2023-04-01 06667512 2024-03-31 06667512 2023-04-01 2024-03-31 06667512 2023-03-31 06667512 2022-04-01 2023-03-31 06667512 uk-core:WithinOneYear 2023-03-31 06667512 uk-core:WithinOneYear 2024-03-31 06667512 uk-core:AfterOneYear 2023-03-31 06667512 uk-core:AfterOneYear 2024-03-31 06667512 uk-core:ShareCapital 2024-03-31 06667512 uk-core:ShareCapital 2023-03-31 06667512 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 06667512 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 06667512 uk-bus:Director1 2023-04-01 2024-03-31 06667512 uk-core:NetGoodwill 2023-04-01 2024-03-31 06667512 uk-core:ToolsEquipment 2023-04-01 2024-03-31 06667512 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 06667512 uk-core:FurnitureFittings 2023-04-01 2024-03-31 06667512 uk-core:Goodwill 2023-03-31 06667512 uk-core:IntangibleAssetsOtherThanGoodwill 2023-03-31 06667512 uk-core:Goodwill 2024-03-31 06667512 uk-core:IntangibleAssetsOtherThanGoodwill 2024-03-31 06667512 uk-core:ToolsEquipment 2023-03-31 06667512 uk-core:FurnitureFittings 2023-03-31 06667512 uk-core:CommercialMotorVehicles 2023-03-31 06667512 uk-core:LandBuildings 2023-03-31 06667512 uk-core:LandBuildings 2023-04-01 2024-03-31 06667512 uk-core:CommercialMotorVehicles 2024-03-31 06667512 uk-core:FurnitureFittings 2024-03-31 06667512 uk-core:ToolsEquipment 2024-03-31 06667512 uk-core:LandBuildings 2024-03-31 06667512 uk-core:WithinOneYear 2024-03-31 06667512 uk-core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure 06667512 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06667512 uk-bus:FRS102 2023-04-01 2024-03-31 06667512 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 06667512 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
MM PO Limited
Registered Number:06667512
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
MM PO Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
06667512
As at 31 March 2024
MM PO Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
154,933
154,933
2
Property, plant and equipment
442,746
892,508
3
597,679
1,047,441
Current assets
Inventories
197,322
243,894
4
Trade and other receivables
561,346
1,220,129
5
8,492
Cash and cash equivalents
39,595
1,503,618
767,160
Trade and other payables: amounts falling due within one
year
(431,828)
(479,548)
6
335,332
1,024,070
Net current assets
Total assets less current liabilities
1,621,749
1,382,773
Trade and other payables: amounts falling due after more
than one year
(151,586)
(341,694)
7
(54,056)
(52,635)
Provisions for liabilities
1,225,999
Net assets
1,178,552
Capital and reserves
Called up share capital
3
3
Retained earnings
1,225,996
1,178,549
1,225,999
1,178,552
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
06667512
For the year ended 31 March 2024
MM PO Limited
Statement of Financial Position Continued
Maksud Matadar Director
These financial statements were approved and authorised for issue by the Board on 17 March 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2024
MM PO Limited
Notes to the Financial Statements
Statutory Information
MM PO Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
06667512.
Registered address:
Unit 4, Piccadily Plaza, Londis Store
Portland Street
Manchester
M1 4AL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.33 Straight line
Computer equipment
20 Straight line
Motor vehicles
10 Straight line
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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6
For the year ended 31 March 2024
MM PO Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Other
Intangible
Assets
Total
Goodwill
Cost or valuation
£
£
£
45,000
At 01 April 2023
154,933
109,933
154,933
45,000
At 31 March 2024
109,933
154,933
Net book value
45,000
At 31 March 2024
109,933
At 31 March 2023
45,000
109,933
154,933
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Land &
Property
£
£
£
£
£
Cost or
valuation
At 01 April 2023
1,113,009
14,475
476,417
10,200
611,917
12,392
1,074
11,318
-
-
Additions
-
-
(10,200)
(453,675)
Disposals
(463,875)
At 31 March 2024
-
487,735
15,549
661,526
158,242
Provision for depreciation and impairment
At 01 April 2023
220,501
13,638
198,283
8,580
-
Charge for year
6,859
745
6,114
-
-
(8,580)
-
-
(8,580)
-
On disposal
At 31 March 2024
218,780
14,383
204,397
-
-
At 31 March 2024
Net book value
158,242
-
283,338
1,166
442,746
At 31 March 2023
611,917
1,620
278,134
837
892,508
4. Inventories
2023
2024
£
£
Stocks
243,894
197,322
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7
For the year ended 31 March 2024
MM PO Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
(56,332)
2,325
Other debtors
1,276,461
559,021
561,346
1,220,129
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
7,885
23,108
Trade creditors
338,994
265,880
Taxation and social security
81,449
100,665
Other creditors
51,220
42,175
479,548
431,828
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
341,694
151,586
8. Related party transactions
Included within other debtors is an amount of £847,755 due from other connected parties in which Maksud
Matadar is a director and shareholder. The loan is interest free, unsecured and repayable on demand.
9. Average number of persons employed
During the year the average number of employees was 12 (2023 : 20)
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