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Registered Number: 16398556
England and Wales
MILANO'S SWANSEA LTD
Abridged Accounts
Period of accounts Start date: 22 April 2025 End date: 30 April 2026

Milano's Swansea Ltd Statement of Financial Position As at 30 April 2026
|  | 2026
--- | --- | ---
|  | £ | £
Fixed assets |  |  | 2,203
Current assets |  | 11,797 |
Creditors: amount falling due within one year |  | (3,240) |
Net current assets |  |  | 8,557
Total assets less current liabilities |  |  | 10,760
Provisions for liabilities |  |  | 532
Net assets |  |  | 11,292
Capital and reserves |  |  | 11,292
NOTES TO THE ACCOUNTS General Information Milano's Swansea Ltd is a private company, limited by shares, registered in England and Wales, registration number 16398556, registration address 163, SA1 4DQ. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery | 20% Reducing Balance
Fixtures and Fittings | 20% Reducing Balance
Computer Equipment | 20% Reducing Balance
2. | Tangible fixed assets
Cost or valuation | Plant and Machinery |  | Fixtures and Fittings |  | Computer Equipment |  | Total
| £ |  | £ |  | £ |  | £
At 22 April 2025 | - |  | - |  | - |  | -
Additions | 850 |  | 90 |  | 1,372 |  | 2,312
Disposals | - |  | - |  | - |  | -
At 30 April 2026 | 850 |  | 90 |  | 1,372 |  | 2,312
Depreciation
At 22 April 2025 | - |  | - |  | - |  | -
Charge for period | 46 |  | 14 |  | 49 |  | 109
On disposals | - |  | - |  | - |  | -
At 30 April 2026 | 46 |  | 14 |  | 49 |  | 109
Net book values
Closing balance as at 30 April 2026 | 804 |  | 76 |  | 1,323 |  | 2,203
Opening balance as at 22 April 2025 | - |  | - |  | - |  | -
3. | Average number of employees Average number of employees during the period was 9.
For the period ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities: The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts. The financial statements were approved by the director on 09 July 2026 and were signed by:
-------------------------------- Victor BABA Director
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