MILESTONE LONDON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2019
PAGES FOR FILING WITH REGISTRAR
MILESTONE LONDON LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2019
31 October 2019
- 1 -
2019
2018
£
£
£
£
Current assets
225,654
277,279
Prepayments and accrued income
19,090
3,742
Creditors: amounts falling due within one year
(48,987)
(54,805)
Net current assets
195,757
226,216
Net assets
195,757
226,216
Capital and reserves
195,757
226,216
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year the total advances made to Mr P Thomas, the director of the company, was £89,686.The advances were subject to interest at a rate of 2.5% pa, unsecured and repayable on demand. The amounts repaid during the year were £65,996. At 31 October 2019 the balance owed to the company was £23,690 (2018 - nil).
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2019
2018
Number
Number
Employees
1
1
Milestone London Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 Nicholas Street, Burnley, Lancashire, BB11 2AL.
For the year ended 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MILESTONE LONDON LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2019
31 October 2019
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 23 October 2020
P Thomas
Director
Company Registration Number 3865311