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Company Registration No. 12016264 (England and Wales)
M3 Enterprises Ltd Unaudited accounts for the year ended 31 May 2024
M3 Enterprises Ltd Unaudited accounts Contents
Page
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M3 Enterprises Ltd Company Information for the year ended 31 May 2024
Director
Milind Mahabaleshwar Rao
Company Number
12016264 (England and Wales)
Registered Office
BRADGATE HOUSE LITTLEPORT LANE SIBSEY BOSTON LINCOLNSHIRE PE22 0RS ENGLAND
Accountants
Reliance Tax Advisers 20B Market Place Grantham Lincolnshire NG31 6LP
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of M3 Enterprises Ltd for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M3 Enterprises Ltd for the year ended 31 May 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Reliance Tax Advisers Chartered Certified Accountants 20B Market Place Grantham Lincolnshire NG31 6LP 8 July 2024
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M3 Enterprises Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,093 
966 
Current assets
Cash at bank and in hand
580,663 
407,810 
Creditors: amounts falling due within one year
(58,278)
(42,611)
Net current assets
522,385 
365,199 
Net assets
523,478 
366,165 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
523,448 
366,135 
Shareholders' funds
523,478 
366,165 
For the year ending 31 May 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 31 January 2024 and were signed on its behalf by
Milind Mahabaleshwar Rao Director Company Registration No. 12016264
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M3 Enterprises Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
M3 Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 12016264. The registered office is BRADGATE HOUSE, LITTLEPORT LANE SIBSEY, BOSTON, LINCOLNSHIRE, PE22 0RS, 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:
Computer equipment
33.33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
1,449 
Additions
915 
At 31 May 2024
2,364 
Depreciation
At 1 June 2023
483 
Charge for the year
788 
At 31 May 2024
1,271 
Net book value
At 31 May 2024
1,093 
At 31 May 2023
966 
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M3 Enterprises Ltd Notes to the Accounts for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
56,602 
41,540 
Other creditors
1,200 
750 
Accruals
476 
321 
58,278 
42,611 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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