Millennium Videographics Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03597321

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,221		2,727

			10,221		2,727
CURRENT ASSETS
Debtors	5	192,012		192,763
Cash at bank and in hand		21,079		10,430

		213,091		203,193
Creditors: Amounts Falling Due Within One Year	6	(204,815 )		(205,047 )

NET CURRENT ASSETS (LIABILITIES)			8,276		(1,854 )

TOTAL ASSETS LESS CURRENT LIABILITIES			18,497		873

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,953 )		(682 )

NET ASSETS			13,544		191

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			13,444		91

SHAREHOLDERS' FUNDS			13,544		191

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Millennium Videographics Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Nicholas Marsh

Director

04/03/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Millennium Videographics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03597321 . The registered office is 39 The Metro Centre, Tolpits Lane, Watford, Hertfordshire, WD18 9SB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	Reducing balance 25%
Computer Equipment	Straight line over 4 years

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 10)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 August 2024	-	16,953	16,953
Additions	9,700	299	9,999
Disposals	-	(10,336 )	(10,336 )

As at 31 July 2025	9,700	6,916	16,616

...CONTINUED

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Millennium Videographics Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024	-	14,226	14,226
Provided during the period	606	1,899	2,505
Disposals	-	(10,336 )	(10,336 )

As at 31 July 2025	606	5,789	6,395

Net Book Value
As at 31 July 2025	9,094	1,127	10,221

As at 1 August 2024	-	2,727	2,727

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	165,739	167,093
Amounts owed by participating interests	1,865	-
Other debtors	24,408	25,670

	192,012	192,763

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,749	3,298
Bank loans and overdrafts	-	6,547
Other creditors	95,130	87,493
Taxation and social security	101,936	107,709

	204,815	205,047

7. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £2,043 (2024: £3,543 ) were due to the fund. They are included in Other Creditors.

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mr Nicholas Marsh	25,670	-	10,357	-	15,313

The above loan is unsecured, interest free and is repayable on demand.

9. Related Party Transactions

During the financial year the company declared and paid dividends of £78,808 (2024: £77,500) to NS&M Limited, its parent undertaking.

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