1 November 2022 true Taxfiler 2024.4 SC349602business:PrivateLimitedCompanyLtd2022-11-012023-10-31 SC3496022022-10-31 SC349602business:EntityNoLongerTradingButTradedInPast2022-11-012023-10-31 SC3496022022-11-012023-10-31 SC349602business:AuditExemptWithAccountantsReport2022-11-012023-10-31 SC349602business:FilletedAccounts2022-11-012023-10-31 SC3496022023-10-31 SC349602business:Director12022-11-012023-10-31 SC349602business:Director22022-11-012023-10-31 SC349602business:RegisteredOffice2022-11-012023-10-31 SC3496022022-10-31 SC349602core:WithinOneYear2023-10-31 SC349602core:WithinOneYear2022-10-31 SC349602core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC349602core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 SC349602core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC349602core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 SC349602core:PreviouslyStatedAmount2023-10-31 SC349602core:PreviouslyStatedAmount2022-10-31 SC349602business:SmallEntities2022-11-012023-10-31 SC349602countries:Scotland2022-11-012023-10-31 SC349602core:PlantMachinery2022-11-012023-10-31 SC349602core:FurnitureFittings2022-10-31 SC349602core:FurnitureFittings2023-10-31 SC3496022021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC349602 (Scotland)
MMER Limited Unaudited accounts for the year ended 31 October 2023
MMER Limited Unaudited accounts Contents
Page
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MMER Limited Company Information for the year ended 31 October 2023
Directors
Ewan Ramsay Elizabeth Ramsay
Company Number
SC349602 (Scotland)
Registered Office
7 Dryburn Brae West Linton Peeblesshire EH46 7JG
Accountants
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE
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MMER Limited Accountants' report
Accountants' report to the board of directors of MMER Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MMER Limited for the year ended 31 October 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MMER Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of MMER Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MMER Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MMER Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MMER Limited. You consider that MMER Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MMER Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE 31 July 2024
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MMER Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
424 
424 
Current assets
Debtors
13,527 
13,527 
Cash at bank and in hand
514 
514 
14,041 
14,041 
Creditors: amounts falling due within one year
(12,230)
(12,230)
Net current assets
1,811 
1,811 
Net assets
2,235 
2,235 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,233 
2,233 
Shareholders' funds
2,235 
2,235 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
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 of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
Ewan Ramsay Director Company Registration No. SC349602
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MMER Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
MMER Limited is a private company, limited by shares, registered in Scotland, registration number SC349602. The registered office is 7 Dryburn Brae, West Linton, Peeblesshire, EH46 7JG.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
10,045 
At 31 October 2023
10,045 
Depreciation
At 1 November 2022
9,621 
At 31 October 2023
9,621 
Net book value
At 31 October 2023
424 
At 31 October 2022
424 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,981 
11,981 
Accrued income and prepayments
1,544 
1,544 
Other debtors
2 
2 
13,527 
13,527 
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MMER Limited Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
7,113 
7,113 
Loans from directors
690 
690 
Accruals
4,427 
4,427 
12,230 
12,230 
7
Transactions with related parties
At the end of the year the company was owed £11,981 (2020 - £11,981) by Ewan Ramsay Business Development, a business owned by director Ewan Ramsay.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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