2022-02-01 04578823 2023-01-31 04578823 2022-02-01 2023-01-31 04578823 2022-01-31 04578823 2021-02-01 2022-01-31 04578823 uk-core:WithinOneYear 2022-01-31 04578823 uk-core:WithinOneYear 2023-01-31 04578823 uk-core:AfterOneYear 2022-01-31 04578823 uk-core:AfterOneYear 2023-01-31 04578823 uk-core:ShareCapital 2023-01-31 04578823 uk-core:ShareCapital 2022-01-31 04578823 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 04578823 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 04578823 uk-bus:Director1 2022-02-01 2023-01-31 04578823 uk-core:PlantMachinery 2022-02-01 2023-01-31 04578823 uk-core:CommercialMotorVehicles 2022-02-01 2023-01-31 04578823 uk-core:CommercialMotorVehicles 2022-01-31 04578823 uk-core:PlantMachinery 2022-01-31 04578823 uk-core:PlantMachinery 2023-01-31 04578823 uk-core:CommercialMotorVehicles 2023-01-31 iso4217:GBP xbrli:pure 04578823 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 04578823 uk-bus:FRS102 2022-02-01 2023-01-31 04578823 uk-bus:FullAccounts 2022-02-01 2023-01-31 04578823 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
M M Developers Limited
Registered Number:04578823
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
M M Developers Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04578823
As at 31 January 2023
M M Developers Limited
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
Inventories
853,000
1,315,000
3
Trade and other receivables
3,083
1,970
4
85,957
Cash and cash equivalents
232,193
1,549,163
942,040
Trade and other payables: amounts falling due within one
year
(20,651)
(320,620)
5
921,389
1,228,543
Net current assets
Total assets less current liabilities
1,228,543
921,389
Trade and other payables: amounts falling due after more
than one year
-
(311,205)
6
917,338
Net assets
921,389
Capital and reserves
Called up share capital
2
2
Retained earnings
917,336
921,387
917,338
921,389
Shareholders' funds
For the year ended 31 January 2023 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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
Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Matthew Scott Miller Director
These financial statements were approved and authorised for issue by the Board on 26 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2023
M M Developers Limited
Notes to the Financial Statements
Statutory Information
M M Developers Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04578823.
Principal place of business:
Lacies Farm, 34 Coton Road
Grantchester
Cambs
CB3 9NT
Registered address:
2 Chapel Close
Empingham
Oakham
England
LE15 8BX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, 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 cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20 Straight line
20 Straight line
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Total
Motor Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 February 2022
33,096
24,937
8,159
At 31 January 2023
8,159
24,937
33,096
Provision for depreciation and impairment
At 01 February 2022
33,096
24,937
8,159
At 31 January 2023
33,096
24,937
8,159
At 31 January 2023
Net book value
-
-
-
At 31 January 2022
-
-
-
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5
For the year ended 31 January 2023
M M Developers Limited
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
1,315,000
853,000
4. Trade and other receivables
2022
2023
£
£
Trade debtors
1,970
3,083
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
320,620
20,651
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
311,205
-
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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