Company Registration No. SC692452 (Scotland)
M & M Joinery Services Limited
Unaudited accounts
for the year ended 31 March 2025
M & M Joinery Services Limited
Unaudited accounts
Contents
M & M Joinery Services Limited
Company Information
for the year ended 31 March 2025
Directors
Michael Goddard
Michael Seath
Company Number
SC692452 (Scotland)
Registered Office
C/O CMM Accountancy
The Green House
Beechwood Business Park North
Inverness
IV2 3BL
Accountants
CMM Accountancy (Inverness) Limited
The Green House
Beechwood Business Park North
Inverness
IV2 3BL
M & M Joinery Services Limited
Statement of financial position
as at 31 March 2025
Tangible assets
16,452
20,346
Cash at bank and in hand
1,077
731
Creditors: amounts falling due within one year
(24,974)
(26,448)
Net current assets
18,532
21,791
Total assets less current liabilities
34,984
42,137
Creditors: amounts falling due after more than one year
(13,146)
(6,417)
Provisions for liabilities
Deferred tax
(3,538)
(4,375)
Called up share capital
100
100
Profit and loss account
18,200
31,245
Shareholders' funds
18,300
31,345
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by
Michael Seath
Director
Company Registration No. SC692452
M & M Joinery Services Limited
Notes to the Accounts
for the year ended 31 March 2025
M & M Joinery Services Limited is a private company, limited by shares, registered in Scotland, registration number SC692452. The registered office is C/O CMM Accountancy, The Green House, Beechwood Business Park North, Inverness, IV2 3BL.
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.
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.
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:
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
M & M Joinery Services Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
6,499
19,000
25,499
Additions
1,913
22,843
24,756
Disposals
-
(28,750)
(28,750)
At 31 March 2025
8,412
13,093
21,505
At 1 April 2024
1,986
3,167
5,153
Charge for the year
1,539
3,860
5,399
On disposals
-
(5,499)
(5,499)
At 31 March 2025
3,525
1,528
5,053
At 31 March 2025
4,887
11,565
16,452
At 31 March 2024
4,513
15,833
20,346
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
11,565
15,833
Amounts falling due within one year
Trade debtors
14,256
13,605
Accrued income and prepayments
505
186
Other debtors
27,668
33,717
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
2,542
2,750
Taxes and social security
12,929
21,765
Loans from directors
2,397
796
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
8,896
6,417
M & M Joinery Services Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).