Company Registration No. 06578652 (England and Wales)
METRES TO MILES LIMITED
Unaudited accounts
for the year ended 31 December 2024
METRES TO MILES LIMITED
Unaudited accounts
Contents
METRES TO MILES LIMITED
Company Information
for the year ended 31 December 2024
Secretary
Julian Moorhouse
Company Number
06578652 (England and Wales)
Registered Office
MERE HOUSE CHURCH STREET
HAXEY
DONCASTER
SOUTH YORKSHIRE
DN9 2JA
Accountants
Accsafe Ltd T/A D&K Accounting
Office 2, The Beehive
Bawtry Hall
Bawtry
South Yorkshire
DN10 6JH
METRES TO MILES LIMITED
Statement of financial position
as at 31 December 2024
Inventories
134,000
115,180
Cash at bank and in hand
2,786
-
Creditors: amounts falling due within one year
(97,258)
(47,694)
Net current assets
39,528
75,362
Total assets less current liabilities
39,974
75,916
Creditors: amounts falling due after more than one year
(37,386)
(73,668)
Called up share capital
2
2
Profit and loss account
2,586
2,246
Shareholders' funds
2,588
2,248
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2025 and were signed on its behalf by
Julian Moorhouse
Director
Company Registration No. 06578652
METRES TO MILES LIMITED
Notes to the Accounts
for the year ended 31 December 2024
METRES TO MILES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06578652. The registered office is MERE HOUSE CHURCH STREET, HAXEY, DONCASTER, SOUTH YORKSHIRE, DN9 2JA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
10% Straight Line Method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
METRES TO MILES LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
5,175
2,958
8,133
At 31 December 2024
5,175
2,958
8,133
At 1 January 2024
4,827
2,752
7,579
Charge for the year
87
21
108
At 31 December 2024
4,914
2,773
7,687
At 31 December 2024
261
185
446
At 31 December 2023
348
206
554
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
42,770
18,445
Trade creditors
57,423
13,148
Taxes and social security
1,908
868
Loans from directors
200
16,160
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).