For the period ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08925829
Milla Consulting Ltd
For the period ended 31 March 2015
1
Accountants' Report
2
Balance Sheet
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Notes to the Abbreviated Financial Statements
Accountants' Report
For the period ended 31 March 2015
Milla Consulting Ltd
As described on the balance sheet you are responsible for the preparation of the financial statements for the period
|
ended
31
March
2015
and you consider that the company is exempt from an audit under the Companies Act
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Vernon Barrow Ltd
Wessex House
66 High Street
Honiton
Devon
EX14 1PD
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Notes to the Abbreviated Financial Statements
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For the period ended 31 March 2015
Milla Consulting Ltd
Turnover represents gross invoiced sales, excluding flat rate VAT.
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.
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Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
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Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Fixtures and Fittings
940
940
252
Charge for period
252
688
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Notes to the Abbreviated Financial Statements
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For the period ended 31 March 2015
Milla Consulting Ltd
Allotted called up and fully paid
|
2015
100
Class A shares of £
1
.
00
each
|
100
100
100 Class A £1.00 A shares have been issued during the period at par for a cash consideration of £100.
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