M3 Industries Ltd - Filleted accounts

Registered number

09074453

M3 Industries Ltd

Filleted Accounts

31 March 2025

M3 Industries Ltd
Registered number:		09074453
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		30,435			1,592

Current assets
Debtors	4	81,634			145,888
Cash at bank and in hand		265,373			201,959
		347,007			347,847

Creditors: amounts falling due within one year	5	(48,678)			(47,681)

Net current assets			298,329			300,166

Net assets			328,764			301,758

Capital and reserves
Called up share capital			100			100
Profit and loss account			328,664			301,658

Shareholders' funds			328,764			301,758

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Simon Chislett
Director
Approved by the board on 9 December 2025

M3 Industries Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 3 years
	Fixtures, fittings, tools and equipment			over 3 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2024			7,435		71,524		78,959
	Additions			-		32,088		32,088
	At 31 March 2025			7,435		103,612		111,047

	Depreciation
	At 1 April 2024			7,435		69,932		77,367
	Charge for the year			-		3,245		3,245
	At 31 March 2025			7,435		73,177		80,612

	Net book value
	At 31 March 2025			-		30,435		30,435
	At 31 March 2024			-		1,592		1,592


4	Debtors					2025		2024
£							£

	Trade debtors					74,119		126,612
	Other debtors					7,515		19,276
						81,634		145,888


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					33,780		(39)
	Taxation and social security costs					13,339		45,864
	Other creditors					1,559		1,856
						48,678		47,681


6	Loans to directors
B/fwd			Paid		Repaid		C/fwd
£			£		£		£
	Aaron Smith
	Overdrawn directors loan	-		7,415		-		7,415

		-		7,415		-		7,415


7	Other information

	M3 Industries Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 5 Regent Trading Estate
	Oldfield Rd
	Salford
	Greater Manchester
	M5 4DE