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REGISTERED NUMBER: 02215982 (England and Wales)












Unaudited Financial Statements for the Year Ended 30 April 2025

for

Modern Moulds Associates Ltd

Modern Moulds Associates Ltd (Registered number: 02215982)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Modern Moulds Associates Ltd

Company Information
for the Year Ended 30 April 2025







DIRECTORS: M J Whiles
P A Whiles
S J Whiles





SECRETARY: Mrs M F Whiles





REGISTERED OFFICE: The Factory
Lightsfield
Oakley
BASINGSTOKE
Hampshire
RG23 7BY





REGISTERED NUMBER: 02215982 (England and Wales)





ACCOUNTANTS: Weller Mackrill
Chartered Certified Accountants
South Building
Upper Farm
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8PE

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Modern Moulds Associates 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 Modern Moulds Associates Ltd for the year ended 30 April 2025 which comprise the Income Statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Modern Moulds Associates 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 Modern Moulds Associates Ltd and state those matters that we have agreed to state to the Board of Directors of Modern Moulds Associates Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Modern Moulds Associates 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 profit of Modern Moulds Associates Ltd. You consider that Modern Moulds Associates 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 Modern Moulds Associates 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.






Weller Mackrill
Chartered Certified Accountants
South Building
Upper Farm
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8PE


24 July 2025

Modern Moulds Associates Ltd (Registered number: 02215982)

Balance Sheet
30 April 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 989,309 1,044,726

CURRENT ASSETS
Stocks 119,301 133,864
Debtors 5 990,388 901,946
Cash at bank 494,972 332,462
1,604,661 1,368,272
CREDITORS
Amounts falling due within one year 6 (722,820 ) (644,227 )
NET CURRENT ASSETS 881,841 724,045
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,871,150

1,768,771

CREDITORS
Amounts falling due after more than one
year

7

(48,058

)

(79,724

)

PROVISIONS FOR LIABILITIES 9 (125,606 ) (138,137 )
NET ASSETS 1,697,486 1,550,910

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 1,695,486 1,548,910
1,697,486 1,550,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

Modern Moulds Associates Ltd (Registered number: 02215982)

Balance Sheet - continued
30 April 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





S J Whiles - Director


Modern Moulds Associates Ltd (Registered number: 02215982)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

Modern Moulds Associates 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.
Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 28 ) .

Modern Moulds Associates Ltd (Registered number: 02215982)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2024 529,223 2,061,836 157,656
Additions - 67,593 14,995
At 30 April 2025 529,223 2,129,429 172,651
DEPRECIATION
At 1 May 2024 37,044 1,661,247 85,362
Charge for year 5,292 93,637 21,823
At 30 April 2025 42,336 1,754,884 107,185
NET BOOK VALUE
At 30 April 2025 486,887 374,545 65,466
At 30 April 2024 492,179 400,589 72,294

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2024 149,597 42,159 2,940,471
Additions - 4,400 86,988
At 30 April 2025 149,597 46,559 3,027,459
DEPRECIATION
At 1 May 2024 72,569 39,523 1,895,745
Charge for year 19,257 2,396 142,405
At 30 April 2025 91,826 41,919 2,038,150
NET BOOK VALUE
At 30 April 2025 57,771 4,640 989,309
At 30 April 2024 77,028 2,636 1,044,726

Included in the above are amounts relating to assets held under hire purchase agreements. The total depreciation charge for the year in respect of these items amounted to £24,996 (2024 - £36,971) and the net book value at 30 April 2025 was £99,984 (2024 - £147,884).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 621,208 535,254
Other debtors 369,180 366,692
990,388 901,946

Modern Moulds Associates Ltd (Registered number: 02215982)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 35,056 45,937
Trade creditors 284,207 278,231
Taxation and social security 207,358 128,870
Other creditors 196,199 191,189
722,820 644,227

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 48,058 79,724

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 83,114 125,661

Hire purchase agreements are secured against the assets that they are financing.

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 125,606 138,137

Deferred
tax
£   
Balance at 1 May 2024 138,137
Movement during the year (12,531 )
Balance at 30 April 2025 125,606

10. RELATED PARTY DISCLOSURES

At the balance sheet date there was an amount owing to the company from MMW Properties Ltd, a company under common control, totalling £320,000 (30 April 2024 - £320,000).