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Company Registration No. 10756368 (England and Wales)
MM1 ENGINEERING LTD Unaudited accounts for the year ended 31 May 2025
MM1 ENGINEERING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MM1 ENGINEERING LTD Company Information for the year ended 31 May 2025
Directors
Mihai Stelian Mataranga Costela Mataranga
Company Number
10756368 (England and Wales)
Registered Office
Flat 402 Willow House 8 River Barge Close London E14 3PJ
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MM1 ENGINEERING LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
15,112
19,645
Current assets
Debtors
5
252,369
164,463
Cash at bank and in hand
3,881
72,499
256,250
236,962
Creditors: amounts falling due within one year
6
(43,292)
(53,378)
Net current assets
212,958
183,584
Total assets less current liabilities
228,070
203,229
Creditors: amounts falling due after more than one year
7
(27,387)
(33,515)
Net assets
200,683
169,714
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
200,583
169,614
Shareholders' funds
200,683
169,714
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by
Mihai Stelian Mataranga Director Company Registration No. 10756368
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MM1 ENGINEERING LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
MM1 ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 10756368. The registered office is Flat 402 Willow House, 8 River Barge Close, London, E14 3PJ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: straight line
Motor vehicles
Mercedes
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 June 2024
22,667
At 31 May 2025
22,667
Depreciation
At 1 June 2024
3,022
Charge for the year
4,533
At 31 May 2025
7,555
Net book value
At 31 May 2025
15,112
At 31 May 2024
19,645
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MM1 ENGINEERING LTD Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
485
5,027
Trade debtors
32,186
60,762
Accrued income and prepayments
7,350
9,800
Other debtors
212,348
88,874
252,369
164,463
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
43,292
53,378
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
27,387
33,515
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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