S C Miller Ltd - Accounts to registrar (filleted) - small 18.2

S C Miller Ltd - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Production v18.3.0.592 04682769 director 1.3.17 28.2.18 28.2.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046827692017-02-28046827692018-02-28046827692017-03-012018-02-28046827692016-02-29046827692016-03-012017-02-28046827692017-02-2804682769ns15:EnglandWales2017-03-012018-02-2804682769ns14:PoundSterling2017-03-012018-02-2804682769ns10:Director12017-03-012018-02-2804682769ns10:PrivateLimitedCompanyLtd2017-03-012018-02-2804682769ns10:SmallEntities2017-03-012018-02-2804682769ns10:AuditExempt-NoAccountantsReport2017-03-012018-02-2804682769ns10:SmallCompaniesRegimeForDirectorsReport2017-03-012018-02-2804682769ns10:SmallCompaniesRegimeForAccounts2017-03-012018-02-2804682769ns10:AbridgedAccounts2017-03-012018-02-2804682769ns10:CompanySecretary12017-03-012018-02-2804682769ns10:RegisteredOffice2017-03-012018-02-2804682769ns5:CurrentFinancialInstruments2018-02-2804682769ns5:CurrentFinancialInstruments2017-02-2804682769ns5:ShareCapital2018-02-2804682769ns5:ShareCapital2017-02-2804682769ns5:RetainedEarningsAccumulatedLosses2018-02-2804682769ns5:RetainedEarningsAccumulatedLosses2017-02-2804682769ns5:PlantMachinery2017-03-012018-02-2804682769ns5:WithinOneYear2018-02-2804682769ns5:WithinOneYear2017-02-2804682769ns5:BetweenOneFiveYears2018-02-2804682769ns5:BetweenOneFiveYears2017-02-2804682769ns5:AllPeriods2018-02-2804682769ns5:AllPeriods2017-02-28


REGISTERED NUMBER: 04682769 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

S C MILLER LTD

S C MILLER LTD (REGISTERED NUMBER: 04682769)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


S C MILLER LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTOR: S C Miller FCA





SECRETARY: Mrs C Miller FCCA,MAAT





REGISTERED OFFICE: Clock Offices
High Street
Bishops Waltham
Southampton
Hampshire
SO32 1AA





REGISTERED NUMBER: 04682769 (England and Wales)





ACCOUNTANTS: S C Miller Ltd
Chartered Accountants and Registered Auditors
Clock Offices
High Street
Bishops Waltham
Southampton
Hampshire
SO32 1AA

S C MILLER LTD (REGISTERED NUMBER: 04682769)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,829 6,930

CURRENT ASSETS
Stocks 68,042 77,860
Debtors 101,484 136,131
Cash at bank 44,683 2,764
214,209 216,755
CREDITORS
Amounts falling due within one year 74,139 97,375
NET CURRENT ASSETS 140,070 119,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,899

126,310

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 144,779 126,190
SHAREHOLDERS' FUNDS 144,899 126,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

S C MILLER LTD (REGISTERED NUMBER: 04682769)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2018


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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 16 October 2018 and were signed by:





S C Miller FCA - Director


S C MILLER LTD (REGISTERED NUMBER: 04682769)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018


1. STATUTORY INFORMATION

S C Miller Ltd 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.

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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stock is valued at the lower of cost or net realisable value. Work in progress is valued at the end of the financial year to the
extent that the work has been performed. This includes all income from the time ledger at billable rates, suitably adjusted to
reflect eventual under recovery.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
Contributions payable to the Nest pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2017 - 6 ) .

S C MILLER LTD (REGISTERED NUMBER: 04682769)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2017 27,046
Additions 1,420
Disposals (2,406 )
At 28 February 2018 26,060
DEPRECIATION
At 1 March 2017 20,116
Charge for year 3,284
Eliminated on disposal (2,169 )
At 28 February 2018 21,231
NET BOOK VALUE
At 28 February 2018 4,829
At 28 February 2017 6,930

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
28.2.18 28.2.17
£    £   
Within one year 1,856 12,477
Between one and five years 4,189 5,122
6,045 17,599