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Company Registration No. 01401282 (England and Wales)
Mill Stainless Stockholders Limited Unaudited accounts for the year ended 31 December 2025
Mill Stainless Stockholders Limited Unaudited accounts Contents
Page
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Mill Stainless Stockholders Limited Company Information for the year ended 31 December 2025
Directors
Mr R E Griggs Mr R Orviss Mr D Richardson Mrs A Bywater Ms M Evans Mr S Rawlings
Company Number
01401282 (England and Wales)
Registered Office
Mill Stainless Stockholders Ltd Lynn Road Wisbech Cambridgeshire PE13 3DE England
Accountants
A D Pottie and Co Ltd Punches Barn Waterperry Road Holton Oxford OX33 1PR
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Mill Stainless Stockholders Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
786,828 
326,688 
Current assets
Inventories
289,400 
265,212 
Debtors
575,462 
666,051 
Cash at bank and in hand
807,261 
1,508,223 
1,672,123 
2,439,486 
Creditors: amounts falling due within one year
(478,063)
(734,803)
Net current assets
1,194,060 
1,704,683 
Total assets less current liabilities
1,980,888 
2,031,371 
Provisions for liabilities
Deferred tax
(205,964)
(67,930)
Net assets
1,774,924 
1,963,441 
Capital and reserves
Called up share capital
500 
500 
Profit and loss account
1,774,424 
1,962,941 
Shareholders' funds
1,774,924 
1,963,441 
For the year ending 31 December 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2026 and were signed on its behalf by
Mr R E Griggs Director Company Registration No. 01401282
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Mill Stainless Stockholders Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Mill Stainless Stockholders Limited is a private company, limited by shares, registered in England and Wales, registration number 01401282. The registered office is Mill Stainless Stockholders Ltd, Lynn Road, Wisbech, Cambridgeshire, PE13 3DE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Inventories
Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of inventory sold is recognised as an expense in the period in which the related revenue is recognised.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Mill Stainless Stockholders Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
1,198,695 
136,172 
1,334,867 
Additions
718,920 
- 
718,920 
At 31 December 2025
1,917,615 
136,172 
2,053,787 
Depreciation
At 1 January 2025
937,845 
70,334 
1,008,179 
Charge for the year
242,320 
16,460 
258,780 
At 31 December 2025
1,180,165 
86,794 
1,266,959 
Net book value
At 31 December 2025
737,450 
49,378 
786,828 
At 31 December 2024
260,850 
65,838 
326,688 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
527,559 
550,204 
Accrued income and prepayments
47,105 
114,266 
Other debtors
798 
1,581 
575,462 
666,051 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
58,547 
67,434 
Trade creditors
387,209 
340,754 
Taxes and social security
(55,133)
96,313 
Loans from directors
29,584 
169,497 
Accruals
57,856 
60,805 
478,063 
734,803 
7
Average number of employees
During the year the average number of employees was 21 (2024: 23).
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