Company Registration No. 05325715 (England and Wales)
Two M's Limited
Unaudited accounts
for the year ended 30 September 2024
Two M's Limited
Unaudited accounts
Contents
Two M's Limited
Company Information
for the year ended 30 September 2024
Directors
I M Kreditor
M Lisser
M Roth
A E Lisser
Company Number
05325715 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Two M's Limited
Statement of financial position
as at 30 September 2024
Debtors
1,451,077
1,661,881
Cash at bank and in hand
19,645
154,442
Creditors: amounts falling due within one year
(1,102,860)
(1,473,327)
Net current assets
367,862
342,996
Total assets less current liabilities
367,862
342,996
Creditors: amounts falling due after more than one year
(6,668)
(16,668)
Net assets
361,194
326,328
Called up share capital
120
120
Profit and loss account
361,074
326,208
Shareholders' funds
361,194
326,328
For the year ending 30 September 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 13 May 2025 and were signed on its behalf by
I M Kreditor
Director
Company Registration No. 05325715
Two M's Limited
Notes to the Accounts
for the year ended 30 September 2024
Two M's Limited is a private company, limited by shares, registered in England and Wales, registration number 05325715. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Amounts falling due within one year
Trade debtors
1,451,077
1,661,881
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
22,193
Trade creditors
913,625
1,294,681
Taxes and social security
11,592
8,969
Loans from directors
16,500
17,382
Two M's Limited
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).