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REGISTERED NUMBER: OC416866 (England and Wales)















Unaudited Financial Statements

for the Period 30 April 2023 to 31 March 2024

for

M & M Developers LLP

M & M Developers LLP (Registered number: OC416866)






Contents of the Financial Statements
for the Period 30 April 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

M & M Developers LLP

General Information
for the Period 30 April 2023 to 31 March 2024







DESIGNATED MEMBERS: C J Martin
Mrs C A Martin
M & M Building Developers Limited
C J Martin
E J Buss





REGISTERED OFFICE: Great Thorn Farm
Marden Thorn
Marden
Tonbridge
Kent
TN12 9LJ





REGISTERED NUMBER: OC416866 (England and Wales)





ACCOUNTANTS: Deeks Evans Audit Services Limited
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU

M & M Developers LLP (Registered number: OC416866)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 123,077 75,291

CURRENT ASSETS
Debtors 5 746,733 866,011
Cash at bank 73,753 50,640
820,486 916,651
CREDITORS
Amounts falling due within one year 6 906,565 958,608
NET CURRENT LIABILITIES (86,079 ) (41,957 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,998

33,334

CREDITORS
Amounts falling due after more than one
year

7

23,497

33,333
NET ASSETS ATTRIBUTABLE TO
MEMBERS

13,501

1

LOANS & OTHER DEBTS DUE TO
MEMBERS

8

13,501

1

TOTAL MEMBERS' INTERESTS
Loans & other debts due to members 8 13,501 1
Amounts due from members 5 (588,912 ) (590,020 )
(575,411 ) (590,019 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

M & M Developers LLP (Registered number: OC416866)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 14 January 2025 and were signed by:




C J Martin - Designated member




Mrs C A Martin - Designated member


M & M Developers LLP (Registered number: OC416866)

Notes to the Financial Statements
for the Period 30 April 2023 to 31 March 2024

1. STATUTORY INFORMATION

M & M Developers LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 April 2023 149,320
Additions 119,908
Disposals (19,250 )
At 31 March 2024 249,978
DEPRECIATION
At 30 April 2023 74,029
Charge for period 62,498
Eliminated on disposal (9,626 )
At 31 March 2024 126,901
NET BOOK VALUE
At 31 March 2024 123,077
At 29 April 2023 75,291

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 116,658 239,299
Amounts due from members 588,912 590,020
Other debtors 41,163 36,692
746,733 866,011

M & M Developers LLP (Registered number: OC416866)

Notes to the Financial Statements - continued
for the Period 30 April 2023 to 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 186,968 297,282
Amounts owed to associates 671,632 595,172
Social security & other taxes 16,491 21,154
Other creditors 25,000 39,000
Accruals & deferred income 6,474 6,000
906,565 958,608

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 23,497 33,333

8. LOANS & OTHER DEBTS DUE TO MEMBERS

Members' loans and other debts, including any unsecured amounts, are regarded as capital but which are repayable in priority to secured indebtedness.

M & M Developers LLP

Report of the Accountants to the Members of
M & M Developers LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2024 set out on page nil and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Deeks Evans Audit Services Limited
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU


14 January 2025