MILSEY LIMITED


Directors	GASCOIGNE, Elizabeth
	GASCOIGNE, James


Registered Number	SC789626 (Scotland)

Balance Sheet as at
31 July 2026

	Notes	2026		2025
		£	£	£	£
Current assets
Debtors	3	1,301		2,232
Cash at bank and on hand		-		4,848
		1,301		7,080
Creditors amounts falling due within one year	4	(1,301)		(760)
Net current assets (liabilities)			-		6,320
Total assets less current liabilities			-		6,320
Net assets			-		6,320
Capital and reserves
Called up share capital			100		100
Profit and loss account			(100)		6,220
Shareholders' funds			-		6,320

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 5 October 2026, and are signed on its behalf by:

GASCOIGNE, James
Director
Registered Company No. SC789626

MILSEY LIMITED

Notes to the Financial Statements
for the year ended 31 July 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Debtors: amounts due within one year

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	1,301	-
Accrued liabilities and deferred income	-	760
Total	1,301	760

5.	Directors advances, credits and guarantees