Acorah Software Products - Accounts Production 19.2.450 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 04380903 S Chandarana N Chandarana S K Chandarana S Chandarana iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04380903 2024-06-30 04380903 2025-06-30 04380903 2024-07-01 2025-06-30 04380903 frs-core:CurrentFinancialInstruments 2025-06-30 04380903 frs-core:Non-currentFinancialInstruments 2025-06-30 04380903 frs-core:OtherReservesSubtotal 2025-06-30 04380903 frs-core:ShareCapital 2025-06-30 04380903 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 04380903 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 04380903 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 04380903 frs-bus:SmallEntities 2024-07-01 2025-06-30 04380903 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 04380903 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 04380903 frs-bus:Director1 2024-07-01 2025-06-30 04380903 frs-bus:Director1 2024-06-30 04380903 frs-bus:Director1 2025-06-30 04380903 frs-bus:Director2 2024-07-01 2025-06-30 04380903 frs-bus:Director3 2024-07-01 2025-06-30 04380903 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 04380903 frs-countries:EnglandWales 2024-07-01 2025-06-30 04380903 2023-06-30 04380903 2024-06-30 04380903 2023-07-01 2024-06-30 04380903 frs-core:CurrentFinancialInstruments 2024-06-30 04380903 frs-core:Non-currentFinancialInstruments 2024-06-30 04380903 frs-core:OtherReservesSubtotal 2024-06-30 04380903 frs-core:ShareCapital 2024-06-30 04380903 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 04380903
Milyon Limited
Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04380903
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,275,713 1,275,713
1,275,713 1,275,713
CURRENT ASSETS
Debtors 5 2,516 15,967
Cash at bank and in hand 18,729 27
21,245 15,994
Creditors: Amounts Falling Due Within One Year 6 (346,751 ) (321,612 )
NET CURRENT ASSETS (LIABILITIES) (325,506 ) (305,618 )
TOTAL ASSETS LESS CURRENT LIABILITIES 950,207 970,095
Creditors: Amounts Falling Due After More Than One Year 7 (270,498 ) (298,047 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (57,956 ) (57,956 )
NET ASSETS 621,753 614,092
CAPITAL AND RESERVES
Called up share capital 9 100 100
Non distributable reserves 247,074 247,074
Profit and Loss Account 374,579 366,918
SHAREHOLDERS' FUNDS 621,753 614,092
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 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
S Chandarana
Director
15th June 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Milyon Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04380903 . The registered office is 29 Powys Avenue, Oadby, Leicester, Leicestershire, LE2 2DQ.
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 comprises rental income and other recoveries from tenants of the company’s investment properties, net of value added tax, rebates, and discounts. Rental income is recognised on an accruals basis in the period in which it is earned, in accordance with the terms of the lease.
Turnover also includes income earned from the provision of dental services by an associate dentist. Such income is recognised when the services are provided, and it is probable that the economic benefits will flow to the company. Turnover is stated exclusive of VAT, where applicable.
2.3. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. No depreciation is provided for. Deferred taxation is provided on surplus at the rate expected to apply when the property is sold.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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 is recognised on 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 
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2.6. Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Income Statement over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date
2.7. Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: NIL)
2 -
4. Investment Property
2025
£
Fair Value
As at 1 July 2024 and 30 June 2025 1,275,713
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 970,684 970,684
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,516 14,075
Prepayments and accrued income - 1,892
2,516 15,967
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,284 3,450
Other creditors 286,728 288,296
Taxation and social security 55,739 29,866
346,751 321,612
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 270,498 298,047
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 267,457 291,641
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the current and prior periods:
As at 1 July 2024 Amounts advanced Amounts repaid Amounts written off As at 30 June 2025
£ £ £ £ £
Dr Sanjay Chandarana (279,607 ) 70,272 (74,513 ) - (283,848 )
The above loan is unsecured, interest free and repayable on demand.
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