Company registration number 04983775 (England and Wales)
MMP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
MMP LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
MMP LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
20,008
20,224
Current assets
Stocks
73,164
68,775
Debtors
171,168
169,185
Cash at bank and in hand
362,536
380,041
606,868
618,001
Creditors: amounts falling due within one year
(230,673)
(226,410)
Net current assets
376,195
391,591
Total assets less current liabilities
396,203
411,815
Creditors: amounts falling due after more than one year
(2,648)
(13,229)
Provisions for liabilities
(3,827)
(3,623)
Net assets
389,728
394,963
Capital and reserves
Called up share capital
19,333
19,333
Profit and loss reserves
370,395
375,630
Total equity
389,728
394,963

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

MMP LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 7 October 2025 and are signed on its behalf by:
Mr P Cobb
Mrs C Dean FCCA
Director
Director
Company registration number 04983775 (England and Wales)
MMP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 3 -
1
Accounting policies
Company information

MMP Limited is a private company limited by shares incorporated in England and Wales. The registered office is 18/20 Canterbury Road, Whitstable, Kent, CT5 4EY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
Not depreciated
Fixtures and fittings
25%
Computers
25%
1.4
Stocks

Work in progress represents unbilled client work at full charge out rate less expected write downs.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

MMP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

MMP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 15 (2024 - 16).

2025
2024
Number
Number
Total
15
16
3
Tangible fixed assets
Total
£
Cost
At 1 May 2024
57,838
Additions
4,657
At 30 April 2025
62,495
Depreciation and impairment
At 1 May 2024
37,614
Depreciation charged in the year
4,873
At 30 April 2025
42,487
Carrying amount
At 30 April 2025
20,008
At 30 April 2024
20,224
2025-04-30 2024-05-01 false false false 07 October 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr P Cobb Mrs Claire Dean 04983775 2024-05-01 2025-04-30 04983775 2025-04-30 04983775 2024-04-30 04983775 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 04983775 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 04983775 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 04983775 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 04983775 core:ShareCapital 2025-04-30 04983775 core:ShareCapital 2024-04-30 04983775 core:RetainedEarningsAccumulatedLosses 2025-04-30 04983775 core:RetainedEarningsAccumulatedLosses 2024-04-30 04983775 bus:Director1 2024-05-01 2025-04-30 04983775 bus:Director2 2024-05-01 2025-04-30 04983775 core:LandBuildings core:LongLeaseholdAssets 2024-05-01 2025-04-30 04983775 core:FurnitureFittings 2024-05-01 2025-04-30 04983775 core:ComputerEquipment 2024-05-01 2025-04-30 04983775 2023-05-01 2024-04-30 04983775 2024-04-30 04983775 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 04983775 bus:FRS102 2024-05-01 2025-04-30 04983775 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 04983775 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 04983775 bus:FullAccounts 2024-05-01 2025-04-30 xbrli:pure xbrli:shares iso4217:GBP