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Company Registration No. 11221305 (England and Wales)
HOME MMI LIMITED Unaudited accounts for the year ended 29 February 2024
HOME MMI LIMITED Unaudited accounts Contents
Page
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HOME MMI LIMITED Company Information for the year ended 29 February 2024
Director
Kieran Soulsby
Company Number
11221305 (England and Wales)
Registered Office
29 KIELDER ROAD LEMINGTON NE15 8BN UNITED KINGDOM
Accountants
Genesis Accountants G21 Amber Court William Armstrong Drive Newcastle Upon Tyne NE4 7YA
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HOME MMI LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,448 
4,265 
Current assets
Debtors
4,302 
11,628 
Cash at bank and in hand
3,301 
6,089 
7,603 
17,717 
Creditors: amounts falling due within one year
(32,352)
(16,163)
Net current (liabilities)/assets
(24,749)
1,554 
Total assets less current liabilities
(21,301)
5,819 
Creditors: amounts falling due after more than one year
(3,680)
(6,533)
Net liabilities
(24,981)
(714)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(24,982)
(715)
Shareholders' funds
(24,981)
(714)
For the year ending 29 February 2024 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 director acknowledges his 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 and authorised for issue on 31 July 2024 and were signed on its behalf by
Kieran Soulsby Director Company Registration No. 11221305
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HOME MMI LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
HOME MMI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11221305. The registered office is 29 KIELDER ROAD, LEMINGTON, NE15 8BN, UNITED KINGDOM.
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
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
2,911 
2,750 
5,661 
At 29 February 2024
2,911 
2,750 
5,661 
Depreciation
At 1 March 2023
1,121 
275 
1,396 
Charge for the year
322 
495 
817 
At 29 February 2024
1,443 
770 
2,213 
Net book value
At 29 February 2024
1,468 
1,980 
3,448 
At 28 February 2023
1,790 
2,475 
4,265 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,565 
(69)
Trade debtors
1,737 
11,697 
4,302 
11,628 
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HOME MMI LIMITED Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,171 
3,284 
VAT
2,853 
2,460 
Trade creditors
1,776 
3,313 
Taxes and social security
12,778 
(5,568)
Other creditors
- 
111 
Loans from directors
11,774 
12,563 
32,352 
16,163 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,680 
6,533 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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