Registered number
05224788
M.R.M.U Limited
Filleted Accounts
30 September 2024
M.R.M.U Limited
Registered number: 05224788
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 6,385 7,981
Current assets
Debtors 4 3,358,207 3,632,873
Cash at bank and in hand - 9,994
3,358,207 3,642,867
Creditors: amounts falling due within one year 5 (3,080,034) (3,269,682)
Net current assets 278,173 373,185
Total assets less current liabilities 284,558 381,166
Creditors: amounts falling due after more than one year 6 (16,622) (26,667)
Net assets 267,936 354,499
Capital and reserves
Called up share capital 2 2
Profit and loss account 267,934 354,497
Shareholders' funds 267,936 354,499
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mark Upton
Director
Approved by the board on 6 March 2025
M.R.M.U Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 23,063
At 30 September 2024 23,063
Depreciation
At 1 October 2023 15,082
Charge for the year 1,596
At 30 September 2024 16,678
Net book value
At 30 September 2024 6,385
At 30 September 2023 7,981
4 Debtors 2024 2023
£ £
Trade debtors 46,467 22,574
Amounts owed by group undertakings and undertakings in which the company has a participating interest 2,488,331 2,867,599
Other debtors 823,409 742,700
3,358,207 3,632,873
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,521 -
Trade creditors 2,691 10,996
Taxation and social security costs 22,743 39,505
Other creditors 3,052,079 3,219,181
3,080,034 3,269,682
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 16,622 26,667
7 Related party transactions
Debtors at the year end includes the amount of £479,709 (2023: £430,000) due from Forum Contracts Ltd, a company where the director has an interest. The amount is interest free, unsecured and repayable on demand.

Debtors at the year end includes the amount of £11,481 (2023: £11,481) due from MRMU (HIE) Ltd, a company where the director, Mark Upton has an interest,
This amount is unsecured, interest free and repayable on demand.

Debtors at the year end includes the amount of £nil (2023: £280,191) due from MRMU International Ltd, a company where the director, Mark Upton has an interest,
This amount is unsecured, interest free and repayable on demand.

Debtors at the year end includes the amount of £1,906,933 (2023: £1,873,933) due from MRMU Property LLP, a company where MRMU Ltd has an interest.
The interest on this amount is accrued at 4% per annum. The amount is unsecured and repayable on demand.

Other creditors at the year end include the amounts of £2,897,504 (2023: £3,059,805) due to the director, Mark Upton. This amount is unsecured, interest free and repayable on demand.
8 Controlling party
The ultimate controlling party is Mark Upton by virtue of his 100% shareholding in the company.
9 Other information
M.R.M.U Limited is a private company limited by shares and incorporated in England. Its registered office is:
317 Horn Lane
Acton
London W3 0BU
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