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Company registration number: NI618372
Milford Developments Limited
Unaudited filleted financial statements
31 May 2025
Milford Developments Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Milford Developments Limited
Directors and other information
Directors John Toal
Company number NI618372
Registered office 27 Dundrum Road
Tassagh
Armagh
BT60 2PZ
Accountants Business Account Services
11 Abbey Street
Armagh
BT61 7DX
Bankers Bank of Ireland
14 Main Street
Keady
Armagh
Milford Developments Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Milford Developments Limited
Year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Milford Developments Limited for the year ended 31 May 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Milford Developments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Milford Developments Limited and state those matters that we have agreed to state to the board of directors of Milford Developments Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Milford Developments Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Milford Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Milford Developments Limited. You consider that Milford Developments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Milford Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Business Account Services
11 Abbey Street
Armagh
BT61 7DX
6 May 2026
Milford Developments Limited
Statement of financial position
31 May 2025
2025 2024
£ £
Fixed assets 59,495 20,369
_______ _______
Current assets 605,968 493,488
Creditors: amounts falling due within one year ( 363,090) ( 351,768)
_______ _______
Net current assets 242,878 141,720
_______ _______
Total assets less current liabilities 302,373 162,089
Accruals and deferred income ( 103,375) ( 2,700)
_______ _______
Net assets 198,998 159,389
_______ _______
Capital and reserves 198,998 159,389
_______ _______
Notes to the financial statements
Milford Developments Limited
Year ended 31 May 2025
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
2. Directors advances, credits and guarantees
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 06 May 2026 , and are signed on behalf of the board by:
John Toal
Director
Company registration number: NI618372
The company is a private company limited by shares, registered in Northern Ireland.