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REGISTERED NUMBER: 03838590 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THIRD MILLENNIUM (UK) LTD

THIRD MILLENNIUM (UK) LTD (REGISTERED NUMBER: 03838590)

ABRIDGED BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 493 736
Investment property 5 916,000 946,000
916,493 946,736

CURRENT ASSETS
Debtors 241 -
Cash at bank 17,843 20,977
18,084 20,977
CREDITORS
Amounts falling due within one year 4,893 3,009
NET CURRENT ASSETS 13,191 17,968
TOTAL ASSETS LESS CURRENT
LIABILITIES

929,684

964,704

CREDITORS
Amounts falling due after more than one
year

6

(444,206

)

(444,206

)

PROVISIONS FOR LIABILITIES (68,972 ) (58,258 )
NET ASSETS 416,506 462,240

THIRD MILLENNIUM (UK) LTD (REGISTERED NUMBER: 03838590)

ABRIDGED BALANCE SHEET - continued
31 March 2025

2025 2024
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 275,887 334,266
Retained earnings 140,519 127,874
416,506 462,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





Mrs N M Margand - Director


THIRD MILLENNIUM (UK) LTD (REGISTERED NUMBER: 03838590)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Third Millennium (UK) Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 03838590 and its registered office is 10 The Moorings, Norwich, Norfolk, NR3 3AX. The presentation currency is pound sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

THIRD MILLENNIUM (UK) LTD (REGISTERED NUMBER: 03838590)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 750
DEPRECIATION
At 1 April 2024 14
Charge for year 243
At 31 March 2025 257
NET BOOK VALUE
At 31 March 2025 493
At 31 March 2024 736

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 946,000
Revaluations (30,000 )
At 31 March 2025 916,000
NET BOOK VALUE
At 31 March 2025 916,000
At 31 March 2024 946,000

THIRD MILLENNIUM (UK) LTD (REGISTERED NUMBER: 03838590)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2002 51,793
Valuation in 2003 34,552
Valuation in 2005 21,000
Valuation in 2006 (141,000 )
Valuation in 2013 40,000
Valuation in 2015 30,000
Valuation in 2022 315,668
Valuation in 2024 (46,126 )
Valuation in 2025 (30,000 )
Cost 640,113
916,000

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS
2025 2024
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 444,206 444,206

7. RESERVES
Revaluation
reserve
£   
At 1 April 2024 334,266
Revaluation of property (58,379 )

At 31 March 2025 275,887