M & M TURNED PARTS LIMITED

Company Registration Number:
06518460 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

M & M TURNED PARTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

M & M TURNED PARTS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 458,955 301,395
Total fixed assets: 458,955 301,395
Current assets
Debtors: 4 256,283 300,492
Cash at bank and in hand: 642,323 612,204
Total current assets: 898,606 912,696
Creditors: amounts falling due within one year:   (483,109) (458,315)
Net current assets (liabilities): 415,497 454,381
Total assets less current liabilities: 874,452 755,776
Creditors: amounts falling due after more than one year: 5 (64,677) (56,314)
Provision for liabilities: (65,068) (44,112)
Total net assets (liabilities): 744,707 655,350
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 744,705 655,348
Shareholders funds: 744,707 655,350

The notes form part of these financial statements

M & M TURNED PARTS LIMITED

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

This report was approved by the board of directors on 11 December 2023
and signed on behalf of the board by:

Name: Edward G Moss
Status: Director

The notes form part of these financial statements

M & M TURNED PARTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

M & M TURNED PARTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

M & M TURNED PARTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 816,961
Additions 335,883
Disposals (59,873)
At 31 March 2023 1,092,971
Depreciation
At 01 April 2022 515,566
Charge for year 140,003
On disposals (21,553)
At 31 March 2023 634,016
Net book value
At 31 March 2023 458,955
At 31 March 2022 301,395

M & M TURNED PARTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 4,798 3,325

M & M TURNED PARTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due after more than one year note

Obligations under finance lease and hire purchase contract £64,677 (2022 = £56,314).