2023-07-312024-07-312024-07-31false10272673MMM DEVELOPMENTS (MANCHESTER) LIMITED2025-07-29falseiso4217:GBPxbrli:pure102726732023-07-30102726732024-07-31102726732023-07-312024-07-31102726732022-07-30102726732023-07-30102726732022-07-312023-07-3010272673bus:SmallEntities2023-07-312024-07-3110272673bus:AuditExempt-NoAccountantsReport2023-07-312024-07-3110272673bus:FullAccounts2023-07-312024-07-3110272673bus:PrivateLimitedCompanyLtd2023-07-312024-07-3110272673core:WithinOneYear2024-07-3110272673core:AfterOneYear2024-07-3110272673core:WithinOneYear2023-07-3010272673core:AfterOneYear2023-07-3010272673core:ShareCapital2024-07-3110272673core:SharePremium2024-07-3110272673core:RevaluationReserve2024-07-3110272673core:OtherReservesSubtotal2024-07-3110272673core:RetainedEarningsAccumulatedLosses2024-07-3110272673core:ShareCapital2023-07-3010272673core:SharePremium2023-07-3010272673core:RevaluationReserve2023-07-3010272673core:OtherReservesSubtotal2023-07-3010272673core:RetainedEarningsAccumulatedLosses2023-07-3010272673core:LandBuildings2024-07-3110272673core:PlantMachinery2024-07-3110272673core:Vehicles2024-07-3110272673core:FurnitureFittings2024-07-3110272673core:OfficeEquipment2024-07-3110272673core:NetGoodwill2024-07-3110272673core:IntangibleAssetsOtherThanGoodwill2024-07-3110272673core:ListedExchangeTraded2024-07-3110272673core:UnlistedNon-exchangeTraded2024-07-3110272673core:LandBuildings2023-07-3010272673core:PlantMachinery2023-07-3010272673core:Vehicles2023-07-3010272673core:FurnitureFittings2023-07-3010272673core:OfficeEquipment2023-07-3010272673core:NetGoodwill2023-07-3010272673core:IntangibleAssetsOtherThanGoodwill2023-07-3010272673core:ListedExchangeTraded2023-07-3010272673core:UnlistedNon-exchangeTraded2023-07-3010272673core:LandBuildings2023-07-312024-07-3110272673core:PlantMachinery2023-07-312024-07-3110272673core:Vehicles2023-07-312024-07-3110272673core:FurnitureFittings2023-07-312024-07-3110272673core:OfficeEquipment2023-07-312024-07-3110272673core:NetGoodwill2023-07-312024-07-3110272673core:IntangibleAssetsOtherThanGoodwill2023-07-312024-07-3110272673core:ListedExchangeTraded2023-07-312024-07-3110272673core:UnlistedNon-exchangeTraded2023-07-312024-07-3110272673core:MoreThanFiveYears2023-07-312024-07-3110272673core:Non-currentFinancialInstruments2024-07-3110272673core:Non-currentFinancialInstruments2023-07-3010272673dpl:CostSales2023-07-312024-07-3110272673dpl:DistributionCosts2023-07-312024-07-3110272673core:LandBuildings2023-07-312024-07-3110272673core:PlantMachinery2023-07-312024-07-3110272673core:Vehicles2023-07-312024-07-3110272673core:FurnitureFittings2023-07-312024-07-3110272673core:OfficeEquipment2023-07-312024-07-3110272673dpl:AdministrativeExpenses2023-07-312024-07-3110272673core:NetGoodwill2023-07-312024-07-3110272673core:IntangibleAssetsOtherThanGoodwill2023-07-312024-07-3110272673dpl:GroupUndertakings2023-07-312024-07-3110272673dpl:ParticipatingInterests2023-07-312024-07-3110272673dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-312024-07-3110272673core:ListedExchangeTraded2023-07-312024-07-3110272673dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-312024-07-3110272673core:UnlistedNon-exchangeTraded2023-07-312024-07-3110272673dpl:CostSales2022-07-312023-07-3010272673dpl:DistributionCosts2022-07-312023-07-3010272673core:LandBuildings2022-07-312023-07-3010272673core:PlantMachinery2022-07-312023-07-3010272673core:Vehicles2022-07-312023-07-3010272673core:FurnitureFittings2022-07-312023-07-3010272673core:OfficeEquipment2022-07-312023-07-3010272673dpl:AdministrativeExpenses2022-07-312023-07-3010272673core:NetGoodwill2022-07-312023-07-3010272673core:IntangibleAssetsOtherThanGoodwill2022-07-312023-07-3010272673dpl:GroupUndertakings2022-07-312023-07-3010272673dpl:ParticipatingInterests2022-07-312023-07-3010272673dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-312023-07-3010272673core:ListedExchangeTraded2022-07-312023-07-3010272673dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-312023-07-3010272673core:UnlistedNon-exchangeTraded2022-07-312023-07-3010272673core:NetGoodwill2024-07-3110272673core:IntangibleAssetsOtherThanGoodwill2024-07-3110272673core:LandBuildings2024-07-3110272673core:PlantMachinery2024-07-3110272673core:Vehicles2024-07-3110272673core:FurnitureFittings2024-07-3110272673core:OfficeEquipment2024-07-3110272673core:AfterOneYear2024-07-3110272673core:WithinOneYear2024-07-3110272673core:ListedExchangeTraded2024-07-3110272673core:UnlistedNon-exchangeTraded2024-07-3110272673core:ShareCapital2024-07-3110272673core:SharePremium2024-07-3110272673core:RevaluationReserve2024-07-3110272673core:OtherReservesSubtotal2024-07-3110272673core:RetainedEarningsAccumulatedLosses2024-07-3110272673core:NetGoodwill2023-07-3010272673core:IntangibleAssetsOtherThanGoodwill2023-07-3010272673core:LandBuildings2023-07-3010272673core:PlantMachinery2023-07-3010272673core:Vehicles2023-07-3010272673core:FurnitureFittings2023-07-3010272673core:OfficeEquipment2023-07-3010272673core:AfterOneYear2023-07-3010272673core:WithinOneYear2023-07-3010272673core:ListedExchangeTraded2023-07-3010272673core:UnlistedNon-exchangeTraded2023-07-3010272673core:ShareCapital2023-07-3010272673core:SharePremium2023-07-3010272673core:RevaluationReserve2023-07-3010272673core:OtherReservesSubtotal2023-07-3010272673core:RetainedEarningsAccumulatedLosses2023-07-3010272673core:NetGoodwill2022-07-3010272673core:IntangibleAssetsOtherThanGoodwill2022-07-3010272673core:LandBuildings2022-07-3010272673core:PlantMachinery2022-07-3010272673core:Vehicles2022-07-3010272673core:FurnitureFittings2022-07-3010272673core:OfficeEquipment2022-07-3010272673core:AfterOneYear2022-07-3010272673core:WithinOneYear2022-07-3010272673core:ListedExchangeTraded2022-07-3010272673core:UnlistedNon-exchangeTraded2022-07-3010272673core:ShareCapital2022-07-3010272673core:SharePremium2022-07-3010272673core:RevaluationReserve2022-07-3010272673core:OtherReservesSubtotal2022-07-3010272673core:RetainedEarningsAccumulatedLosses2022-07-3010272673core:AfterOneYear2023-07-312024-07-3110272673core:WithinOneYear2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:CostValuation2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-312024-07-3110272673core:Non-currentFinancialInstrumentscore:CostValuation2024-07-3110272673core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-07-3110272673core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3010272673core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3010272673core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3010272673core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3010272673core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3010272673core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3010272673core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3010272673core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3010272673core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3010272673bus:Director12023-07-312024-07-31

