1 April 2022 false No description of principal activity Taxfiler 2023.10 NI043770business:PrivateLimitedCompanyLtd2022-04-012023-03-31 NI0437702022-03-31 NI0437702022-04-012023-03-31 NI043770business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 NI043770business:AbridgedAccounts2022-04-012023-03-31 NI0437702023-03-31 NI043770business:Director12022-04-012023-03-31 NI043770business:RegisteredOffice2022-04-012023-03-31 NI0437702022-03-31 NI043770core:WithinOneYear2023-03-31 NI043770core:WithinOneYear2022-03-31 NI043770core:AfterOneYear2023-03-31 NI043770core:AfterOneYear2022-03-31 NI043770core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 NI043770core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 NI043770core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 NI043770core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 NI043770core:PreviouslyStatedAmount2023-03-31 NI043770core:PreviouslyStatedAmount2022-03-31 NI043770business:SmallEntities2022-04-012023-03-31 NI043770countries:NorthernIreland2022-04-012023-03-31 NI043770core:PlantMachinery2022-04-012023-03-31 NI0437702021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. NI043770 (Northern Ireland)
MML Contracts Ltd Unaudited accounts for the year ended 31 March 2023
MML Contracts Ltd Unaudited accounts Contents
Page
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MML Contracts Ltd Company Information for the year ended 31 March 2023
Director
Mark McLaughlin
Company Number
NI043770 (Northern Ireland)
Registered Office
60 Chapel Rod Ballyholland Newry BT34 2QE
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MML Contracts Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
175,761 
131,145 
Current assets
Debtors
14,554 
16,295 
Cash at bank and in hand
37,927 
33,079 
52,481 
49,374 
Creditors: amounts falling due within one year
(50,481)
(39,110)
Net current assets
2,000 
10,264 
Total assets less current liabilities
177,761 
141,409 
Creditors: amounts falling due after more than one year
(67,263)
(40,000)
Net assets
110,498 
101,409 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
110,497 
101,408 
Shareholders' funds
110,498 
101,409 
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 November 2023 and were signed on its behalf by
Mark McLaughlin Director Company Registration No. NI043770
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MML Contracts Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
MML Contracts Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI043770. The registered office is 60 Chapel Rod, Ballyholland, Newry, BT34 2QE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
335,418 
Additions
98,692 
Disposals
(28,000)
At 31 March 2023
406,110 
Depreciation
At 1 April 2022
204,273 
Charge for the year
30,276 
On disposals
(4,200)
At 31 March 2023
230,349 
Net book value
At 31 March 2023
175,761 
At 31 March 2022
131,145 
5
Average number of employees
During the year the average number of employees was 4 (2022: 3).
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