Company Registration No. 08057704 (England and Wales)
Molly Mae Limited
Unaudited accounts
for the year ended 31 March 2025
Molly Mae Limited
Unaudited accounts
Contents
Molly Mae Limited
Company Information
for the year ended 31 March 2025
Directors
J. Kenney
P R Kenney
Company Number
08057704 (England and Wales)
Registered Office
Bridgemere Farm
Mowsley Lane
Walton, Lutterworth
LE17 5RE
United Kingdom
Accountants
The Swan Partnership LLP
47 Royal Avenue
Scarborough
North Yorkshire
YO11 2LS
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Molly Mae Limited
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Molly Mae Limited for the year ended
31 March 2025 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Molly Mae Limited, as a body, in accordance with the terms of our engagement letter dated 6 April 2020. Our work has been undertaken solely to prepare for your approval the accounts of Molly Mae Limited and state those matters that we have agreed to state to the Board of Directors of Molly Mae Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Molly Mae Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Molly Mae Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Molly Mae Limited. You consider that Molly Mae Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Molly Mae Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
The Swan Partnership LLP
Chartered Certified Accountants
47 Royal Avenue
Scarborough
North Yorkshire
YO11 2LS
30 April 2025
Molly Mae Limited
Statement of financial position
as at 31 March 2025
Tangible assets
14,326
13,740
Cash at bank and in hand
47,901
58,369
Creditors: amounts falling due within one year
(82,699)
(127,480)
Net current assets
27,617
14,017
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss account
41,843
27,657
Shareholders' funds
41,943
27,757
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
J. Kenney
Director
Company Registration No. 08057704
Molly Mae Limited
Notes to the Accounts
for the year ended 31 March 2025
Molly Mae Limited is a private company, limited by shares, registered in England and Wales, registration number 08057704. The registered office is Bridgemere Farm, Mowsley Lane, Walton, Lutterworth, LE17 5RE, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
15% on written down value
Computer equipment
15% on written down value
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
2,415
38,797
41,212
At 31 March 2025
5,255
39,071
44,326
At 1 April 2024
909
26,563
27,472
Charge for the year
652
1,876
2,528
At 31 March 2025
1,561
28,439
30,000
At 31 March 2025
3,694
10,632
14,326
At 31 March 2024
1,506
12,234
13,740
Amounts falling due within one year
Trade debtors
31,151
39,930
Molly Mae Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
5,342
9,912
Taxes and social security
4,690
7,491
Loans from directors
55,000
70,561
7
Average number of employees
During the year the average number of employees was 11 (2024: 11).