Company registration number: 15523427
Annual report and unaudited financial statements
for the year ended 28 February 2026
for
MMC Decorators Limited
Pages for filing with the Registrar
Company registration number: 15523427
MMC Decorators Limited
Balance sheet
as at 28 February 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 40,276 53,029
40,276 53,029
Current assets
Stocks 60,000 61,766
Debtors 48,349 124,856
Cash at bank and in hand 8,224 3,938
116,573 190,560
Creditors: amounts falling due within one year
(79,134) (107,904)
Net current assets 37,439 82,656
Total assets less current liabilities 77,715 135,685
Creditors: Amounts falling due after more than one year
(36,635) (102,300)
NET ASSETS 41,080 33,385
Capital and reserves
Called up share capital 100 100
Profit and loss account 40,980 33,285
TOTAL EQUITY 41,080 33,385
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 15523427
MMC Decorators Limited
Balance sheet - continued
as at 28 February 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr Peter Downes, Director
31 July 2026
2
MMC Decorators Limited
Notes to the financial statements
for the year ended 28 February 2026
1 Company information
MMC Decorators Limited is a private company registered in England and Wales. Its registered number is 15523427. The company is limited by shares. Its registered office is Pembroke Lodge, 3 Pembroke Road, Ruislip, HA4 8NQ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Motor vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
3
MMC Decorators Limited
Notes to the financial statements - continued
for the year ended 28 February 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was Nil (2025 - Nil).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 March 2025 69,915
At 28 February 2026 69,915
Depreciation
At 1 March 2025 16,886
Charge for year 12,753
At 28 February 2026 29,639
Net book value
At 28 February 2026 40,276
At 28 February 2025 53,029
4