MRV INTERIORS LTD

Company Registration Number:
07006608 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

MRV INTERIORS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

MRV INTERIORS LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 3,084 12,571
Total fixed assets: 3,084 12,571
Current assets
Stocks: 10,000 10,000
Debtors:   113,348 54,884
Cash at bank and in hand: 741 431,876
Total current assets: 124,089 496,760
Creditors: amounts falling due within one year:   (92,573) (181,035)
Net current assets (liabilities): 31,516 315,725
Total assets less current liabilities: 34,600 328,296
Creditors: amounts falling due after more than one year:   (6,666) (25,166)
Provision for liabilities:   (2,300)
Total net assets (liabilities): 27,934 300,830
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 27,932 300,828
Shareholders funds: 27,934 300,830

The notes form part of these financial statements

MRV INTERIORS LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 June 2025
and signed on behalf of the board by:

Name: BP Harvey
Status: Director

The notes form part of these financial statements

MRV INTERIORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration receivable net of value added tax. Revenue is recognised in the accounting period in which the services are rendered. The company uses the percentage of completion method based on the actual service performed as a percentage of the total services to be provided.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided n tangible fixed assets at rates calculated to write ff the cost, lessestimated residual value, of each asset over their expected useful lives as follows:- Office equipment 25% straight line Tools and equipment 25% straight line Motor vehicles 25% straight line

Other accounting policies

Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Hire purchase commitments Assets held under hire purchase contracts are capitalised as tangible fixed assets and are depreciated over their useful lives. The corresponding hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to profit and loss over the period of the contract and represents a constant proportion of the balance of capital repayments outstanding.

MRV INTERIORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

MRV INTERIORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 47,336
Additions 665
At 30 September 2024 48,001
Depreciation
At 01 October 2023 34,765
Charge for year 10,152
At 30 September 2024 44,917
Net book value
At 30 September 2024 3,084
At 30 September 2023 12,571

MRV INTERIORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Loans to directors

Name of director receiving advance or credit: Mr and Mrs Harvey
Description of the loan: Loan
£
Balance at 01 October 2023 0
Advances or credits made: 106,239
Balance at 30 September 2024 106,239