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Company Registration No. 14178314 (England and Wales)
MPM Impact Transport Ltd Unaudited accounts for the year ended 30 June 2025
MPM Impact Transport Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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MPM Impact Transport Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
4,769
-
Cash at bank and in hand
1,636
5,877
6,405
5,877
Creditors: amounts falling due within one year
5
(6,335)
(4,791)
Net current assets
70
1,086
Net assets
70
1,086
Capital and reserves
Called up share capital
6
100
100
Profit and loss account
(30)
986
Shareholders' funds
70
1,086
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 March 2026 and were signed on its behalf by
Mr Milen Minchev Director Company Registration No. 14178314
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MPM Impact Transport Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
MPM Impact Transport Ltd is a private company, limited by shares, registered in England and Wales, registration number 14178314. The registered office is 421 WILLINGTON STREET, MAIDSTONE, ME15 8HD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,769
-
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MPM Impact Transport Ltd Notes to the Accounts for the year ended 30 June 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
4,778
4,489
Loans from directors
1,557
302
6,335
4,791
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
Dividends totaling £500 ( 2024 - £2,000) were paid in the year in respect of shares held by the company's director.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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