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REGISTERED NUMBER: 08351391 (England and Wales)














Unaudited Financial Statements

for the Period 1 April 2023 to 30 September 2024

for

M & M Information Technologies Limited

M & M Information Technologies Limited (Registered number: 08351391)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 September 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


M & M Information Technologies Limited (Registered number: 08351391)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,492 10,487

CURRENT ASSETS
Stocks 8,420 4,329
Debtors 5 90,006 105,296
Cash at bank and in hand 415,686 267,007
514,112 376,632
CREDITORS
Amounts falling due within one year 6 102,870 69,413
NET CURRENT ASSETS 411,242 307,219
TOTAL ASSETS LESS CURRENT LIABILITIES 422,734 317,706

PROVISIONS FOR LIABILITIES 2,298 2,097
NET ASSETS 420,436 315,609

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 420,336 315,509
SHAREHOLDERS' FUNDS 420,436 315,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





M A Parker - Director


M & M Information Technologies Limited (Registered number: 08351391)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 September 2024

1. STATUTORY INFORMATION

M & M Information Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08351391

Registered office: Portland Road
Longton
Stoke on Trent
Staffordshire
ST3 1EW

The presentation currency of the financial statements is the Pound Sterling (£).


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 Companies Act 2006. 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.

Revenue is recognised as the company becomes entitled to consideration for the services and goods supplied. Therefore, turnover also includes an element of work completed but not yet invoiced for.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

M & M Information Technologies Limited (Registered number: 08351391)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 18,110 14,718 32,828
Additions 499 5,672 6,171
At 30 September 2024 18,609 20,390 38,999
DEPRECIATION
At 1 April 2023 11,822 10,519 22,341
Charge for period 2,527 2,639 5,166
At 30 September 2024 14,349 13,158 27,507
NET BOOK VALUE
At 30 September 2024 4,260 7,232 11,492
At 31 March 2023 6,288 4,199 10,487

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 80,636 98,695
Other debtors 9,370 6,601
90,006 105,296

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 23,012 20,453
Taxation and social security 62,929 38,196
Other creditors 16,929 10,764
102,870 69,413

7. POST BALANCE SHEET EVENTS

On 8th November 2024, M&M IT Trustees became the sole shareholder and entity with significant control, by acquiring one hundred percent of the share capital.