Company Registration No. 12201929 (England and Wales)
MTECH AUTOMOTIVE LTD
Unaudited accounts
for the period from 11 September 2019 to 30 September 2020
MTECH AUTOMOTIVE LTD
Unaudited accounts
Contents
MTECH AUTOMOTIVE LTD
Company Information
for the period from 11 September 2019 to 30 September 2020
Company Number
12201929 (England and Wales)
Registered Office
7 SWORDSMANS ROAD
DEEPCUT
CAMBERLEY
GU16 6GE
UNITED KINGDOM
MTECH AUTOMOTIVE LTD
Statement of financial position
as at 30 September 2020
Cash at bank and in hand
422
Creditors: amounts falling due within one year
(1,155)
Net current liabilities
(733)
Profit and loss account
(734)
For the period ending 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 June 2021 and were signed on its behalf by
Matthew Turner
Director
Company Registration No. 12201929
MTECH AUTOMOTIVE LTD
Notes to the Accounts
for the period from 11 September 2019 to 30 September 2020
MTECH AUTOMOTIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 12201929. The registered office is 7 SWORDSMANS ROAD, DEEPCUT, CAMBERLEY, GU16 6GE, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Creditors: amounts falling due within one year
2020
Loans from directors
1,065
5
Average number of employees
During the period the average number of employees was 1.
