Millbridge International Limited - Limited company accounts 18.1d

Millbridge International Limited - Limited company accounts 18.1d


IRIS Accounts Productionv18.1.0.97503072566Board of Directors1.1.1731.12.1731.12.17planning supervisors to the construction industryfalsetruetruefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure030725662016-12-31030725662017-12-31030725662017-01-012017-12-31030725662015-12-31030725662016-01-012016-12-31030725662016-12-3103072566ns15:EnglandWales2017-01-012017-12-3103072566ns14:PoundSterling2017-01-012017-12-3103072566ns10:Director12017-01-012017-12-3103072566ns10:PrivateLimitedCompanyLtd2017-01-012017-12-3103072566ns10:SmallEntities2017-01-012017-12-3103072566ns10:Audited2017-01-012017-12-3103072566ns10:SmallCompaniesRegimeForAccounts2017-01-012017-12-3103072566ns10:FullAccounts2017-01-012017-12-3103072566ns10:Director32017-01-012017-12-3103072566ns10:Director42017-01-012017-12-3103072566ns10:RegisteredOffice2017-01-012017-12-3103072566ns10:Director22017-01-012017-12-3103072566ns5:CurrentFinancialInstruments2017-12-3103072566ns5:CurrentFinancialInstruments2016-12-3103072566ns5:ShareCapital2017-12-3103072566ns5:ShareCapital2016-12-3103072566ns5:RetainedEarningsAccumulatedLosses2017-12-3103072566ns5:RetainedEarningsAccumulatedLosses2016-12-3103072566ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-3103072566ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-31


REGISTERED NUMBER: 03072566(England and Wales)
























Report of the Directors and

Financial Statements

for the Year Ended 31 December 2017

for

MILLBRIDGE INTERNATIONAL LIMITED

MILLBRIDGE INTERNATIONAL LIMITED (REGISTERED NUMBER: 03072566)






Contents of the Financial Statements
for the year ended 31 December 2017




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 3

Income Statement 5

Balance Sheet 6

Notes to the Financial Statements 7


MILLBRIDGE INTERNATIONAL LIMITED

Company Information
for the year ended 31 December 2017







DIRECTORS: G A Clarke
D Longstaff
T Scott



REGISTERED OFFICE: 16 Watermark Way
Foxholes Business Park
Hertford
Hertfordshire
SG13 7TZ



REGISTERED NUMBER: 03072566(England and Wales)



AUDITORS: The Trevor Jones Partnership LLP
Statutory Auditor
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR



BANKERS: Coutts & Co.
440 The Strand,
London
WC2R 0QS

MILLBRIDGE INTERNATIONAL LIMITED (REGISTERED NUMBER: 03072566)

Report of the Directors
for the year ended 31 December 2017

The directors present their report with the financial statements of the company for the year ended 31 December 2017.

DIVIDENDS
An interim dividend of £85.11per share was paid on 31 December 2017. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31 December 2017 will be £ 16,000 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2017 to the date of this report.

G A Clarke
D Longstaff
T Scott

Other changes in directors holding office are as follows:

M J Nicholson- resigned 31 August 2017

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable
law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have
elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United
Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements
unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the
company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's
transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of
which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order
to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, The Trevor Jones Partnership LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





G A Clarke- Director


8 May 2018

Report of the Independent Auditors to the Members of
Millbridge International Limited

Opinion
We have audited the financial statements of Millbridge International Limited (the 'company') for the year ended 31 December 2017
which comprise the Income Statement, Balance Sheet and Notes to the Financial Statements, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act
2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to
them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the
opinions we have formed.

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 December 2017 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our
responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements
section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit
of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide
a basis for our opinion.

Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
- the directors' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
- the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt
about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months
from the date when the financial statements are authorised for issue.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the
Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance
conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider
whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or
otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is
consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Millbridge International Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not
identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our
opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not
visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take
advantage of the small companies' exemption from the requirement to prepare a Strategic Report.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the
directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due
to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the
directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance
is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a
material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in
the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial
statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's
website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.




Mr Rob Laurella(Senior Statutory Auditor)
for and on behalf of The Trevor Jones Partnership LLP
Statutory Auditor
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR

8 May 2018

MILLBRIDGE INTERNATIONAL LIMITED (REGISTERED NUMBER: 03072566)

Income Statement
for the year ended 31 December 2017

2017 2016
Notes £    £   

TURNOVER 534,736 44,225

Administrative expenses 514,736 24,225
OPERATING PROFIT and
PROFIT BEFORE TAXATION 20,000 20,000

Tax on profit 4,000 4,000
PROFIT FOR THE FINANCIAL YEAR 16,000 16,000

MILLBRIDGE INTERNATIONAL LIMITED (REGISTERED NUMBER: 03072566)

Balance Sheet
31 December 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 3 37,551 6,137

CREDITORS
Amounts falling due within one year 4 35,414 4,000
NET CURRENT ASSETS 2,137 2,137
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,137

2,137

CAPITAL AND RESERVES
Called up share capital 188 188
Retained earnings 1,949 1,949
SHAREHOLDERS' FUNDS 2,137 2,137

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 May 2018and were signed on its behalf by:





G A Clarke- Director


MILLBRIDGE INTERNATIONAL LIMITED (REGISTERED NUMBER: 03072566)

Notes to the Financial Statements
for the year ended 31 December 2017

1. STATUTORY INFORMATION

Millbridge International 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.

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.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 37,551 -
Amounts owed by group undertakings - 6,137
37,551 6,137

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed to group undertakings 31,414 -
Tax 4,000 4,000
35,414 4,000

5. CONTINGENT LIABILITIES

The company has executed a Mortgage Debenture in favour of Coutts & Co. giving a fixed and floating charge over the
assets of the company. The company has executed a Cross Guarantee securing all debts of the other group companies in
favour of Coutts & Co.

6. RELATED PARTY DISCLOSURES

During the period the parent company charged Millbridge International Limited, £511,174 (2016 - £24,225) for the
provision of management services. At the balance sheet date the parent company was owed £31,414 (2016 - (£6,137)).

7. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual.