MILLA G5 LIMITED


Director	STAMOVA, Hristina


Registered Address	132 Brookehowse Road
	London
	SE6 3TW


Registered Number	05582238 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		-		10
			-		10
Current assets
Debtors	4	21,010		11,010
Cash at bank and on hand		553		253
		21,563		11,263
Creditors amounts falling due within one year	5	(27,451)		(36,342)
Net current assets (liabilities)			(5,888)		(25,079)
Total assets less current liabilities			(5,888)		(25,069)
Creditors amounts falling due after one year	6		(8,015)		(9,981)
Net assets			(13,903)		(35,050)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(14,003)		(35,150)
Shareholders' funds			(13,903)		(35,050)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 September 2025, and are signed on its behalf by:

STAMOVA, Hristina
Director
Registered Company No. 05582238

MILLA G5 LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The 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).

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	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.

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	2,330	2,330
At 31 December 24	2,330	2,330
Depreciation and impairment
At 01 January 24	2,320	2,320
Charge for year	10	10
At 31 December 24	2,330	2,330
Net book value
At 31 December 24	-	-
At 31 December 23	10	10

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	10,000	-
Other debtors	11,010	11,010
Total	21,010	11,010

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,076	-
Taxation and social security	78	73
Other creditors	26,297	36,269
Total	27,451	36,342


	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.

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	8,015	9,981
Total	8,015	9,981

7.	Directors advances, credits and guarantees
	At the year end Director Current Account balance is £3,297( 2023 - £50).

8.	Related party transactions
	Other debtors includes inter company balance of All Services In One Ltd £2,110 (2023 : £2,110), Toni & D Ltd £8,900 (2023 : £8,900). Other creditors includes inter company balances of BP Connections Ltd £23,000 (2023 : £23,000), and AD Property & Management Limited NIL (2023 : £4,423)