Registered Number 06091338

MK MILLENNIUM LIMITED

Abbreviated Accounts

31 March 2015

MK MILLENNIUM LIMITED Registered Number 06091338

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 113,051 8,530
113,051 8,530
Current assets
Debtors 47,541 50,933
Cash at bank and in hand 11,415 30,054
58,956 80,987
Creditors: amounts falling due within one year (49,699 ) (42,719 )
Net current assets (liabilities) 9,257 38,268
Total assets less current liabilities 122,308 46,798
Creditors: amounts falling due after more than one year (58,817 ) 0
Total net assets (liabilities) 63,491 46,798
Capital and reserves
Called up share capital 3 1,000 1,000
Profit and loss account 62,491 45,798
Shareholders' funds 63,491 46,798

  • For the year ending 31 March 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 December 2015

And signed on their behalf by:
Mr M T Kruth, Director
Mr J B Kruth, Director

MK MILLENNIUM LIMITED Registered Number 06091338

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1 Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the period and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 1/3 straight line
Motor vehicles - 25% reducing balance
Plant and machinery - 15% reducing balance
Land and buildings - 2% straight line

2 Tangible fixed assets
£
Cost
At 1 April 2014 31,303
Additions 108,731
Disposals -
Revaluations -
Transfers -
At 31 March 2015 140,034
Depreciation
At 1 April 2014 22,773
Charge for the year 4,210
On disposals -
At 31 March 2015 26,983
Net book values
At 31 March 2015 113,051
At 31 March 2014 8,530
3 Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1,000 Ordinary shares of £1 each 1,000 1,000

4 Transactions with directors

Name of director receiving advance or credit: Mr M T Kruth
Description of the transaction: Various
Balance at 1 April 2014: £ 50,933
Advances or credits made: -
Advances or credits repaid: £ 33,753
Balance at 31 March 2015: £ 17,180

Name of director receiving advance or credit: Mr J B Kruth
Description of the transaction: Various
Balance at 1 April 2014: -
Advances or credits made: £ 17,179
Advances or credits repaid: -
Balance at 31 March 2015: £ 17,179