Company Registration No. 13211386 (England and Wales)
MM CONTRACTS INCORPORATED LTD
Unaudited accounts
for the year ended 29 February 2024
MM CONTRACTS INCORPORATED LTD
Unaudited accounts
Contents
MM CONTRACTS INCORPORATED LTD
Company Information
for the year ended 29 February 2024
Company Number
13211386 (England and Wales)
Registered Office
4 BEAUMONT ROAD
CHURCH STRETTON
SY6 6BN
UNITED KINGDOM
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
MM CONTRACTS INCORPORATED LTD
Statement of financial position
as at 29 February 2024
Tangible assets
41,328
50,101
Cash at bank and in hand
1,011
-
Creditors: amounts falling due within one year
(30,236)
(27,038)
Net current liabilities
(24,463)
(27,038)
Total assets less current liabilities
16,865
23,063
Provisions for liabilities
Deferred tax
(5,548)
(7,068)
Called up share capital
1
1
Profit and loss account
11,316
15,994
Shareholders' funds
11,317
15,995
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 17 September 2024 and were signed on its behalf by
M Mower
Director
Company Registration No. 13211386
MM CONTRACTS INCORPORATED LTD
Notes to the Accounts
for the year ended 29 February 2024
MM CONTRACTS INCORPORATED LTD is a private company, limited by shares, registered in England and Wales, registration number 13211386. The registered office is 4 BEAUMONT ROAD, CHURCH STRETTON, SY6 6BN, 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.
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.
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.
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
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
30,880
44,600
75,480
At 29 February 2024
30,880
44,600
75,480
At 1 March 2023
5,867
19,512
25,379
Charge for the year
2,501
6,272
8,773
At 29 February 2024
8,368
25,784
34,152
At 29 February 2024
22,512
18,816
41,328
At 28 February 2023
25,013
25,088
50,101
Amounts falling due after more than one year
MM CONTRACTS INCORPORATED LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
26,190
23,038
7
Average number of employees
During the year the average number of employees was 0 (2023: 1).