Eleven M Limited - Filleted accounts

ELEVEN M LTD - Company Information

Print Friendly Version

Registered number

09407017

Eleven M Limited

Unaudited Filleted Accounts

31 March 2023

Foster & Co Ltd

Chartered Accountants

Preston

Eleven M Limited
Registered number:		09407017
Balance Sheet
as at 31 March 2023

Notes			2023			2022
£				£
Fixed assets
Investments	3		300,000			300,000

Current assets
Cash at bank and in hand		100			100

Net current assets			100			100

Net assets			300,100			300,100

Capital and reserves
Called up share capital			300,100			300,100

Shareholders' funds			300,100			300,100

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr AG Mears
Director
Approved by the board on 11 December 2023

Eleven M Limited
Notes to the Accounts
for the year ended 31 March 2023


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees	2023		2022
Number			Number

	Average number of persons employed by the company	1		1

3	Investments

Other
investments
£
	Cost
	At 1 April 2022			300,000

	At 31 March 2023			300,000

	Historical cost
	At 1 April 2022			300,000
	At 31 March 2023			300,000


	The investments represent , at fair value, 12,450 shares of £0.01 held in Thomas Mears Properties Limited, a company in which the director, Mr AG Mears, is a director and shareholder.

4	Other information

	Eleven M Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 16 Eastway Business Village
	Olivers Place
	Fulwood
	Preston
	PR2 9WT