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REGISTERED NUMBER: 04849823 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

M69 LIMITED

M69 LIMITED (REGISTERED NUMBER: 04849823)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


M69 LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2023







DIRECTORS: A D Beale
Mrs L D Beale





REGISTERED OFFICE: Bank Gallery
13 High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 04849823 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

M69 LIMITED (REGISTERED NUMBER: 04849823)

STATEMENT OF FINANCIAL POSITION
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,423 2,336

CURRENT ASSETS
Debtors 5 6,290 7,129
Cash at bank and in hand 96,209 76,805
102,499 83,934
CREDITORS
Amounts falling due within one year 6 18,826 15,674
NET CURRENT ASSETS 83,673 68,260
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,096

70,596

PROVISIONS FOR LIABILITIES 7,110 444
NET ASSETS 113,986 70,152

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 113,886 70,052
SHAREHOLDERS' FUNDS 113,986 70,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

M69 LIMITED (REGISTERED NUMBER: 04849823)

STATEMENT OF FINANCIAL POSITION - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 January 2024 and were signed on its behalf by:





A D Beale - Director


M69 LIMITED (REGISTERED NUMBER: 04849823)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

M69 Limited 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.
Plant and machinery etc - 25% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2022 - 2 ) .

M69 LIMITED (REGISTERED NUMBER: 04849823)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 16,902
Additions 44,914
At 31 July 2023 61,816
DEPRECIATION
At 1 August 2022 14,566
Charge for year 9,827
At 31 July 2023 24,393
NET BOOK VALUE
At 31 July 2023 37,423
At 31 July 2022 2,336

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,290 7,129

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 89 481
Taxation and social security 16,542 12,131
Other creditors 2,195 3,062
18,826 15,674

7. RELATED PARTY DISCLOSURES

At 31 July 2023 other creditors included loans made to the company by the directors of £1,198 (2022: £951). The loans are interest free and have no fixed date for repayment.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A D Beale.