M.T.S. Residential Limited - Accounts to registrar (filleted) - small 18.2

M.T.S. Residential Limited - Accounts to registrar (filleted) - small 18.2

M.T.S. RESIDENTIAL LTD. - Company Information

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REGISTERED NUMBER: SC192015 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2018

for

M.T.S. RESIDENTIAL LIMITED
M.T.S. RESIDENTIAL LIMITED (REGISTERED NUMBER: SC192015)






Contents of the Financial Statements
for the Year Ended 31 December 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 4

M.T.S. RESIDENTIAL LIMITED

Company Information
for the Year Ended 31 December 2018







DIRECTOR: H W H McCaffer





SECRETARY: W Russell





REGISTERED OFFICE: 29 Brandon Street
Hamilton
ML3 6DA





REGISTERED NUMBER: SC192015 (Scotland)





ACCOUNTANTS: Sharles CA
29 Brandon Street
Hamilton
ML3 6DA
Page 1
M.T.S. RESIDENTIAL LIMITED (REGISTERED NUMBER: SC192015)

Balance Sheet
31 December 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Cash in hand 2 2

CREDITORS
Amounts falling due within one year 4 215,034 215,034
NET CURRENT LIABILITIES (215,032 ) (215,032 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(215,032
)
(215,032
)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (215,034 ) (215,034 )
SHAREHOLDERS' FUNDS (215,032 ) (215,032 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 September 2019 and were signed by:





H W H McCaffer - Director


The notes form part of these financial statements

Page 2
M.T.S. RESIDENTIAL LIMITED (REGISTERED NUMBER: SC192015)

Notes to the Financial Statements
for the Year Ended 31 December 2018

1. STATUTORY INFORMATION

M.T.S. Residential Limited is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. There were no material departures from the standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, which is dependent on the support of its
related party.The director believes that the related party will continue this support for the foreseeable future. No
adjustments have been made to the financial statements should this support be withdrawn.

The company was dormant throughout the current year and previous year.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Amounts owed to group undertakings 207,825 207,825
Other creditors 7,209 7,209
215,034 215,034

5. RELATED PARTY DISCLOSURES

MTS Residential (Scotland) Ltd has assisted the company with loan monies and has incurred expenses on behalf
of the company. MTS Residential (Scotland) Ltd has one common shareholder. There were no transactions with
this company during the year. The balance due to this company was £207,825 at the year end (2017 - £207,825).

Page 3
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
M.T.S. Residential Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Director are not required to be filed with the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 December 2018 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our engagement. Our work has been
undertaken so that we might compile the financial statements that we have been engaged to compile, report to the
company's director that we have done so, and state those matters that we have agreed to state to him in this report and
for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the company and the company's director, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in
Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the
compilation of financial statements.

You have acknowledged on the Balance Sheet as at 31 December 2018 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.






Sharles CA
29 Brandon Street
Hamilton
ML3 6DA


25 September 2019

This page does not form part of the statutory financial statements

Page 4