Milano's Swansea Ltd

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.

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

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


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