REGISTERED NUMBER: 11140186 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Under Milk Wood Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Johnson

H Gurevich

REGISTERED OFFICE:

Suite 2C, Brosnan House

175 Darkes Lane

Potters Bar

Hertfordshire

EN6 1BW

REGISTERED NUMBER:

11140186 (England and Wales)

FIXED ASSETS

Tangible assets

4

481,521

483,021

CURRENT ASSETS

Cash at bank and in hand

7,909

8,940

CREDITORS

Amounts falling due within one year

5

393,916

403,667

NET CURRENT LIABILITIES

(386,007

)

(394,727

)

TOTAL ASSETS LESS CURRENT LIABILITIES

95,514

88,294

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

7

95,512

88,292

SHAREHOLDERS' FUNDS

95,514

88,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

M Johnson - Director

1.	STATUTORY INFORMATION

Under Milk Wood Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents fees received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Fixtures and fittings - 25% on reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

the tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

477,021

15,668

492,689

DEPRECIATION

At 1 January 2025

-

9,668

9,668

Charge for year

-

1,500

1,500

At 31 December 2025

-

11,168

11,168

NET BOOK VALUE

At 31 December 2025

477,021

4,500

481,521

At 31 December 2024

477,021

6,000

483,021

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

228,905

204,367

Directors' current accounts

163,931

197,140

Accrued expenses

1,080

2,160

393,916

403,667

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

2

Ordinary

£1

2

2

7.

RESERVES

Retained

earnings

£

At 1 January 2025

88,292

Profit for the year

7,220

At 31 December 2025

95,512

8.	RELATED PARTY DISCLOSURES

Other creditors is an amount due to ATG Furniture Limited, a company of which M Johnson and H Gurevich are directors and shareholders.