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REGISTERED NUMBER: 09891979 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

MMK INSULATION LTD.

MMK INSULATION LTD. (REGISTERED NUMBER: 09891979)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


MMK INSULATION LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr S London
Mrs V E London



REGISTERED OFFICE: 108 Campden Crescent
CLEETHORPES
DN35 7UQ



REGISTERED NUMBER: 09891979 (England and Wales)



ACCOUNTANTS: Smethurst & Co
12 Abbey Road
GRIMSBY
DN32 0HL



BANKERS: HSBC
55 Victoria St S
Grimsby
DN31 1UX

MMK INSULATION LTD. (REGISTERED NUMBER: 09891979)

ABRIDGED BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,510 35,012

CURRENT ASSETS
Debtors 74,685 115,535
Cash at bank 774,701 1,327,351
849,386 1,442,886
CREDITORS
Amounts falling due within one year 113,253 73,179
NET CURRENT ASSETS 736,133 1,369,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

766,643

1,404,719

PROVISIONS FOR LIABILITIES 7,629 8,439
NET ASSETS 759,014 1,396,280

CAPITAL AND RESERVES
Allotted, called up and
fully paid share capital 25 100
Profit and loss account 758,989 1,396,180
SHAREHOLDERS' FUNDS 759,014 1,396,280

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:





Mr S London - Director


MMK INSULATION LTD. (REGISTERED NUMBER: 09891979)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

MMK Insulation 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 20% Reducing Balance
Motor vehicles - 20% Reducing Balance
Computer equipment - 33% Straight Line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 4 (2023 - 3 ) .

MMK INSULATION LTD. (REGISTERED NUMBER: 09891979)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023 63,409
Additions 3,104
At 30 November 2024 66,513
DEPRECIATION
At 1 December 2023 28,397
Charge for year 7,606
At 30 November 2024 36,003
NET BOOK VALUE
At 30 November 2024 30,510
At 30 November 2023 35,012