MMF BRISTOL LIMITED

MMF BRISTOL LIMITED
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	4	41,289	55,053
		41,289	55,053
Current assets
Stocks		1,196,484	1,129,091
Debtors		248,061	186,256
Cash at bank and in hand		46,572	42,473
		1,491,117	1,357,820
Creditors: amount falling due within one year		(416,892)	(259,132)
Net current assets		1,074,225	1,098,688

Total assets less current liabilities		1,115,514	1,153,741
Creditors: amount falling due after more than one year		(12,732)	(55,139)
Net assets		1,102,782	1,098,602

Capital and reserves
Called up share capital		10	10
Profit and loss account		1,102,772	1,098,592
Shareholders' funds		1,102,782	1,098,602

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 26 September 2025 and were signed on its behalf by:

-------------------------------
Hannah Thackray
Director

MMF BRISTOL LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 December 2024

General Information

MMF BRISTOL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12104478, registration address Unit H, Lakeside Business Park, South Cerney, Gloucestershire, GL7 5XL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Staff Costs

	2024 £	2023 £
Wages and salaries	130,901	191,725
Social security costs	8,298	14,174
Pension costs, defined contribution plan	3,084	4,626
	142,283	210,525

Average number of employees during the year	Number	Number
Sales	4	4
	4	4

3.	Average number of employees Average number of employees during the year was 4 (2023 : 4).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 January 2024	17,167	69,552	86,719
Additions	-	-	-
Disposals	-	-	-
At 31 December 2024	17,167	69,552	86,719
Depreciation
At 01 January 2024	8,227	23,439	31,666
Charge for year	2,235	11,529	13,764
On disposals	-	-	-
At 31 December 2024	10,462	34,968	45,430
Net book values
Closing balance as at 31 December 2024	6,705	34,584	41,289
Opening balance as at 01 January 2024	8,940	46,113	55,053

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2024 £		2023 £		2024 £		2023 £
Colmar Ltd	0		0		0		(35,000)

At the year end there was no loan balance owing to Colmar Limited. (2023 £35,000). This amount was interest free and repayable upon demand.

Registered Number: 12104478
England and Wales
MMF BRISTOL LIMITED

Abridged Accounts

Period of accounts Start date: 01 January 2024 End date: 31 December 2024