MILESTAR LIMITED

Company Registration Number:
01687479 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2025

Period of accounts

Start date: 01 September 2024

End date: 31 August 2025

MILESTAR LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Notes

MILESTAR LIMITED

Balance sheet

As at 31 August 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 63,128 68,821
Total fixed assets: 63,128 68,821
Current assets
Stocks: 125,500 187,000
Debtors:   1,209,729 1,137,519
Cash at bank and in hand: 244,446 330,706
Total current assets: 1,579,675 1,655,225
Creditors: amounts falling due within one year:   (1,259,222) (1,257,829)
Net current assets (liabilities): 320,453 397,396
Total assets less current liabilities: 383,581 466,217
Provision for liabilities: (130) (143)
Total net assets (liabilities): 383,451 466,074
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 383,351 465,974
Shareholders funds: 383,451 466,074

The notes form part of these financial statements

MILESTAR LIMITED

Balance sheet statements

For the year ending 31 August 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 07 August 2026
and signed on behalf of the board by:

Name: H Gandesha
Status: Director

The notes form part of these financial statements

MILESTAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 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

MILESTAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

2. Employees

2025 2024
Average number of employees during the period 12 11

MILESTAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible Assets

Total
Cost £
At 01 September 2024 435,327
At 31 August 2025 435,327
Depreciation
At 01 September 2024 366,506
Charge for year 5,693
At 31 August 2025 372,199
Net book value
At 31 August 2025 63,128
At 31 August 2024 68,821

MILESTAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Related party transactions

Name of the related party: SM and NM Gandesha Partnership
Relationship:
Directors of Company
Description of the Transaction: SM and NM Gandesha partnership noted in the Debtors as at the balance sheet date. This debt or its extent may be disputed by SM and NM Gandesha Partnership.
£
Balance at 01 September 2024 494,104
Balance at 31 August 2025 494,104
Name of the related party: Narendra Gandesha
Relationship:
Directors of Company
Description of the Transaction: As at the year end, Narendra Gandesha held £102,925.39 of cash due to the business.
£
Balance at 01 September 2024 102,925
Balance at 31 August 2025 102,925