FRS 105

FRS 105

MILLHAWKE PROPERTIES LIMITED - Company Information

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Company registration number: 10643257
Unaudited financial statements
for the year ended 28 February 2023
for
Millhawke Properties Limited
Pages for filing with the Registrar
Company registration number: 10643257
Millhawke Properties Limited
Balance sheet
as at 28 February 2023
2023 2022
Note £ £ £ £
Tangible assets 4 - -
Current assets
Debtors - 798
Cash at bank and in hand - 387
- 1,185
Creditors: amounts falling due within
one year 		(77,251) (59,034)
Net current liabilities (77,251) (57,849)
NET LIABILITIES (77,251) (57,849)
Capital and reserves
Called up share capital 2 2
Profit and loss account (77,253) (57,851)
TOTAL EQUITY (77,251) (57,849)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2023.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10643257
Millhawke Properties Limited
Balance sheet - continued
as at 28 February 2023
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 26 July 2023 and signed on its behalf by:
Mr H Marriott, Director
26 July 2023
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Millhawke Properties Limited
Notes to the financial statements
for the year ended 28 February 2023
1 Company information
The company is registered in England and Wales. Its registered number is 10643257. The company is limited by shares. Its registered office is 1a Gregory Place, London, London, W8 4NG.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 33% on cost
3 Average number of employees
During the year the average number of employees was Nil (2022 - Nil).
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Millhawke Properties Limited
Notes to the financial statements - continued
for the year ended 28 February 2023
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 March 2022 1,115
At 28 February 2023 1,115
Depreciation
At 1 March 2022 1,115
At 28 February 2023 1,115
Net book value
At 28 February 2023 -
At 28 February 2022 -
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022.
2023 2022
£ £
Mr Henry Marriott
Balance outstanding at start of year 74,768 58,398
Amounts advanced 158 16,370
Balance outstanding at end of year 74,926 74,768
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Millhawke Properties Limited
Exception report
for the year ended 28 February 2023
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Reserves
Opening balance at
1 March 2022 per
TB 		Balance at 28
February 2022 per
accounts 		Difference
£ £ £
Profit and loss account (Account 968) (77,373) (57,851) (19,522)
(77,373) (57,851) (19,522)
This page does not form part of the statutory financial statements.
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