MMM DEVELOPMENTS (MANCHESTER) LIMITED

Registered Number
10272673
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2024

MMM DEVELOPMENTS (MANCHESTER) LIMITED
Company Information
for the period from 31 July 2023 to 31 July 2024

Director

MCMANUS, Michael

Registered Address

C/O Redstone Accountancy 253 Monton Road
Eccles
Manchester
M30 9PS

Registered Number

10272673 (England and Wales)
MMM DEVELOPMENTS (MANCHESTER) LIMITED
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property4650,000630,000
650,000630,000
Current assets
Debtors40,07341,850
Cash at bank and on hand5,140434
45,21342,284
Creditors amounts falling due within one year5(1,690)(3,217)
Net current assets (liabilities)43,52339,067
Total assets less current liabilities693,523669,067
Creditors amounts falling due after one year6(292,126)(274,324)
Provisions for liabilities7(56,810)(53,010)
Net assets344,587341,733
Capital and reserves
Called up share capital11
Profit and loss account344,586341,732
Shareholders' funds344,587341,733
The financial statements were approved and authorised for issue by the Director on 29 July 2025, and are signed on its behalf by:
MCMANUS, Michael
Director
Registered Company No. 10272673
MMM DEVELOPMENTS (MANCHESTER) LIMITED
Notes to the Financial Statements
for the period ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets
4.Investment property

£
Fair value at 31 July 23630,000
Fair value adjustments20,000
At 31 July 24650,000
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables250-
Taxation and social security-1,777
Accrued liabilities and deferred income1,4401,440
Total1,6903,217
6.Creditors: amounts due after one year

2024

2023

££
Amounts owed to related parties292,126274,324
Total292,126274,324
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)56,81053,010
Total56,81053,010