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REGISTERED NUMBER: 07271972 (England and Wales)













M & M FIXINGS LTD.

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023






M & M FIXINGS LTD. (REGISTERED NUMBER: 07271972)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


M & M FIXINGS LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: Mr. N Murathodzic
Mr J Myers





REGISTERED OFFICE: Unit A 5
Southpoint
Foreshore Rd
Cardiff
CF10 4SP





REGISTERED NUMBER: 07271972 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

M & M FIXINGS LTD. (REGISTERED NUMBER: 07271972)

STATEMENT OF FINANCIAL POSITION
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,582 31,944

CURRENT ASSETS
Stocks 516,000 507,000
Debtors 5 517,171 585,518
Cash at bank and in hand 766,420 485,519
1,799,591 1,578,037
CREDITORS
Amounts falling due within one year 6 399,480 390,192
NET CURRENT ASSETS 1,400,111 1,187,845
TOTAL ASSETS LESS CURRENT LIABILITIES 1,422,693 1,219,789

CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Retained earnings 1,412,693 1,209,789
SHAREHOLDERS' FUNDS 1,422,693 1,219,789

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

M & M FIXINGS LTD. (REGISTERED NUMBER: 07271972)

STATEMENT OF FINANCIAL POSITION - continued
30TH NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th February 2024 and were signed on its behalf by:





Mr J Myers - Director


M & M FIXINGS LTD. (REGISTERED NUMBER: 07271972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023


1. STATUTORY INFORMATION

M & M Fixings Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Equipment - 25% straight line on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

M & M FIXINGS LTD. (REGISTERED NUMBER: 07271972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1st December 2022
and 30th November 2023 39,457 22,068 61,525
DEPRECIATION
At 1st December 2022 9,864 19,717 29,581
Charge for year 7,398 1,964 9,362
At 30th November 2023 17,262 21,681 38,943
NET BOOK VALUE
At 30th November 2023 22,195 387 22,582
At 30th November 2022 29,593 2,351 31,944

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 509,356 568,476
Other debtors 7,815 17,042
517,171 585,518

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 247,685 279,043
Taxation and social security 120,095 79,499
Other creditors 31,700 31,650
399,480 390,192

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary £1 10,000 10,000