MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Company Registration Number:
05313271 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 38,782 51,709
Total fixed assets: 38,782 51,709
Current assets
Debtors: 4 178,768 242,535
Cash at bank and in hand: 16,584 3,881
Total current assets: 195,352 246,416
Creditors: amounts falling due within one year:   (22,749) (58,384)
Net current assets (liabilities): 172,603 188,032
Total assets less current liabilities: 211,385 239,741
Total net assets (liabilities): 211,385 239,741
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 211,383 239,739
Shareholders funds: 211,385 239,741

The notes form part of these financial statements

MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 June 2024
and signed on behalf of the board by:

Name: J Jacovides
Status: Director

The notes form part of these financial statements

MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Plant and machinery 25% reduced balance

MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 327,717
At 31 December 2023 327,717
Depreciation
At 01 January 2023 276,008
Charge for year 12,927
At 31 December 2023 288,935
Net book value
At 31 December 2023 38,782
At 31 December 2022 51,709

MILLENNIA STRATIGRAPHIC CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0