Registered number
15402341
MILLENNIUM VDC LIMITED
Report and Abridged Accounts
31 January 2025
MILLENNIUM VDC LIMITED
Abridged Profit and Loss Account
for the period from 10 January 2024 to 31 January 2025
2025
£
Gross profit 274,048
Administrative expenses (345,358)
Operating loss (71,310)
Loss before taxation (71,310)
Tax on loss -
Loss for the period (71,310)
MILLENNIUM VDC LIMITED
Registered number: 15402341
Abridged Balance Sheet
as at 31 January 2025
Notes 2025
£
Current assets
Debtors 1,365,676
Cash at bank and in hand 51,186
1,416,862
Net current assets 1,416,862
Total assets less current liabilities 1,416,862
Creditors: amounts falling due after more than one year (1,388,172)
Net assets 28,690
Capital and reserves
Called up share capital 100,000
Profit and loss account (71,310)
Shareholder's funds 28,690
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
Mykyta PERMIAKOV
Director
Approved by the board on 20 March 2025
MILLENNIUM VDC LIMITED
Statement of Changes in Equity
for the period from 10 January 2024 to 31 January 2025
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
£ £ £ £ £
At 10 January 2024 - - - - -
Loss for the period (71,310) (71,310)
Shares issued 100,000 - 100,000
At 31 January 2025 100,000 - - (71,310) 28,690
MILLENNIUM VDC LIMITED
Notes to the Abridged Accounts
for the period from 10 January 2024 to 31 January 2025
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
It is to be noted that our company currently has long-term debtors amounting to €1,620,156. This debt is owed by a single entity, SA AEROPORTS DE LA COTE D'AZU with the subject of court's filing and hearing and lawsuit.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2025
Number
Average number of persons employed by the company 8
3 Other information
MILLENNIUM VDC LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
MILLENNIUM VDC LIMITED
Detailed profit and loss account
for the period from 10 January 2024 to 31 January 2025
This schedule does not form part of the statutory accounts
2025
£
Sales 562,000
Cost of sales (287,952)
Gross profit 274,048
Administrative expenses (345,358)
Operating loss (71,310)
Gain on revaluation of investments -
Loss before tax (71,310)
MILLENNIUM VDC LIMITED
Detailed profit and loss account
for the period from 10 January 2024 to 31 January 2025
This schedule does not form part of the statutory accounts
2025
£
Sales
Sales 562,000
Cost of sales
Purchases 287,952
Administrative expenses
Employee costs:
Wages and salaries 115,041
Temporary staff and recruitment 9,952
Staff training and welfare 5,841
Travel and subsistence 15,640
Motor expenses -
Entertaining 5,630
152,104
Premises costs:
Rent 19,580
Rates 8,500
Service charges 4,850
Light and heat 15,450
Cleaning 5,500
53,880
General administrative expenses:
Telephone and internet 10,500
Postage 5,688
Stationery and printing 25,232
Subscriptions 18,650
Insurance 14,500
Equipment expensed 22,510
Software 14,555
Sundry expenses 4,500
116,135
Legal and professional costs:
Accountancy fees 3,500
Management fees 5,840
Advertising and PR 5,465
Other legal and professional 8,434
23,239
345,358
MILLENNIUM VDC LIMITED
Detailed balance sheet
as at 31 January 2025
This schedule does not form part of the statutory accounts
Debtors 2025
£
Trade debtors 1,358,346
Other debtors 7,330
1,365,676
Creditors: amounts falling due after one year 2025
£
Trade creditors 1,388,172
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