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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
Page
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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
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MLM TRANSPORT LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
71,746 
43,936 
Current assets
Debtors
31,622 
5,519 
Cash at bank and in hand
25,874 
(7,901)
57,496 
(2,382)
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)
Capital and reserves
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
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MLM TRANSPORT LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
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:
Plant & machinery
25% SL
Motor vehicles
25% SL
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 
Additions
- 
45,578 
45,578 
At 31 May 2024
11,500 
89,882 
101,382 
Depreciation
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 
Net book value
At 31 May 2024
7,026 
64,720 
71,746 
At 31 May 2023
9,401 
34,535 
43,936 
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MLM TRANSPORT LTD Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
10,487 
3,369 
Trade debtors
19,485 
- 
Other debtors
1,650 
2,150 
31,622 
5,519 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
16,663 
2,461 
Trade creditors
10,550 
11,526 
Taxes and social security
6,298 
- 
Other creditors
- 
1,248 
Loans from directors
(844)
7,166 
32,667 
22,401 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,453 
20,219 
Obligations under finance leases and hire purchase contracts
8,205 
11,934 
21,658 
32,153 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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