MM GROCERY LTD

Company Registration Number:
12036149 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2021

Period of accounts

Start date: 1 July 2020

End date: 30 June 2021

MM GROCERY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2021

Directors report
Balance sheet
Additional notes
Balance sheet notes

MM GROCERY LTD

Directors' report period ended 30 June 2021

The directors present their report with the financial statements of the company for the period ended 30 June 2021

Directors

The director shown below has held office during the whole of the period from
1 July 2020 to 30 June 2021

Amedeo Claris-Delmedico


The director shown below has held office during the period of
15 August 2020 to 30 June 2021

Andrea Rasca


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
14 August 2022

And signed on behalf of the board by:
Name: Andrea Rasca
Status: Director

MM GROCERY LTD

Balance sheet

As at 30 June 2021

Notes 2021 13 months to 30 June 2020


£

£
Fixed assets
Tangible assets: 3 39,438 40,235
Total fixed assets: 39,438 40,235
Current assets
Debtors: 4 253,979 16,971
Cash at bank and in hand: 20,723 17,385
Total current assets: 274,702 34,356
Creditors: amounts falling due within one year: 5 ( 907,398 ) ( 625,355 )
Net current assets (liabilities): (632,696) (590,999)
Total assets less current liabilities: (593,258) ( 550,764)
Total net assets (liabilities): (593,258) (550,764)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (593,358 ) (550,864 )
Total Shareholders' funds: ( 593,258 ) (550,764)

The notes form part of these financial statements

MM GROCERY LTD

Balance sheet statements

For the year ending 30 June 2021 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 14 August 2022
and signed on behalf of the board by:

Name: Andrea Rasca
Status: Director

The notes form part of these financial statements

MM GROCERY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the costor valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant and Machinery 20% Reducing BalanceFixtures and Fittings 20% Reducing BalanceComputer Equipment 20% Reducing Balance

MM GROCERY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

  • 2. Employees

    2021 13 months to 30 June 2020
    Average number of employees during the period 20 20

MM GROCERY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2020 9,294 30,189 9,456 782 49,721
Additions 3,217 1,325 797 5,339
Disposals
Revaluations
Transfers
At 30 June 2021 9,294 33,406 10,781 1,579 55,060
Depreciation
At 1 July 2020 1,549 6,038 1,769 130 9,486
Charge for year 5,474 1,900 311 7,685
On disposals
Other adjustments 1,549 1,549
At 30 June 2021 0 11,512 3,669 441 15,622
Net book value
At 30 June 2021 9,294 21,894 7,112 1,138 39,438
At 30 June 2020 7,745 24,151 7,687 652 40,235

MM GROCERY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

4. Debtors

2021 13 months to 30 June 2020
£ £
Trade debtors 249,524 16,971
Other debtors 4,455 0
Total 253,979 16,971

MM GROCERY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2021

5. Creditors: amounts falling due within one year note

2021 13 months to 30 June 2020
£ £
Bank loans and overdrafts 413,824 370,900
Trade creditors 236,085 158,665
Taxation and social security 255,694 51,766
Accruals and deferred income 1,795 44,023
Other creditors 1
Total 907,398 625,355