M & M Group (Holdings) Ltd - Abbreviated accounts 16.1
M & M Group (Holdings) Ltd - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 March 2016 |
for |
M & M GROUP (HOLDINGS) LTD |
M & M GROUP (HOLDINGS) LTD (REGISTERED NUMBER: 05612138) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 March 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Chartered Certified Accountants' Report | 7 |
M & M GROUP (HOLDINGS) LTD |
Company Information |
for the Year Ended 31 March 2016 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
M & M GROUP (HOLDINGS) LTD (REGISTERED NUMBER: 05612138) |
Abbreviated Balance Sheet |
31 March 2016 |
31.3.16 | 31.3.15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
M & M GROUP (HOLDINGS) LTD (REGISTERED NUMBER: 05612138) |
Abbreviated Balance Sheet - continued |
31 March 2016 |
The financial statements were approved by the Board of Directors on its behalf by: |
M & M GROUP (HOLDINGS) LTD (REGISTERED NUMBER: 05612138) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 March 2016 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance |
with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
Preparation of consolidated financial statements |
The financial statements contain information about M & M Group (Holdings) Ltd 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. |
2. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 April 2015 |
and 31 March 2016 | 107 |
NET BOOK VALUE |
At 31 March 2016 |
At 31 March 2015 |
The company's investments at the Balance Sheet date in the share capital of companies include the |
following: |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 100.00 |
Ordinary "B" | 100.00 |
£ | £ |
Aggregate capital and reserves | 638,843 | 686,071 |
(Loss)/profit for the year | (47,228 | ) | 684,387 |
M & M GROUP (HOLDINGS) LTD (REGISTERED NUMBER: 05612138) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2016 |
2. | FIXED ASSET INVESTMENTS - continued |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 100.00 |
£ | £ |
Aggregate capital and reserves | 1,949,663 | 1,348,203 |
Profit for the year | 601,460 | 390,176 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
value: | £ | £ |
Ordinary A | £1 |
Ordinary B | £1 |
Ordinary C | £1 |
107 | 107 |
The Ordinary "C" shares rank in every respect pari passu with the other shares of the company but |
carry no voting rights. |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 31 March 2016 and |
31 March 2015: |
31.3.16 | 31.3.15 |
£ | £ |
Balance outstanding at start of year | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) |
Balance outstanding at end of year | ( |
) |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Balance outstanding at end of year |
M & M GROUP (HOLDINGS) LTD (REGISTERED NUMBER: 05612138) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2016 |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Balance outstanding at end of year |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Balance outstanding at end of year |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
M & M Group (Holdings) Ltd |
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
pages two to six) have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your |
approval the financial statements of M & M Group (Holdings) Ltd for the year ended 31 March 2016 which |
comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's |
accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the Board of Directors of M & M Group (Holdings) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M & M Group (Holdings) Ltd and state those matters that we have agreed to state to the Board of Directors of M & M Group (Holdings) Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that M & M Group (Holdings) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M & M Group (Holdings) Ltd. You consider that M & M Group (Holdings) Ltd is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of M & M Group (Holdings) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
6 December 2016 |