Silverfin false 31/03/2023 01/04/2022 31/03/2023 A D Gower 20/10/2014 S Gower 20/10/2014 21 November 2023 OC395996 2023-03-31 OC395996 bus:Director1 2023-03-31 OC395996 bus:Director2 2023-03-31 OC395996 core:CurrentFinancialInstruments 2023-03-31 OC395996 core:CurrentFinancialInstruments 2022-03-31 OC395996 core:Non-currentFinancialInstruments 2023-03-31 OC395996 core:Non-currentFinancialInstruments 2022-03-31 OC395996 2022-03-31 OC395996 2022-04-01 2023-03-31 OC395996 bus:FullAccounts 2022-04-01 2023-03-31 OC395996 bus:SmallEntities 2022-04-01 2023-03-31 OC395996 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 OC395996 bus:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC395996 bus:Director1 2022-04-01 2023-03-31 OC395996 bus:Director2 2022-04-01 2023-03-31 OC395996 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Company No: OC395996 (England and Wales)

MILLENNIUM LONDON PROPERTY SERVICES LLP

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

MILLENNIUM LONDON PROPERTY SERVICES LLP

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

MILLENNIUM LONDON PROPERTY SERVICES LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION

For the financial year ended 31 March 2023
MILLENNIUM LONDON PROPERTY SERVICES LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

For the financial year ended 31 March 2023
DESIGNATED MEMBERS A D Gower
S Gower
REGISTERED OFFICE Towngate House
2-8 Parkstone Road
Poole
BH15 2PW
United Kingdom
REGISTERED NUMBER OC395996 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Towngate House
2-8 Parkstone Road
Poole
Dorset BH15 2PW
MILLENNIUM LONDON PROPERTY SERVICES LLP

BALANCE SHEET

As at 31 March 2023
MILLENNIUM LONDON PROPERTY SERVICES LLP

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Current assets
Debtors 75,540 70,375
75,540 70,375
Creditors: amounts falling due within one year 3 ( 11,664) ( 10,801)
Net current assets 63,876 59,574
Total assets less current liabilities 63,876 59,574
Creditors: amounts falling due after more than one year 4 ( 21,750) ( 30,750)
Net assets attributable to members 42,126 28,824
Represented by
Members' other interests
Other reserves 42,126 28,824
42,126 28,824
42,126 28,824
Total members' interests
Amounts due from members (included in debtors) (75,540) (70,375)
Members' other interests 42,126 28,824
(33,414) (41,551)

For the financial year ending 31 March 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

The financial statements of Millennium London Property Services LLP (registered number: OC395996) were approved and authorised for issue by the Board of Directors on 21 November 2023. They were signed on its behalf by:

A D Gower
Designated member
MILLENNIUM LONDON PROPERTY SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
MILLENNIUM LONDON PROPERTY SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Millennium London Property Services LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty. Revenue comprises of services rendered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the LLP during the year 2 2

3. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans 9,000 9,000
Other taxation and social security 294 356
Other creditors 2,370 1,445
11,664 10,801

4. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 21,750 30,750