04377639falseVehicle Recovery2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04377639

MMS Recovery Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025

Prepared By:
CES Accountants
Certified Public Accountants
27 Milldale Crescent
Wolverhampton
West Midlands
WV10 6LP

MMS Recovery Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Ms K Griffiths
REGISTERED OFFICE
Unit 19 Dunstall Hill Trading Estate
Wolverhampton
West Midlands
WV6 0PJ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04377639
ACCOUNTANTS
CES Accountants
Certified Public Accountants
27 Milldale Crescent
Wolverhampton
West Midlands
WV10 6LP

MMS Recovery Limited

ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

MMS Recovery Limited

BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets3570,106387,636
CURRENT ASSETS
Stock75,33198,321
Debtors5106,76136,272
Cash at bank and in hand244,112436,683
426,204571,276
CREDITORS: Amounts falling due within one year6301,865400,070
NET CURRENT ASSETS124,339171,206
TOTAL ASSETS LESS CURRENT LIABILITIES694,445558,842
CAPITAL AND RESERVES
Called up share capital71,0001,000
Profit and loss account693,445557,842
SHAREHOLDERS' FUNDS694,445558,842
For the year ending 31/03/2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/06/2025 and signed on their behalf by
.............................
Ms K Griffiths
Director

MMS Recovery Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery %
Commercial Vehicles %
Fixtures and Fittings %
Equipment %
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees1414

MMS Recovery Limited

3. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercialFixtures
PropertiesMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 01/04/202443,56965,000961,33934,66112,4501,117,019
Additions--271,538--271,538
At 31/03/202543,56965,0001,232,87734,66112,4501,388,557
Depreciation
At 01/04/202443,569-654,57029,3771,867729,383
For the year-9,75076,6761,0561,58689,068
At 31/03/202543,5699,750731,24630,4333,453818,451
Net Book Amounts
At 31/03/2025-55,250501,6314,2288,997570,106
At 31/03/2024-65,000306,7695,28410,583387,636
4. STOCK 20252024
££
Stock comprises:
Work in progress75,33198,321
75,33198,321
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors23,326-
VAT83,43536,272
106,76136,272

MMS Recovery Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax11,97139,477
PAYE control18,20117,142
Directors current account190,656233,969
Bank Loan-23,379
Trade creditors72,31172,618
Pension schemes1,5266,285
Accruals7,2007,200
301,865400,070
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
1,0001,000