Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 11466558 Mr Nicholas Miller iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11466558 2022-07-31 11466558 2023-07-31 11466558 2022-08-01 2023-07-31 11466558 frs-core:CurrentFinancialInstruments 2023-07-31 11466558 frs-core:Non-currentFinancialInstruments 2023-07-31 11466558 frs-core:BetweenOneFiveYears 2023-07-31 11466558 frs-core:MotorVehicles 2023-07-31 11466558 frs-core:MotorVehicles 2022-08-01 2023-07-31 11466558 frs-core:MotorVehicles 2022-07-31 11466558 frs-core:PlantMachinery 2023-07-31 11466558 frs-core:PlantMachinery 2022-08-01 2023-07-31 11466558 frs-core:PlantMachinery 2022-07-31 11466558 frs-core:WithinOneYear 2023-07-31 11466558 frs-core:ShareCapital 2023-07-31 11466558 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 11466558 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11466558 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 11466558 frs-bus:SmallEntities 2022-08-01 2023-07-31 11466558 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 11466558 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 11466558 frs-bus:Director1 2022-08-01 2023-07-31 11466558 frs-countries:EnglandWales 2022-08-01 2023-07-31 11466558 2021-07-31 11466558 2022-07-31 11466558 2021-08-01 2022-07-31 11466558 frs-core:CurrentFinancialInstruments 2022-07-31 11466558 frs-core:Non-currentFinancialInstruments 2022-07-31 11466558 frs-core:BetweenOneFiveYears 2022-07-31 11466558 frs-core:WithinOneYear 2022-07-31 11466558 frs-core:ShareCapital 2022-07-31 11466558 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 11466558
Millennial Scaffolding Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
DJSN Accounting Services Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11466558
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,648 11,881
19,648 11,881
CURRENT ASSETS
Debtors 4,718 1,950
Cash at bank and in hand 882 932
5,600 2,882
Creditors: Amounts Falling Due Within One Year 5 (9,746 ) (7,003 )
NET CURRENT ASSETS (LIABILITIES) (4,146 ) (4,121 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,502 7,760
Creditors: Amounts Falling Due After More Than One Year 6 (7,850 ) -
NET ASSETS 7,652 7,760
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 7,651 7,759
SHAREHOLDERS' FUNDS 7,652 7,760
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Page 2
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nicholas Miller
Director
10/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Millennial Scaffolding Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11466558 . The registered office is 185 Heathfield Road, Southport, PR8 3HE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.



2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was 3 (2022: 2)
3 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2022 15,320 6,250 21,570
Additions - 12,995 12,995
As at 31 July 2023 15,320 19,245 34,565
Depreciation
As at 1 August 2022 5,417 4,272 9,689
Provided during the period 1,485 3,743 5,228
As at 31 July 2023 6,902 8,015 14,917
Net Book Value
As at 31 July 2023 8,418 11,230 19,648
As at 1 August 2022 9,903 1,978 11,881
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 2,479 -
Corporation tax - 206
Other creditors 6,000 6,000
Accruals and deferred income 797 625
Director's loan account 470 172
9,746 7,003
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 7,850 -
7,850 -
7. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,479 -
Later than one year and not later than five years 7,850 -
10,329 -
10,329 -
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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