Miller West Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03108670 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Miller West Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr G M J West

Mrs P C West

SECRETARY:

Dr G M J West

REGISTERED OFFICE:

Burntwood House

Kestrel Drive

Loggerheads

Market Drayton

TF9 2QT

REGISTERED NUMBER:

03108670 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,192

1,402

Investment property

5

297,800

297,800

298,992

299,202

CURRENT ASSETS

Cash at bank and in hand

2,115

1,395

CREDITORS

Amounts falling due within one year

6

107,475

72,489

NET CURRENT LIABILITIES

(105,360

)

(71,094

)

TOTAL ASSETS LESS CURRENT LIABILITIES

193,632

228,108

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

193,630

228,106

SHAREHOLDERS' FUNDS

193,632

228,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 18 September 2017 and were signed on its behalf by:

Dr G M J West - Director

1.	STATUTORY INFORMATION

Miller West Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31st December 2016 are the first financial statements that

comply with section 1A "small entities" of FRS 102. The date of transition is 1st January 2015. There are no

transition adjustments.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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 Profit and Loss Account,

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 1 (2015 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2016

and 31 December 2016

2,241

12,231

54,807

69,279

DEPRECIATION

At 1 January 2016

1,777

11,293

54,807

67,877

Charge for year

70

140

-

210

At 31 December 2016

1,847

11,433

54,807

68,087

NET BOOK VALUE

At 31 December 2016

394

798

-

1,192

At 31 December 2015

464

938

-

1,402

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2016

and 31 December 2016

305,000

DEPRECIATION

At 1 January 2016

and 31 December 2016

7,200

NET BOOK VALUE

At 31 December 2016

297,800

At 31 December 2015

297,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other creditors

107,475

72,489

7.	RELATED PARTY DISCLOSURES

8.	ULTIMATE CONTROLLING PARTY