Company Registration No. 14330425 (England and Wales)
MMFUSION LTD
Unaudited accounts
for the period from 1 October 2023 to 31 August 2024
MMFUSION LTD
Unaudited accounts
Contents
MMFUSION LTD
Company Information
for the period from 1 October 2023 to 31 August 2024
Directors
Mateusz Komorowski
Malgorzata Komorowski
Company Number
14330425 (England and Wales)
Registered Office
107 KIRKGATE
LEEDS
LS1 6DP
ENGLAND
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
MMFUSION LTD
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
27,269
33,668
Creditors: amounts falling due within one year
(27,169)
(13,324)
Net current assets
100
20,344
Called up share capital
100
100
Profit and loss account
-
20,244
Shareholders' funds
100
20,344
For the period ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
Mateusz Komorowski
Director
Company Registration No. 14330425
MMFUSION LTD
Notes to the Accounts
for the period from 1 October 2023 to 31 August 2024
MMFUSION LTD is a private company, limited by shares, registered in England and Wales, registration number 14330425. The registered office is 107 KIRKGATE, LEEDS, LS1 6DP, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
4,836
Loans from directors
26,809
8,488
Allotted, called up and fully paid:
50 Ordinary shares A of £1 each
50
50
50 Ordinary shares B of £1 each
50
50
6
Average number of employees
During the period the average number of employees was 2 (2023: 2).