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Company Registration No. 10756368 (England and Wales)
MM1 ENGINEERING LTD Unaudited accounts for the year ended 31 May 2024
MM1 ENGINEERING LTD Unaudited accounts Contents
Page
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MM1 ENGINEERING LTD Company Information for the year ended 31 May 2024
Directors
Mihai Stelian Mataranga Costela Mataranga
Company Number
10756368 (England and Wales)
Registered Office
Flat 402 Willow House 8 River Barge Close London E14 3PJ
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MM1 ENGINEERING LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,645 
- 
Current assets
Debtors
164,463 
126,123 
Cash at bank and in hand
72,499 
3,017 
236,962 
129,140 
Creditors: amounts falling due within one year
(53,378)
(18,327)
Net current assets
183,584 
110,813 
Total assets less current liabilities
203,229 
110,813 
Creditors: amounts falling due after more than one year
(33,515)
- 
Net assets
169,714 
110,813 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
169,614 
110,713 
Shareholders' funds
169,714 
110,813 
For the year ending 31 May 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 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 15 May 2025 and were signed on its behalf by
Mihai Stelian Mataranga Director Company Registration No. 10756368
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MM1 ENGINEERING LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MM1 ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 10756368. The registered office is Flat 402 Willow House, 8 River Barge Close, London, E14 3PJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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: straight line
Motor vehicles
Mercedes
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2023
- 
Additions
22,667 
At 31 May 2024
22,667 
Depreciation
Charge for the year
3,022 
At 31 May 2024
3,022 
Net book value
At 31 May 2024
19,645 
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MM1 ENGINEERING LTD Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,027 
625 
Trade debtors
60,762 
26,499 
Accrued income and prepayments
9,800 
- 
Other debtors
88,874 
98,999 
164,463 
126,123 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
53,378 
18,327 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
33,515 
- 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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