Company Registration No. 08488131 (England and Wales)
M2M Global Solutions Ltd
Unaudited accounts
for the year ended 30 April 2025
M2M Global Solutions Ltd
Unaudited accounts
Contents
M2M Global Solutions Ltd
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
69,519
54,586
Creditors: amounts falling due within one year
(81,812)
(25,459)
Net current assets
39,621
58,243
Total assets less current liabilities
39,621
58,243
Creditors: amounts falling due after more than one year
(21,678)
(21,678)
Called up share capital
100
100
Profit and loss account
17,843
36,465
Shareholders' funds
17,943
36,565
For the year ending 30 April 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 28 April 2026 and were signed on its behalf by
Anis Barbar
Director
Company Registration No. 08488131
M2M Global Solutions Ltd
Notes to the Accounts
for the year ended 30 April 2025
M2M Global Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08488131. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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.
The company recognises income arising from government grants using the performance model.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Amounts falling due within one year
Trade debtors
47,035
25,389
M2M Global Solutions Ltd
Notes to the Accounts
for the year ended 30 April 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,996
9,996
Taxes and social security
15,042
12,861
Other creditors
54,628
711
Loans from directors
242
243
6
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to director
(243)
-
-
(243)
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).