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REGISTERED NUMBER: 05129367 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 31 May 2024

for

M M Artists Limited

M M Artists Limited (Registered number: 05129367)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


M M Artists Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: N Grace





REGISTERED OFFICE: 20 Petersham Road
Richmond
TW10 6UR





REGISTERED NUMBER: 05129367 (England and Wales)





ACCOUNTANTS: Reed Accounts & Tax Limited
Chartered Accountant
Hallings Hatch
Parkgate Road
Dorking
Surrey
RH5 5DY

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
M M Artists Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M M Artists Limited for the year ended 31 May 2024 which comprise the Abridged Income Statement, Other Comprehensive Income, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of M M Artists Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M M Artists Limited and state those matters that we have agreed to state to the director of M M Artists Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M M Artists Limited and its director for our work or for this report.

It is your duty to ensure that M M Artists Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M M Artists Limited. You consider that M M Artists 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 financial statements of M M Artists 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 financial statements.






Reed Accounts & Tax Limited
Chartered Accountant
Hallings Hatch
Parkgate Road
Dorking
Surrey
RH5 5DY


8 August 2024

M M Artists Limited (Registered number: 05129367)

Abridged Balance Sheet
31 May 2024

31.5.24 31.5.23
£    £   
CURRENT ASSETS
Debtors 41,136 9,889
Cash at bank 286,664 556,298
327,800 566,187
CREDITORS
Amounts falling due within one year 323,049 561,436
NET CURRENT ASSETS 4,751 4,751
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,751

4,751

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,749 4,749
SHAREHOLDERS' FUNDS 4,751 4,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Artists Limited (Registered number: 05129367)

Abridged Balance Sheet - continued
31 May 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 8 August 2024 and were signed by:





N Grace - Director


M M Artists Limited (Registered number: 05129367)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

M M Artists 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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 37 (2023 - 37 ) .

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year there were no transactions with the director. At the balance sheet date there is a balance due to the director of £98.

M M Artists Limited (Registered number: 05129367)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. RELATED PARTY DISCLOSURES

Creditors include a balance of £108 due to related parties (2023 £108).

6. ULTIMATE CONTROLLING PARTY

The controlling party is N Grace.

The ultimate controlling party is N Grace.