Registered number
14854283
MMB OPTICS LTD
Filleted Accounts
31 March 2025
MMB OPTICS LTD
Registered number: 14854283
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,180 1,328
Current assets
Debtors 4 1,630 6,227
Cash at bank and in hand 7,217 16,661
8,847 22,888
Creditors: amounts falling due within one year 5 (6,656) (7,235)
Net current assets 2,191 15,653
Total assets less current liabilities 3,371 16,981
Creditors: amounts falling due after more than one year 6 (2,297) (1,699)
Net assets 1,074 15,282
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,073 15,281
Shareholders' funds 1,074 15,282
The directors are 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 directors acknowledge their 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.
Maariyah M. Birader
Director
Approved by the board on 4 April 2025
MMB OPTICS LTD
Notes to the Accounts
for the year ended 31 March 2025
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 10 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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery
£
Cost
At 1 April 2024 1,476
At 31 March 2025 1,476
Depreciation
At 1 April 2024 148
Charge for the year 148
At 31 March 2025 296
Net book value
At 31 March 2025 1,180
At 31 March 2024 1,328
4 Debtors 2025 2024
£ £
Trade debtors 1,630 6,227
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 5,451 6,205
Other creditors 1,205 1,030
6,656 7,235
6 Creditors: amounts falling due after one year 2025 2024
£ £
Directors Loan 2,297 1,699
7 Controlling party
The company is under the full control of the Director by virtue of them being the sole Shareholder.
8 Other information
MMB OPTICS LTD is a private company limited by shares and incorporated in England. Its registered office is:
FIVE ARCHES
SANDS LANE
MIRFIELD
UNITED KINGDOM
WF14 8HJ
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