Company registration number 12762524 (England and Wales)
MM SPEED LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
MM SPEED LTD
BALANCE SHEET
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2025
2024
£
£
£
£
Fixed assets
603
Current assets
75,236
78,051
Creditors: amounts falling due within one year
(79,706)
(76,105)
Net current (liabilities)/assets
(4,470)
1,946
Total assets less current liabilities
(3,867)
1,946
Accruals and deferred income
(1,375)
(1,140)
Net (liabilities)/assets
(5,242)
806
Capital and reserves
(5,242)
806
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
1
1
MM Speed Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 63 Redfox Avenue, Sutton in Ashfield, Notts, NG17 3LQ.
For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
MM SPEED LTD
BALANCE SHEET (CONTINUED)
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The financial statements were approved by the board of directors and authorised for issue on 24 April 2026 and are signed on its behalf by:
Mr M Iosif
Director
Company registration number 12762524 (England and Wales)
MM SPEED LTD
SCHEDULES TO THE PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2025
2025
2024
£
£
Administrative expenses
Insurance
548
1,199
Computer running costs
360
288
Travelling expenses
652
1,784
Subscriptions
2,517
3,587
Accountancy
3,931
3,615
Bank charges
1,784
621
Entertaining
100
-
Sundry expenses
130
-
Depreciation
105
-
10,127
11,094