REGISTERED NUMBER: 08752928 (England and Wales)

M & M POWER LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R H Morris

A H Morris

E F Morris

Mrs J M Morris

REGISTERED OFFICE:

The Coach House

Pembridge

Leominster

Herefordshire

HR6 9LB

REGISTERED NUMBER:

08752928 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,397,705

1,520,681

1,397,705

1,520,681

CURRENT ASSETS

Stocks

115,000

84,500

Debtors

6

1,235,309

359,849

Cash at bank

349,789

921,012

1,700,098

1,365,361

CREDITORS

Amounts falling due within one year

7

341,343

293,280

NET CURRENT ASSETS

1,358,755

1,072,081

TOTAL ASSETS LESS CURRENT LIABILITIES

2,756,460

2,592,762

PROVISIONS FOR LIABILITIES

282,604

291,171

NET ASSETS

2,473,856

2,301,591

CAPITAL AND RESERVES

Called up share capital

9

3

3

Retained earnings

10

2,473,853

2,301,588

SHAREHOLDERS' FUNDS

2,473,856

2,301,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by:

R H Morris - Director

A H Morris - Director

E F Morris - Director

Mrs J M Morris - Director

1.	STATUTORY INFORMATION

M & M Power Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Amortisation

Formation costs were fully amortised in the first period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property and buildings

-

2% on cost

Long leasehold

-

2% on cost

Digester

-

5% on cost

Plant and machinery

-

20% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

779

AMORTISATION

At 1 April 2024

and 31 March 2025

779

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

property

and

Long

buildings

leasehold

Digester

£

£

£

COST

At 1 April 2024

6,838

11,773

2,016,806

Additions

-

40

-

Disposals

-

-

-

At 31 March 2025

6,838

11,813

2,016,806

DEPRECIATION

At 1 April 2024

1,233

944

952,978

Charge for year

137

237

100,842

Eliminated on disposal

-

-

-

At 31 March 2025

1,370

1,181

1,053,820

NET BOOK VALUE

At 31 March 2025

5,468

10,632

962,986

At 31 March 2024

5,605

10,829

1,063,828

Motor

vehicles

Plant and

and

Computer

machinery

tractors

equipment

Totals

£

£

£

£

COST

At 1 April 2024

822,992

95,000

2,864

2,956,273

Additions

2,365

98,798

950

102,153

Disposals

-

(73,000

)

-

(73,000

)

At 31 March 2025

825,357

120,798

3,814

2,985,426

DEPRECIATION

At 1 April 2024

415,790

61,783

2,864

1,435,592

Charge for year

81,915

22,576

285

205,992

Eliminated on disposal

-

(53,863

)

-

(53,863

)

At 31 March 2025

497,705

30,496

3,149

1,587,721

NET BOOK VALUE

At 31 March 2025

327,652

90,302

665

1,397,705

At 31 March 2024

407,202

33,217

-

1,520,681

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

166,965

Accrued income

1,192,779

145,915

Reimbursements owed by M & M Poultry Ltd

-

919

Directors' current accounts

3,452

11,637

VAT

24,852

16,516

Prepayments and accrued income

14,226

17,897

1,235,309

359,849

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,490

141,796

Tax

168,911

118,276

Directors' current accounts

865

605

Accruals and deferred income

163,077

32,603

341,343

293,280

8.	SECURED DEBTS

HSBC Bank Plc have a fixed and floating charge over all assets.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

300

Ordinary

1p

3

3

10.

RESERVES

Retained

earnings

£

At 1 April 2024

2,301,588

Profit for the year

472,265

Dividends

(300,000

)

At 31 March 2025

2,473,853

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R H Morris

Balance outstanding at start of year

11,637

(477

)

Amounts advanced

42,245

175,400

Amounts repaid

(50,430

)

(163,286

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,452

11,637

12.	RELATED PARTY DISCLOSURES

The directors consider all transactions to have been conducted at market value and accordingly no disclosures have been made.