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REGISTERED NUMBER: 01558593 (England and Wales)








Unaudited Financial Statements

for the Year Ended 30 April 2024

for

M M C (Europe) Limited

M M C (Europe) Limited (Registered number: 01558593)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M M C (Europe) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P S Makepeace
Mrs E Makepeace
W Henry





REGISTERED OFFICE: South Nelson Road
South Nelson Industrial Estate
Cramlington
Northumberland
NE23 1WF





REGISTERED NUMBER: 01558593 (England and Wales)





ACCOUNTANTS: Inspire Chartered Accountants
6 Queens Court
Third Avenue
Team Valley
Gateshead
Tyne and Wear
NE11 0BU

M M C (Europe) Limited (Registered number: 01558593)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 101,465 104,438

CURRENT ASSETS
Stocks 789,317 752,324
Debtors 6 600,777 699,696
Cash at bank and in hand 1,059,548 1,000,143
2,449,642 2,452,163
CREDITORS
Amounts falling due within one year 7 920,983 973,613
NET CURRENT ASSETS 1,528,659 1,478,550
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,630,124

1,582,988

PROVISIONS FOR LIABILITIES 892 1,042
NET ASSETS 1,629,232 1,581,946

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 1,619,232 1,571,946
1,629,232 1,581,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 C (Europe) Limited (Registered number: 01558593)

Balance Sheet - continued
30 April 2024


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 2 July 2024 and were signed on its behalf by:





P S Makepeace - Director


M M C (Europe) Limited (Registered number: 01558593)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

M M C (Europe) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 - 15% on reducing balance and 2% on reducing balance

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

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

M M C (Europe) Limited (Registered number: 01558593)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 293,101
DEPRECIATION
At 1 May 2023 188,663
Charge for year 2,973
At 30 April 2024 191,636
NET BOOK VALUE
At 30 April 2024 101,465
At 30 April 2023 104,438

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 593,486 691,933
Other debtors 7,291 7,763
600,777 699,696

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 258,144 323,963
Taxation and social security 121,951 92,737
Other creditors 540,888 556,913
920,983 973,613