Mill Homes (Derby) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11162429 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Mill Homes (Derby) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Singh

B S Chahal

SECRETARY:

Mrs M Tak

REGISTERED OFFICE:

Management Office

The Wheelhouse

20-22 Ashbourne Road

Derby

DE22 3AD

REGISTERED NUMBER:

11162429 (England and Wales)

ACCOUNTANTS:

NP & Associates Limited

2 Besthorpe Close

Oakwood

Derby

Derbyshire

DE21 4RQ

FIXED ASSETS

Tangible assets

4

9,711

12,139

Investment property

5

1,550,831

1,560,542

1,562,970

CURRENT ASSETS

Debtors

6

55

Cash at bank

42,559

38,265

42,614

38,320

CREDITORS

Amounts falling due within one year

7

462,747

466,273

NET CURRENT LIABILITIES

(420,133

)

(427,953

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,140,409

1,135,017

CREDITORS

Amounts falling due after more than one year

8

(1,029,596

)

(1,053,439

)

PROVISIONS FOR LIABILITIES

(2,422

)

(2,883

)

NET ASSETS

108,391

78,695

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

108,291

78,595

SHAREHOLDERS' FUNDS

108,391

78,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2026 and were signed on its behalf by:

S Singh - Director

B S Chahal - Director

1.	STATUTORY INFORMATION

Mill Homes (Derby) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 February 2025

and 31 January 2026

28,735

DEPRECIATION

At 1 February 2025

16,596

Charge for year

2,428

At 31 January 2026

19,024

NET BOOK VALUE

At 31 January 2026

9,711

At 31 January 2025

12,139

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

1,550,831

NET BOOK VALUE

At 31 January 2026

1,550,831

At 31 January 2025

1,550,831

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed by group undertakings

55

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

17,333

24,000

Trade creditors

-

486

Amounts owed to participating interests

197,499

Taxation and social security

7,428

3,790

Other creditors

240,487

240,498

462,747

466,273

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans

1,029,596

1,053,439

2026

2025

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years

973,596

994,106

9.	SECURED DEBTS

The bank loan is secured by a fixed and floating charge over the company investment property.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Wheel House Properties Ltd.