| MMM SERVICES (2000) LIMITED |
| Registered number: |
03885870 |
| Balance Sheet |
| as at 30 April 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
195,824 |
|
|
197,824 |
| Investments |
4 |
|
|
127,841 |
|
|
127,841 |
|
|
|
|
323,665 |
|
|
325,665 |
|
| Current assets |
| Debtors |
5 |
|
100 |
|
|
109 |
| Cash at bank and in hand |
|
|
1,312 |
|
|
1,234 |
|
|
|
1,412 |
|
|
1,343 |
|
| Creditors: amounts falling due within one year |
6 |
|
(87,318) |
|
|
(85,082) |
|
| Net current liabilities |
|
|
|
(85,906) |
|
|
(83,739) |
|
| Total assets less current liabilities |
|
|
|
237,759 |
|
|
241,926 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(2,368) |
|
|
(12,316) |
|
|
|
| Net assets |
|
|
|
235,391 |
|
|
229,610 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Revaluation reserve |
9 |
|
|
1,197 |
|
|
1,197 |
| Profit and loss account |
|
|
|
234,193 |
|
|
228,412 |
|
| Shareholder's funds |
|
|
|
235,391 |
|
|
229,610 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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 M Meswania |
Mrs M Meswania |
| Director |
Director |
|
| Approved by the board on 26 January 2018 |
|
| MMM SERVICES (2000) LIMITED |
| Notes to the Accounts |
| for the year ended 30 April 2017 |
|
|
| 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). |
|
|
|
Turnover |
|
Turnover represents rents receivable. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
2% straight line |
|
Freehold land |
Nil |
|
|
|
Group Accounts |
|
The company is entitled to exemptions under Companies Act 2006 from the obligation to prepare group accounts on the grounds that is a small group. |
|
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Unlisted investments are measured at cost less any accumulated impairment losses as their fair value cannot be measured reliably. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2017 |
|
2016 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost or valuation |
|
At 1 May 2016 |
220,000 |
|
At 30 April 2017 |
220,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2016 |
22,176 |
|
Charge for the year |
2,000 |
|
At 30 April 2017 |
24,176 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2017 |
195,824 |
|
At 30 April 2016 |
197,824 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2017 |
|
2016 |
| £ |
£ |
|
Historical cost |
218,803 |
|
218,803 |
|
Cumulative depreciation based on historical cost |
(22,716) |
|
(20,716) |
|
|
|
|
|
|
241,519 |
|
239,519 |
|
|
| 4 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 May 2016 |
127,841 |
|
|
At 30 April 2017 |
127,841 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Other debtors |
100 |
|
109 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Bank loans and overdrafts |
6,744 |
|
6,271 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
54,560 |
|
43,924 |
|
Corporation tax |
1,935 |
|
1,174 |
|
Other creditors |
24,079 |
|
33,713 |
|
|
|
|
|
|
87,318 |
|
85,082 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Bank loans |
2,368 |
|
12,316 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans |
2017 |
|
2016 |
| £ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
9,112 |
|
18,587 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Revaluation reserve |
2017 |
|
2016 |
| £ |
£ |
|
|
At 1 May 2016 |
1,197 |
|
1,197 |
|
|
At 30 April 2017 |
1,197 |
|
1,197 |
|
|
|
|
|
|
|
|
|
|
| 10 |
Other information |
|
|
MMM SERVICES (2000) LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
33 Claydown Way |
|
Slip End |
|
Luton |
|
Bedfordshire |
|
LU1 1DU |
