M.M. Enterprises Limited - Limited company - abbreviated - 11.6

M.M. Enterprises Limited - Limited company - abbreviated - 11.6

M.M. ENTERPRISES LIMITED - Company Information

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REGISTERED NUMBER: 00404158 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

M.M. ENTERPRISES LIMITED

M.M. ENTERPRISES LIMITED (REGISTERED NUMBER: 00404158)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

M.M. ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTOR: M G Miles





SECRETARY: H A Miles





REGISTERED OFFICE: The Knollgate
School Hill
Boxford
Suffolk
CO10 5JT





REGISTERED NUMBER: 00404158 (England and Wales)





ACCOUNTANT: M P Dorling BA(Hons.) ACA ATII
The Firs
Levens Green
Old Hall Green
Ware
Hertfordshire
SG11 1HD
Page 1
M.M. ENTERPRISES LIMITED (REGISTERED NUMBER: 00404158)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 26,159 19,113
Investments 3 500,000 500,000
Investment property 4 1,267,500 1,267,500
1,793,659 1,786,613

CURRENT ASSETS
Debtors 326,002 314,201
Cash at bank 22,996 23,039
348,998 337,240
CREDITORS
Amounts falling due within one year 37,820 44,412
NET CURRENT ASSETS 311,178 292,828
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,104,837
2,079,441

CAPITAL AND RESERVES
Called up share capital 5 144,000 144,000
Revaluation reserve 1,351,264 1,351,264
Profit and loss account 609,573 584,177
SHAREHOLDERS' FUNDS 2,104,837 2,079,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 29 December 2015 and were signed by:




M G Miles - Director


The notes form part of these abbreviated accounts

Page 2
M.M. ENTERPRISES LIMITED (REGISTERED NUMBER: 00404158)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April
2008).

Preparation of consolidated financial statements
The financial statements contain information about M.M. Enterprises Limited as an individual company and do
not contain consolidated financial information as the parent of a group. The company has taken the option under
Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover
Turnover represents net rents receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance and 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Foreign currencies
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 rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 56,588
Additions 16,080
At 31 March 2015 72,668
DEPRECIATION
At 1 April 2014 37,475
Charge for year 9,034
At 31 March 2015 46,509
NET BOOK VALUE
At 31 March 2015 26,159
At 31 March 2014 19,113

Page 3 continued...
M.M. ENTERPRISES LIMITED (REGISTERED NUMBER: 00404158)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 April 2014
and 31 March 2015 500,000
NET BOOK VALUE
At 31 March 2015 500,000
At 31 March 2014 500,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

M M Industries Limited
Nature of business: Inactive
%
Class of shares: holding
Ordinary 100.00
2015 2014
£    £   
Aggregate capital and reserves 473,607 475,867
(Loss)/profit for the year (2,460 ) 24,765

As at 31 March 1992, the directors revalued the company's investment in its subsidiary company at £500,000 and
this was incorporated into the financial statements. The surplus arising of £490,000 was transferred to
revaluation reserve.

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 April 2014
and 31 March 2015 1,267,500
NET BOOK VALUE
At 31 March 2015 1,267,500
At 31 March 2014 1,267,500

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
48,000 Ordinary £1 48,000 48,000
96,000 'A' Ordinary £1 96,000 96,000
144,000 144,000

The 'A' ordinary shares carry no voting rights and their rights as to capital on a winding up are restricted to par
value.

Page 4