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Company Registration No. 10697877 (England and Wales)
MMR Fixings Limited Unaudited accounts for the year ended 31 December 2023
MMR Fixings Limited Unaudited accounts Contents
Page
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MMR Fixings Limited Company Information for the year ended 31 December 2023
Directors
Mrs L. King Mr W. King Mrs A.C. Rafferty Mr F. Rafferty
Company Number
10697877 (England and Wales)
Registered Office
Ivy House Liverpool Street Salford M5 4LY England
Accountants
Accology Limited Bolton Arena Arena Approach Horwich Lancashire BL6 6LB
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MMR Fixings Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
183,106 
166,758 
Current assets
Inventories
172,651 
176,816 
Debtors
349,205 
434,521 
Cash at bank and in hand
195,436 
95,513 
717,292 
706,850 
Creditors: amounts falling due within one year
(490,423)
(506,596)
Net current assets
226,869 
200,254 
Total assets less current liabilities
409,975 
367,012 
Creditors: amounts falling due after more than one year
(80,966)
(88,603)
Net assets
329,009 
278,409 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
328,989 
278,389 
Shareholders' funds
329,009 
278,409 
For the year ending 31 December 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 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 18 January 2024 and were signed on its behalf by
Mr W. King Director Company Registration No. 10697877
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MMR Fixings Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
MMR Fixings Limited is a private company, limited by shares, registered in England and Wales, registration number 10697877. The registered office is Ivy House, Liverpool Street, Salford, M5 4LY, England.
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
15% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
21,205 
164,908 
11,458 
197,571 
Additions
52,637 
117,493 
13,537 
183,667 
Disposals
- 
(141,913)
- 
(141,913)
At 31 December 2023
73,842 
140,488 
24,995 
239,325 
Depreciation
At 1 January 2023
5,257 
22,028 
3,528 
30,813 
Charge for the year
10,288 
36,832 
7,156 
54,276 
On disposals
- 
(28,870)
- 
(28,870)
At 31 December 2023
15,545 
29,990 
10,684 
56,219 
Net book value
At 31 December 2023
58,297 
110,498 
14,311 
183,106 
At 31 December 2022
15,948 
142,880 
7,930 
166,758 
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MMR Fixings Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
332,503 
427,224 
Accrued income and prepayments
6,000 
6,000 
Other debtors
10,702 
1,297 
349,205 
434,521 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
47,090 
65,956 
Obligations under finance leases and hire purchase contracts
48,905 
11,919 
Trade creditors
150,074 
213,610 
Taxes and social security
86,737 
62,681 
Other creditors
294 
- 
Loans from directors
110,259 
105,366 
Accruals
36,416 
36,416 
490,423 
506,596 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,269 
23,425 
Obligations under finance leases and hire purchase contracts
66,697 
65,178 
80,966 
88,603 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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