M & M Commercial Properties Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14651173

M & M Commercial Properties Ltd

Filleted Unaudited Financial Statements

31 March 2026

M & M Commercial Properties Ltd

Financial Statements

Year ended 31 March 2026

Contents	Page

Balance sheet	1

Notes to the financial statements	3

M & M Commercial Properties Ltd

Balance Sheet

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	4		466,823		466,823

Current assets

Debtors	5	172	375
Cash at bank and in hand		11,695	10,245
		--------	--------
		11,867	10,620

Creditors: amounts falling due within one year	6	( 280,459)		( 281,982)
		---------		---------
Net current liabilities			( 268,592)		( 271,362)
			---------		---------
Total assets less current liabilities			198,231		195,461

Creditors: amounts falling due after more than one year	7	( 211,900)	( 222,843)
		---------	---------
Net liabilities		( 13,669)	( 27,382)
		---------	---------

M & M Commercial Properties Ltd

Balance Sheet (continued)

31 March 2026

	2026		2025
Note	£	£	£	£

Capital and reserves

Called up share capital	420	420
Profit and loss account	( 14,089)	( 27,802)
	--------	--------
Shareholders deficit	( 13,669)	( 27,382)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 September 2026 , and are signed on behalf of the board by:

Mr J A Mann

Director

Company registration number: 14651173

M & M Commercial Properties Ltd

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. They have been prepared in sterling, which is the functional currency of the entity.

Going concern

The directors note the net liabilities position of the company. They also note the current and prior year profits after tax. The directors have reviewed the liquidity needs of the company and note that these are covered by current cash reserves and expected future operating cash inflows. Accordingly they continue to adopt the going concern basis of accounting.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Rental income is recognised on a straight-line basis over the lease term.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Investment property

Investment Properties are initially measured at cost, with subsequent measurement at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The fair value is determined annually by the director, on an open market value for existing use basis.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Eligible interest free director loans are measured at transaction price. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Freehold property
	£
Cost
At 1 April 2025 and 31 March 2026	466,823
	---------
Depreciation
At 1 April 2025 and 31 March 2026	–
	---------
Carrying amount
At 31 March 2026	466,823
	---------
At 31 March 2025	466,823
	---------

Included within the above is investment property as follows:

	£
	---------
At 1 April 2025 and 31 March 2026	466,823
	---------

The fair value of the company's investment property at 31 March 2026 has been arrived at on the basis of valuations carried out on that date by the directors. The directors used experience of local property prices and market evidence for sales of similar properties at the time.

5. Debtors

	2026	2025
	£	£
Other debtors	172	375
	----	----

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	10,946	10,076
Trade creditors	18	18
Other creditors	269,495	271,888
	---------	---------
	280,459	281,982
	---------	---------

Bank loans due within one year of £10,946 (2025: £10,076) are secured on the assets of the company.

7. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	211,900	222,843
	---------	---------

Bank loans due after more than one year of £211,900 (2025: £222,843) are secured on the assets of the company.

8. Related party transactions

During the year the company had loans from two companies that are controlled by a director. At the start of the year the company owed £151,203 and at the end of the year the company owed £149,203. These loans are interest free and repayable on demand and are included in other creditors. During the year the company had a loan from a director. At the start and end of the year the company owed the director £116,500. This loan is interest free and repayable on demand and is included in other creditors.