Company Registration No. 10174006 (England and Wales)
MLM TRANSPORT LTD
Unaudited accounts
for the year ended 31 May 2024
MLM TRANSPORT LTD
Unaudited accounts
Contents
MLM TRANSPORT LTD
Company Information
for the year ended 31 May 2024
Director
Constantin-Marius Moscaliuc
Company Number
10174006 (England and Wales)
Registered Office
2 Cotman Close
Newport
NP19 7PU
MLM TRANSPORT LTD
Statement of financial position
as at 31 May 2024
Tangible assets
71,746
43,936
Cash at bank and in hand
25,874
(7,901)
Creditors: amounts falling due within one year
(32,667)
(22,401)
Net current assets/(liabilities)
24,829
(24,783)
Total assets less current liabilities
96,575
19,153
Creditors: amounts falling due after more than one year
(21,658)
(32,153)
Net assets/(liabilities)
74,917
(13,000)
Called up share capital
1
1
Profit and loss account
74,916
(13,001)
Shareholders' funds
74,917
(13,000)
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 11 February 2025 and were signed on its behalf by
Constantin-Marius Moscaliuc
Director
Company Registration No. 10174006
MLM TRANSPORT LTD
Notes to the Accounts
for the year ended 31 May 2024
MLM TRANSPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 10174006. The registered office is 2 Cotman Close, Newport, NP19 7PU.
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.
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
11,500
44,304
55,804
At 31 May 2024
11,500
89,882
101,382
At 1 June 2023
2,099
9,769
11,868
Charge for the year
2,375
15,393
17,768
At 31 May 2024
4,474
25,162
29,636
At 31 May 2024
7,026
64,720
71,746
At 31 May 2023
9,401
34,535
43,936
MLM TRANSPORT LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,550
11,526
Taxes and social security
6,298
-
Loans from directors
(844)
7,166
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,205
11,934
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).