Millennial 20 20 Limited - Abbreviated accounts

Registered number

09503120

Millennial 20 20 Limited

Abbreviated Accounts

31 December 2015

Millennial 20 20 Limited
Registered number:		09503120
Abbreviated Balance Sheet
as at 31 December 2015

Notes			2015
£
Fixed assets
Tangible assets	2		1,640

Current assets
Debtors		92,882
Cash at bank and in hand		35,253
		128,135

Creditors: amounts falling due within one year		(137,587)

Net current liabilities			(9,452)

Net liabilities			(7,812)

Capital and reserves
Called up share capital	3		300
Profit and loss account			(8,112)

Shareholders' funds			(7,812)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Rupa Ganatra
Director
Approved by the board on 23 November 2016

Millennial 20 20 Limited
Notes to the Abbreviated Accounts
for the period ended 31 December 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective 1/1/2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			18% on written down value

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	Additions					2,000
	At 31 December 2015					2,000

	Depreciation
	Charge for the period					360
	At 31 December 2015					360

	Net book value
	At 31 December 2015					1,640


3	Share capital	Nominal		2015		2015
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		300		300

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		300		300