Millcrest Computer Consultants Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03428663 (England and Wales)

Unaudited Financial Statements

For The Period 30 December 2023 to 22 December 2024

for

Millcrest Computer Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Blake

F Blake

SECRETARY:

S Blake

REGISTERED OFFICE:

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

REGISTERED NUMBER:

03428663 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

2,832

4,248

CURRENT ASSETS

Debtors

5

49,328

43,379

Cash at bank

94

4,858

49,422

48,237

CREDITORS

Amounts falling due within one year

6

51,209

51,878

NET CURRENT LIABILITIES

(1,787

)

(3,641

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,045

607

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

7

945

507

SHAREHOLDERS' FUNDS

1,045

607

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 22 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 22 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

F Blake - Director

1.	STATUTORY INFORMATION

Millcrest Computer Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and is recognised as services are provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation represents the sum of tax currently payable, and deferred tax if material.

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.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 30 December 2023

and 22 December 2024

6,322

57,744

64,066

DEPRECIATION

At 30 December 2023

6,322

53,496

59,818

Charge for period

-

1,416

At 22 December 2024

6,322

54,912

61,234

NET BOOK VALUE

At 22 December 2024

-

2,832

At 29 December 2023

-

4,248

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

22.12.24

29.12.23

£

Trade debtors

5,700

15,723

Accrued income

-

3,800

Other debtors

222

Directors' current accounts

36,531

16,759

Tax

6,875

49,328

43,379

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

22.12.24

29.12.23

£

Bank loans and overdrafts

2,161

4,261

Corporation tax

28,186

28,625

Social security and other taxes

178

VAT

10,906

14,948

Other creditors

7,789

1,816

Accrued expenses

1,989

2,050

51,209

51,878

7.

RESERVES

Retained

earnings

£

At 30 December 2023

507

Profit for the period

438

At 22 December 2024

945

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 22 December 2024 and the year ended 29 December 2023:

22.12.24

29.12.23

£

F Blake and S Blake

Balance outstanding at start of period

16,759

21,155

Amounts advanced

19,772

-

Amounts repaid

-

(4,396

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

36,531

16,759