MILLARS MALTINGS LIMITED

Company Registration Number:
00992333 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2025

Period of accounts

Start date: 01 June 2024

End date: 31 May 2025

MILLARS MALTINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2025

Balance sheet
Notes

MILLARS MALTINGS LIMITED

Balance sheet

As at 31 May 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 8,723,814 8,749,340
Total fixed assets: 8,723,814 8,749,340
Current assets
Debtors:   702,230 676,500
Cash at bank and in hand: 74,861 97,916
Investments:   31,025 11,025
Total current assets: 808,116 785,441
Creditors: amounts falling due within one year:   (195,984) (195,374)
Net current assets (liabilities): 612,132 590,067
Total assets less current liabilities: 9,335,946 9,339,407
Creditors: amounts falling due after more than one year:   (3,597,365) (3,622,459)
Provision for liabilities:   (15,030)
Total net assets (liabilities): 5,738,581 5,701,918
Capital and reserves
Called up share capital: 30,000 30,000
Revaluation reserve:46,795,6106,795,610
Profit and loss account: (1,087,029) (1,123,692)
Shareholders funds: 5,738,581 5,701,918

The notes form part of these financial statements

MILLARS MALTINGS LIMITED

Balance sheet statements

For the year ending 31 May 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 May 2026
and signed on behalf of the board by:

Name: Mr B Clarke
Status: Director

The notes form part of these financial statements

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows: Land and buildings Freehold Stated at Valuation Fixtures, fittings & equipment 25% straight line Motor vehicles 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

2. Employees

2025 2024
Average number of employees during the period 3 3

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Tangible Assets

Total
Cost £
At 01 June 2024 8,817,399
At 31 May 2025 8,817,399
Depreciation
At 01 June 2024 68,059
Charge for year 25,526
At 31 May 2025 93,585
Net book value
At 31 May 2025 8,723,814
At 31 May 2024 8,749,340

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Revaluation reserve

2025
£
Balance at 01 June 2024 6,795,610
Surplus or deficit after revaluation 0
Balance at 31 May 2025 6,795,610