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Company Registration No. 10453481 (England and Wales)
MMM PROPERTIES LTD Unaudited accounts for the year ended 31 October 2023
MMM PROPERTIES LTD Unaudited accounts Contents
Page
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MMM PROPERTIES LTD Company Information for the year ended 31 October 2023
Director
Mudassar Hussain
Company Number
10453481 (England and Wales)
Registered Office
23-27 KING STREET LUTON LU1 2DW ENGLAND
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MMM PROPERTIES LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
664 
664 
Investment property
327,305 
327,305 
327,969 
327,969 
Current assets
Debtors
57,990 
56,068 
Cash at bank and in hand
869 
3,116 
58,859 
59,184 
Net current assets
58,859 
59,184 
Total assets less current liabilities
386,828 
387,153 
Creditors: amounts falling due after more than one year
(377,791)
(377,791)
Net assets
9,037 
9,362 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,937 
9,262 
Shareholders' funds
9,037 
9,362 
For the year ending 31 October 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 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 October 2024 and were signed on its behalf by
Mudassar Hussain Director Company Registration No. 10453481
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MMM PROPERTIES LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
MMM PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 10453481. The registered office is 23-27 KING STREET, LUTON, LU1 2DW, 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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
429 
470 
1,199 
2,098 
At 31 October 2023
429 
470 
1,199 
2,098 
Depreciation
At 1 November 2022
- 
235 
1,199 
1,434 
At 31 October 2023
- 
235 
1,199 
1,434 
Net book value
At 31 October 2023
429 
235 
- 
664 
At 31 October 2022
429 
235 
- 
664 
5
Investment property
2023 
£ 
Fair value at 1 November 2022
327,305 
At 31 October 2023
327,305 
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MMM PROPERTIES LTD Notes to the Accounts for the year ended 31 October 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
56,068 
56,068 
Amounts falling due after more than one year
Other debtors
1,922 
- 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
328,200 
328,200 
Other creditors
49,591 
49,591 
377,791 
377,791 
other creditors are fully associated with directors loans
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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