Company Registration No. 05120296 (England and Wales)
MVMRS Limited
Unaudited accounts
for the year ended 31 May 2023
MVMRS Limited
Unaudited accounts
Contents
MVMRS Limited
Company Information
for the year ended 31 May 2023
Company Number
05120296 (England and Wales)
Registered Office
3 Fairway
Sawbridgeworth
Essex
CM21 9NH
United Kingdom
Accountants
Geppert & Co
PO Box 9938
Epping
Essex
CM16 9BF
MVMRS Limited
Statement of financial position
as at 31 May 2023
Tangible assets
9,533
11,780
Cash at bank and in hand
122,646
122,921
Creditors: amounts falling due within one year
(7,915)
(14,681)
Net current assets
162,886
157,933
Net assets
172,419
169,713
Called up share capital
100
100
Profit and loss account
172,319
169,613
Shareholders' funds
172,419
169,713
For the year ending 31 May 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.
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 5 February 2024 and were signed on its behalf by
Paul Brown
Director
Company Registration No. 05120296
MVMRS Limited
Notes to the Accounts
for the year ended 31 May 2023
MVMRS Limited is a private company, limited by shares, registered in England and Wales, registration number 05120296. The registered office is 3 Fairway, Sawbridgeworth, Essex, CM21 9NH, United Kingdom.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2022
23,265
43,297
66,562
At 31 May 2023
23,265
43,297
66,562
At 1 June 2022
22,287
32,495
54,782
Charge for the year
147
2,100
2,247
At 31 May 2023
22,434
34,595
57,029
At 31 May 2023
831
8,702
9,533
At 31 May 2022
978
10,802
11,780
MVMRS Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Deferred tax asset
12,312
12,312
Other debtors
28,292
28,295
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,189
6,738
Taxes and social security
6,041
6,835
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2022: 1).