MILESTONE INDUSTRIAL FLOORING LIMITED

MILESTONE INDUSTRIAL FLOORING LIMITED

MILESTONE INDUSTRIAL FLOORING LIMITED - Company Information

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MILESTONE INDUSTRIAL FLOORING LIMITED

Company Registration Number:
06799119 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2019

Period of accounts

Start date: 01 February 2018

End date: 31 January 2019

MILESTONE INDUSTRIAL FLOORING LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2019

Balance sheet
Notes

MILESTONE INDUSTRIAL FLOORING LIMITED

Balance sheet

As at 31 January 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets: 2 950 1,900
Tangible assets: 3 233,702 244,894
Total fixed assets: 234,652 246,794
Current assets
Stocks: 560,180 569,530
Debtors:   840,301 726,697
Cash at bank and in hand: 513,096 614,888
Total current assets: 1,913,577 1,911,115
Creditors: amounts falling due within one year: 4 (519,782) (636,050)
Net current assets (liabilities): 1,393,795 1,275,065
Total assets less current liabilities: 1,628,447 1,521,859
Creditors: amounts falling due after more than one year: 5 (66,408) (109,106)
Total net assets (liabilities): 1,562,039 1,412,753
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,561,939 1,412,653
Shareholders funds: 1,562,039 1,412,753

The notes form part of these financial statements

MILESTONE INDUSTRIAL FLOORING LIMITED

Balance sheet statements

For the year ending 31 January 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 19 September 2019
and signed on behalf of the board by:

Name: PETER HARRISON
Status: Director

The notes form part of these financial statements

MILESTONE INDUSTRIAL FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MILESTONE INDUSTRIAL FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2019

2. Intangible Assets

Total
Cost £
At 01 February 2018 9,500
At 31 January 2019 9,500
Amortisation
At 01 February 2018 7,600
Charge for year 950
At 31 January 2019 8,550
Net book value
At 31 January 2019 950
At 31 January 2018 1,900

MILESTONE INDUSTRIAL FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2019

3. Tangible Assets

Total
Cost £
At 01 February 2018 587,681
Additions 82,360
Disposals (22,575)
At 31 January 2019 647,466
Depreciation
At 01 February 2018 342,787
Charge for year 84,027
On disposals (13,050)
At 31 January 2019 413,764
Net book value
At 31 January 2019 233,702
At 31 January 2018 244,894

MILESTONE INDUSTRIAL FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2019

4. Creditors: amounts falling due within one year note

TRADE CREDITORS 169086 HP ACCOUNTS 74163 OTHER CREDITORS 1989 TAXES AND SOCIAL SECURITY 104208 CORPORATION TAX 71000

MILESTONE INDUSTRIAL FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2019

5. Creditors: amounts falling due after more than one year note

HP ACCOUNTS 66408