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REGISTERED NUMBER: 08198906 (England and Wales)














MMP Electrovibe UK Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025






MMP Electrovibe UK Limited (Registered number: 08198906)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MMP Electrovibe UK Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: M Davies





REGISTERED OFFICE: 10 Victoria Road South
Southsea
Hampshire
PO5 2DA





REGISTERED NUMBER: 08198906 (England and Wales)





ACCOUNTANTS: Barter Durgan
Chartered Accountants
10 Victoria Road South
Southsea
Hampshire
PO5 2DA

MMP Electrovibe UK Limited (Registered number: 08198906)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 340,485 314,927

CURRENT ASSETS
Debtors 5 629,054 600,937
Cash at bank and in hand 1,067,659 872,459
1,696,713 1,473,396
CREDITORS
Amounts falling due within one year 6 390,577 327,429
NET CURRENT ASSETS 1,306,136 1,145,967
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,646,621

1,460,894

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 1,646,519 1,460,792
SHAREHOLDERS' FUNDS 1,646,621 1,460,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

MMP Electrovibe UK Limited (Registered number: 08198906)

Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 May 2025 and were signed by:





M Davies - Director


MMP Electrovibe UK Limited (Registered number: 08198906)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

MMP Electrovibe UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2024 - 43 ) .

MMP Electrovibe UK Limited (Registered number: 08198906)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Motor
property property machinery vehicles Totals
£    £    £    £    £   
COST
At 1 April 2024 200,000 25,982 178,051 111,534 515,567
Additions - - - 70,750 70,750
Disposals - - - (41,290 ) (41,290 )
At 31 March 2025 200,000 25,982 178,051 140,994 545,027
DEPRECIATION
At 1 April 2024 - - 135,071 65,569 200,640
Charge for year - - 10,745 27,527 38,272
Eliminated on disposal - - - (34,370 ) (34,370 )
At 31 March 2025 - - 145,816 58,726 204,542
NET BOOK VALUE
At 31 March 2025 200,000 25,982 32,235 82,268 340,485
At 31 March 2024 200,000 25,982 42,980 45,965 314,927

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 629,054 599,112
Other debtors - 1,825
629,054 600,937

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 60,411 62,188
Taxation 117,116 94,246
Social security and other taxes 30,032 24,875
VAT 92,151 93,504
Other creditors 18,427 15,688
Hire purchase 72,440 36,928
390,577 327,429