Milestone FP Ltd

Company Information
for the year from 1 April 2025 to 31 March 2026


Directors	Craig Croft-Rayner
	Nicholas Evans
	Michael Heath


Registered Address	91-97 Saltergate
	Chesterfield
	S40 1LA


Place of Business	Unit D
	Dunston Court
	Dunston Road
	Chesterfield
	S41 8NL


Registered Number	04517317 (England and Wales)

Milestone FP Ltd

Statement of Financial Position
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		34,673		40,792
Tangible assets	4		35,721		38,152
			70,394		78,944
Current assets
Debtors		6,323		8,122
Cash at bank and on hand		208,803		98,429
		215,126		106,551
Creditors amounts falling due within one year		(82,789)		(80,558)
Net current assets (liabilities)			132,337		25,993
Total assets less current liabilities			202,731		104,937
Creditors amounts falling due after one year			-		(1,400)
Provisions for liabilities			(17,598)		(19,736)
Net assets			185,133		83,801
Capital and reserves
Called up share capital			100		100
Profit and loss account			185,033		83,701
Shareholders' funds			185,133		83,801

The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 23 July 2026, and are signed on its behalf by:

Nicholas Evans
Director
Registered Company No. 04517317

Milestone FP Ltd

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2026		2025
	Average number of employees during the year	6		8

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 April 25	57,174
	At 31 March 26	57,174
	Amortisation and impairment
	At 01 April 25	16,382
	Charge for year	6,119
	At 31 March 26	22,501
	Net book value
	At 31 March 26	34,673
	At 31 March 25	40,792

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 25	66,861
	Additions	1,827
	Disposals	(4,223)
	At 31 March 26	64,465
	Depreciation and impairment
	At 01 April 25	28,709
	Charge for year	2,515
	On disposals	(2,480)
	At 31 March 26	28,744
	Net book value
	At 31 March 26	35,721
	At 31 March 25	38,152