Millimetre Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05881423 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2024 TO 30 APRIL 2026

FOR

MILLIMETRE LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

5

201,342

277,008

CURRENT ASSETS

Debtors

6

500,581

668,101

Cash at bank and in hand

147,909

243,227

648,490

911,328

CREDITORS

Amounts falling due within one year

7

202,504

456,471

NET CURRENT ASSETS

445,986

454,857

TOTAL ASSETS LESS CURRENT
LIABILITIES

647,328

731,865

CREDITORS

Amounts falling due after more than
one year

8

(3,130

)

(34,106

)

PROVISIONS FOR LIABILITIES

11

(50,335

)

(69,252

)

NET ASSETS

593,863

628,507

CAPITAL AND RESERVES

Called up share capital

12

9

Retained earnings

593,854

628,498

SHAREHOLDERS' FUNDS

593,863

628,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2026 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2026 and were signed on its behalf by:

Mr R I Clarke - Director

1.	STATUTORY INFORMATION

Millimetre Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05881423

Registered office:

Unit 5

57 North Street

Portslade

Brighton

BN41 1DH

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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 period 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 27 (2024 - 26 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 November 2024

628,944

10,143

111,452

750,539

Additions

37,071

3,226

-

40,297

Disposals

-

(31,995

)

(31,995

)

At 30 April 2026

666,015

13,369

79,457

758,841

DEPRECIATION

At 1 November 2024

394,670

5,891

72,970

473,531

Charge for period

98,338

2,268

14,362

114,968

Eliminated on disposal

-

(31,000

)

(31,000

)

At 30 April 2026

493,008

8,159

56,332

557,499

NET BOOK VALUE

At 30 April 2026

173,007

5,210

23,125

201,342

At 31 October 2024

234,274

4,252

38,482

277,008

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

COST

Reclassification/transfer

85,000

29,999

114,999

At 30 April 2026

85,000

29,999

114,999

DEPRECIATION

Charge for period

27,137

10,880

38,017

Reclassification/transfer

12,634

986

13,620

At 30 April 2026

39,771

11,866

51,637

NET BOOK VALUE

At 30 April 2026

45,229

18,133

63,362

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

Trade debtors

262,753

623,151

Amounts receivable on contracts

117,500

-

Other debtors

5,651

12,325

Tax

44,718

-

Prepayments and accrued income

69,959

32,625

500,581

668,101

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

Bank loans and overdrafts

5,288

9,992

Hire purchase contracts (see note 9)

6,969

49,130

Trade creditors

57,182

40,341

Corporation tax

-

40,196

PAYE and social security

23,197

20,571

VAT

62,632

65,036

Other creditors

-

31,143

Pension fund

11,575

14,562

Directors' current accounts

31,965

20,000

Accrued expenses

3,696

5,500

Deferred income

-

160,000

202,504

456,471

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2026

2024

£

Bank loans - 1-2 years

-

9,992

Bank loans - 2-5 years

-

772

Hire purchase contracts (see note 9)

3,130

23,342

3,130

34,106

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2024

£

Net obligations repayable:

Within one year

6,969

49,130

Between one and five years

3,130

23,342

10,099

72,472

Non-cancellable

operating leases

2026

2024

£

Within one year

19,511

54,981

Between one and five years

7,057

26,568

81,549

10.	SECURED DEBTS

There are fixed and floating charges over the assets and undertakings of the company.

11.	PROVISIONS FOR LIABILITIES

2026

2024

£

Deferred tax

50,335

69,252

Deferred tax

£

Balance at 1 November 2024

69,252

Provided during period

(18,917

)

Balance at 30 April 2026

50,335

12.	CALLED UP SHARE CAPITAL

Number:

Class

Nominal Value:

2025

2024

£

250

A Ordinary

£0.01

2.50

250

B Ordinary

£0.01

2.50

250

C Ordinary

£0.01

2.50

50

D Ordinary

£0.01

0.50

50

E Ordinary

£0.01

0.50

50

F Ordinary

£0.01

0.50

9.00