Registered number: 03438657 | ||||||||
FOR THE YEAR ENDED 31 DECEMBER 2023 | ||||||||
Prepared By: | ||||||||
K P Tanner Partnership | ||||||||
Accountants | ||||||||
The Offices | ||||||||
Grange Cottage | ||||||||
Nantyderry | ||||||||
Monmouthshire | ||||||||
NP7 9DF |
MMP PRODUCTIONS LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 DECEMBER 2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
East Sussex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 03438657 | ||||||||
ACCOUNTANTS | ||||||||
K P Tanner Partnership | ||||||||
Accountants | ||||||||
The Offices | ||||||||
Grange Cottage | ||||||||
Nantyderry | ||||||||
Monmouthshire | ||||||||
NP7 9DF |
MMP PRODUCTIONS LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 DECEMBER 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Strategic Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
MMP PRODUCTIONS LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
522,259 | 356,656 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 209,123 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 84 | 28,219 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Capital redemption reserve | 8 | |||||||||
Profit and loss account | 336,208 | 222,970 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
D Rodgers | ||||||||||
Director | ||||||||||
MMP PRODUCTIONS LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 15% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. TANGIBLE FIXED ASSETS | ||||||
Plant and | Commercial | |||||
Machinery | Vehicles | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 January 2023 | 244,719 | 75,126 | 319,845 | |||
At 31 December 2023 | 244,719 | 75,126 | 319,845 | |||
Depreciation | ||||||
At 1 January 2023 | 209,624 | 67,651 | 277,275 | |||
For the year | 5,264 | 1,869 | 7,133 | |||
At 31 December 2023 | 214,888 | 69,520 | 284,408 | |||
Net Book Amounts | ||||||
At 31 December 2023 | 29,831 | 5,606 | 35,437 | |||
At 31 December 2022 | 35,095 | 7,475 | 42,570 | |||
MMP PRODUCTIONS LIMITED | ||||||||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 78,596 | 105,233 | ||||||
S455 Tax | - | 8,122 | ||||||
78,596 | 113,355 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 60,312 | 36,908 | ||||||
VAT | 116,952 | 70,335 | ||||||
Directors current account | 8,787 | 13,828 | ||||||
Bank loans and overdrafts | 4,119 | - | ||||||
Bank Loan | 29,215 | 10,776 | ||||||
Trade creditors | 179 | - | ||||||
Redeemable Shares within one year | 253 | 490 | ||||||
Pension schemes | 587 | 348 | ||||||
Accruals | - | 14,848 | ||||||
220,404 | 147,533 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | - | 28,214 | ||||||
Redeemable shares > 1yr | 84 | 5 | ||||||
84 | 28,219 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 5 | |||||
MMP PRODUCTIONS LIMITED | ||||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
500 | 500 | |||||||
8 | 8 | |||||||
508 | 8 | |||||||
8. OTHER RESERVES | 2023 | 2022 | ||||
£ | £ | |||||
Capital redemption reserve | 492 | 497 | ||||
492 | 497 | |||||