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REGISTERED NUMBER: 04552836 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 October 2024

for

M & M Wood Ltd

M & M Wood Ltd (Registered number: 04552836)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

M & M Wood Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: M H Wood
Mrs W A Wood





SECRETARY: Mrs W A Wood





REGISTERED OFFICE: 2 Hallgarth
Pickering
North Yorkshire
YO18 7AW





REGISTERED NUMBER: 04552836 (England and Wales)





ACCOUNTANTS: Hallgarth Accountants Ltd
2 Hallgarth
Pickering
North Yorkshire
YO18 7AW

M & M Wood Ltd (Registered number: 04552836)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 704,608 728,358

CURRENT ASSETS
Stocks - 1,800
Debtors 5 109,532 155,978
Investments 6 1,447 1,377
Cash at bank 114,185 128,676
225,164 287,831
CREDITORS
Amounts falling due within one year 7 231,543 186,779
NET CURRENT (LIABILITIES)/ASSETS (6,379 ) 101,052
TOTAL ASSETS LESS CURRENT
LIABILITIES

698,229

829,410

PROVISIONS FOR LIABILITIES 28,386 31,298
NET ASSETS 669,843 798,112

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 669,743 798,012
SHAREHOLDERS' FUNDS 669,843 798,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

M & M Wood Ltd (Registered number: 04552836)

Balance Sheet - continued
31 October 2024


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 Board of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by:





M H Wood - Director


M & M Wood Ltd (Registered number: 04552836)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

M & M Wood Ltd 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.
Improvements to property - not provided
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

M & M Wood Ltd (Registered number: 04552836)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 November 2023 564,116 10,926 268,456
Additions - 9,322 4,730
Disposals - - -
At 31 October 2024 564,116 20,248 273,186
DEPRECIATION
At 1 November 2023 - - 171,332
Charge for year - - 14,838
Eliminated on disposal - - -
At 31 October 2024 - - 186,170
NET BOOK VALUE
At 31 October 2024 564,116 20,248 87,016
At 31 October 2023 564,116 10,926 97,124

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 89,740 1,975 935,213
Additions - - 14,052
Disposals (31,000 ) - (31,000 )
At 31 October 2024 58,740 1,975 918,265
DEPRECIATION
At 1 November 2023 33,989 1,534 206,855
Charge for year 13,062 66 27,966
Eliminated on disposal (21,164 ) - (21,164 )
At 31 October 2024 25,887 1,600 213,657
NET BOOK VALUE
At 31 October 2024 32,853 375 704,608
At 31 October 2023 55,751 441 728,358

M & M Wood Ltd (Registered number: 04552836)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 4,134 38,454
Other debtors 105,398 117,524
109,532 155,978

6. CURRENT ASSET INVESTMENTS
31.10.24 31.10.23
£    £   
B.A.T.A. Investment 1,447 1,377

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 221,535 181,263
Taxation and social security 4,928 883
Other creditors 5,080 4,633
231,543 186,779

8. RELATED PARTY DISCLOSURES

A loan existed at 31st October 2024 of £100,000 (2023: £100,000) to a Company where the controlling party of M & M Wood Ltd is also a controlling party. This loan is shown within Debtors - Amounts falling due within one year. Interest is not being charged and the loan is repayable on demand..

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
M & M Wood Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M & M Wood Ltd for the year ended 31 October 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of M & M Wood Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M & M Wood Ltd and state those matters that we have agreed to state to the Board of Directors of M & M Wood Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M & M Wood Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M & M Wood Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of M & M Wood Ltd. You consider that M & M Wood Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M & M Wood Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hallgarth Accountants Ltd
2 Hallgarth
Pickering
North Yorkshire
YO18 7AW


17 April 2025