REGISTERED NUMBER: 05745999 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MMP Bath Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N G Chotai

REGISTERED OFFICE:

Unit 2 Pines Way Industrial Estate

Ivo Peters Way

Bath

Somerset

BA2 3QS

REGISTERED NUMBER:

05745999 (England and Wales)

FIXED ASSETS

Intangible assets

4

6,250

9,000

Tangible assets

5

105,406

145,844

111,656

154,844

CURRENT ASSETS

Stocks

16,045

12,668

Debtors

6

131,543

122,304

Cash at bank and in hand

34,908

13,880

182,496

148,852

CREDITORS

Amounts falling due within one year

7

151,249

114,558

NET CURRENT ASSETS

31,247

34,294

TOTAL ASSETS LESS CURRENT LIABILITIES

142,903

189,138

CREDITORS

Amounts falling due after more than one year

8

(25,329

)

(70,643

)

PROVISIONS FOR LIABILITIES

(23,144

)

(27,345

)

NET ASSETS

94,430

91,150

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

94,330

91,050

SHAREHOLDERS' FUNDS

94,430

91,150

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 30 December 2025 and were signed on its behalf by:

N G Chotai - Director

1.	STATUTORY INFORMATION

MMP Bath Limited 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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Goodwill

Goodwill being the amount paid in connection with the acquisition of a business, which is being amortised over its estimated useful life of 20 years.

Franchise fee

Amortisation is calculated so as to write off the cost of the asset, less its estimated residual value, over the useful economic life of the asset, which is over 1 year.

Tangible fixed assets

Depreciation is provided at the following rates in order to write down an assets value over its estimated useful life;

- Leasehold Improvements - 17% straight line basis

- Plant and Machinery - A combination of 20% straight line, 14% straight line and 33% straight line basis.

-Office Equipment - 33% straight line basis

- Fixtures and Fittings - A combination of 10% straight line and 20% straight line basis

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

Goodwill

fee

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

55,000

2,948

57,948

AMORTISATION

At 1 April 2024

46,000

2,948

48,948

Amortisation for year

2,750

-

2,750

At 31 March 2025

48,750

2,948

51,698

NET BOOK VALUE

At 31 March 2025

6,250

-

6,250

At 31 March 2024

9,000

-

9,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

30,910

253,134

11,699

50,654

346,397

Additions

-

7,200

-

158

7,358

At 31 March 2025

30,910

260,334

11,699

50,812

353,755

DEPRECIATION

At 1 April 2024

11,592

140,416

9,443

39,102

200,553

Charge for year

5,152

34,969

588

7,087

47,796

At 31 March 2025

16,744

175,385

10,031

46,189

248,349

NET BOOK VALUE

At 31 March 2025

14,166

84,949

1,668

4,623

105,406

At 31 March 2024

19,318

112,718

2,256

11,552

145,844

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

82,284

76,054

Other debtors

620

-

Prepayments and accrued income

48,639

46,250

131,543

122,304

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

30,000

30,000

Hire purchase contracts

15,110

15,110

Trade creditors

62,091

44,784

Tax

22,234

4,980

Social security and other taxes

5,908

5,725

VAT

5,545

3,533

Pensions

1,431

1,479

Accruals and deferred income

8,930

8,947

151,249

114,558

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

18,419

48,623

Hire purchase contracts

6,910

22,020

25,329

70,643

9.	RELATED PARTY DISCLOSURES

During the year dividends of £24,000 (2024: £45,249) were paid to D J A Ghent, who was a director at the time, and his wife.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Lyongrove Limited, with the ultimate controlling party being N G Chotai.