THE M + M PARTNERSHIP (UK) LIMITED

Company Registration Number:
04295245 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

THE M + M PARTNERSHIP (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

THE M + M PARTNERSHIP (UK) LIMITED

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,051 2,800
Total fixed assets: 1,051 2,800
Current assets
Stocks: 3,500 2,300
Debtors:   37,786 17,663
Cash at bank and in hand: 66,188 88,805
Total current assets: 107,474 108,768
Creditors: amounts falling due within one year: 4 (61,810) (68,005)
Net current assets (liabilities): 45,664 40,763
Total assets less current liabilities: 46,715 43,563
Creditors: amounts falling due after more than one year: 5 (32,038) (37,593)
Provision for liabilities: (200) (532)
Total net assets (liabilities): 14,477 5,438
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 13,477 4,438
Shareholders funds: 14,477 5,438

The notes form part of these financial statements

THE M + M PARTNERSHIP (UK) LIMITED

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 July 2024
and signed on behalf of the board by:

Name: M Elgood
Status: Director

The notes form part of these financial statements

THE M + M PARTNERSHIP (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles 25% on reducing balance Computer equipment 33% on cost

Other accounting policies

Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

THE M + M PARTNERSHIP (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

THE M + M PARTNERSHIP (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 19,745
At 30 September 2023 19,745
Depreciation
At 01 October 2022 16,945
Charge for year 1,749
At 30 September 2023 18,694
Net book value
At 30 September 2023 1,051
At 30 September 2022 2,800

THE M + M PARTNERSHIP (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Creditors: amounts falling due within one year note

The figures below are for 2023 with comparatives for 2022 Bank loans and overdrafts £5,000 £5,000 Tax £20,712 £14,610 Social security and other taxes £4,400 £2,381 VAT £0 £14,545 Other creditors £1,047 £1,047 Directors' current accounts £7,177 £4,898 Accrued expenses £23,474 £25,524 Totals for year £61,810 £68,005

THE M + M PARTNERSHIP (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due after more than one year note

The figures below are for 2023 with comparatives for 2022 Bank loans 1-2 years £5,000 £5,000 Bank loans 2-5 years £15,000 £15,000 Bank loans more than 5 yr by instal £12,038 £17,593 Totals for year £32,038 £37,593