Registration number: 10739372

Milkside Properties Limited

Contents

Accountants' Report	1
Balance Sheet	2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Milkside Properties Limited
for the Year Ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Milkside Properties Limited for the year ended 31 January 2026 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Milkside Properties Limited, as a body, in accordance with the terms of our engagement letter dated 21 February 2023. Our work has been undertaken solely to prepare for your approval the accounts of Milkside Properties Limited and state those matters that we have agreed to state to the Board of Directors of Milkside Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Milkside Properties Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Milkside Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Milkside Properties Limited. You consider that Milkside Properties 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 accounts of Milkside Properties 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 accounts.

Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

9 October 2026

Milkside Properties Limited

(Registration number: 10739372)
Balance Sheet as at 31 January 2026

		2026 £	2025 £
Fixed assets		44,121	6,117
Current assets		60,793	55,385
Prepayments and accrued income		2,346	1,788
Creditors: Amounts falling due within one year		(5,590)	(18,557)
Net current assets		57,549	38,616
Total assets less current liabilities		101,670	44,733
Creditors: Amounts falling due after more than one year		(35,430)	-
Accruals and deferred income		(1,090)	(1,122)
		65,150	43,611
Capital and reserves		65,150	43,611

Milkside Properties Limited

(Registration number: 10739372)
Balance Sheet as at 31 January 2026 (continued)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Ellershope Cottage
Sparty Lea
HEXHAM
NE47 9UE

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

3	Related party transactions

Transactions with directors

2026	At 1 February 2025 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 January 2026 £
M J Potts
Loan to director	12,393	18,730	(7,261)	(10,000)	469	14,331
J S Douglas
Loan to director	12,393	18,730	(7,261)	(10,000)	469	14,331

2025	At 1 February 2024 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 January 2025 £
M J Potts
Loan to director	4,091	20,929	(260)	(12,500)	133	12,393
J S Douglas
Loan to director	4,091	20,929	(260)	(12,500)	133	12,393

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2.25% on advances to directors up to 5 April 2025 and at 3.75% thereafter.

Milkside Properties Limited

(Registration number: 10739372)
Balance Sheet as at 31 January 2026 (continued)

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 October 2026 and signed on its behalf by:
 

......................................... M J Potts Director