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Company Registration No. 08954974 (England and Wales)
Mmrmcars Limited Unaudited accounts for the year ended 31 March 2024
Mmrmcars Limited Unaudited accounts Contents
Page
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Mmrmcars Limited Company Information for the year ended 31 March 2024
Director
Marius Rimkunas
Company Number
08954974 (England and Wales)
Registered Office
216 Billet Road Romford Essex RM6 5QR England
Accountants
UJS London Ltd 127A High Street Hornchurch RM11 1TX
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Mmrmcars Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
164,969 
11,117 
Current assets
Inventories
105,810 
152,748 
Debtors
(18,479)
- 
Cash at bank and in hand
6,957 
18,821 
94,288 
171,569 
Creditors: amounts falling due within one year
(189,540)
(224,175)
Net current liabilities
(95,252)
(52,606)
Total assets less current liabilities
69,717 
(41,489)
Creditors: amounts falling due after more than one year
(124,123)
(21,299)
Net liabilities
(54,406)
(62,788)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(54,506)
(62,888)
Shareholders' funds
(54,406)
(62,788)
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 10 March 2025 and were signed on its behalf by
Marius Rimkunas Director Company Registration No. 08954974
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Mmrmcars Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Mmrmcars Limited is a private company, limited by shares, registered in England and Wales, registration number 08954974. The registered office is 216 Billet Road, Romford, Essex, RM6 5QR, 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
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 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
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
21,567 
Additions
157,684 
Disposals
(4,061)
At 31 March 2024
175,190 
Depreciation
At 1 April 2023
10,450 
Charge for the year
3,766 
On disposals
(3,995)
At 31 March 2024
10,221 
Net book value
At 31 March 2024
164,969 
At 31 March 2023
11,117 
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Mmrmcars Limited Notes to the Accounts for the year ended 31 March 2024
5
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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