MT Business Solutions Limited

MT Business Solutions Limited

MT BUSINESS SOLUTIONS LIMITED - Company Information

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1 May 2022 false No description of principal activity Taxfiler 2023.11.1 10708395business:PrivateLimitedCompanyLtd2022-05-012023-04-30 107083952022-04-30 107083952022-05-012023-04-30 10708395business:AuditExempt-NoAccountantsReport2022-05-012023-04-30 10708395business:FilletedAccounts2022-05-012023-04-30 107083952023-04-30 10708395business:Director12022-05-012023-04-30 10708395business:RegisteredOffice2022-05-012023-04-30 107083952022-04-30 10708395core:WithinOneYear2023-04-30 10708395core:WithinOneYear2022-04-30 10708395core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 10708395core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 10708395core:SharePremiumcore:PreviouslyStatedAmount2023-04-30 10708395core:SharePremiumcore:PreviouslyStatedAmount2022-04-30 10708395core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 10708395core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 10708395core:PreviouslyStatedAmount2023-04-30 10708395core:PreviouslyStatedAmount2022-04-30 10708395business:SmallEntities2022-05-012023-04-30 10708395countries:EnglandWales2022-05-012023-04-30 10708395core:ComputerEquipment2022-05-012023-04-30 10708395core:IntangibleAssetsOtherThanGoodwill2022-04-30 10708395core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-30 10708395core:IntangibleAssetsOtherThanGoodwill2023-04-30 10708395core:PlantMachinery2022-04-30 10708395core:ComputerEquipment2022-04-30 10708395core:PlantMachinery2023-04-30 10708395core:ComputerEquipment2023-04-30 107083952021-05-012022-04-30 iso4217:GBP xbrli:pure
Company Registration No. 10708395 (England and Wales)
MT Business Solutions Limited Unaudited accounts for the year ended 30 April 2023
MT Business Solutions Limited Unaudited accounts Contents
Page
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MT Business Solutions Limited Company Information for the year ended 30 April 2023
Director
Taimoor Iqbal
Company Number
10708395 (England and Wales)
Registered Office
WW 30 Churchill Place Canary Wharf London E14 5RE UK
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MT Business Solutions Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
5,000 
5,000 
Tangible assets
5
721 
721 
Investments
6
200,000 
200,000 
205,721 
205,721 
Current assets
Debtors
7
- 
(665)
Cash at bank and in hand
10,581 
14,372 
10,581 
13,707 
Creditors: amounts falling due within one year
8
(174,514)
(142,106)
Net current liabilities
(163,933)
(128,399)
Net assets
41,788 
77,322 
Capital and reserves
Called up share capital
4,000 
4,000 
Share premium
27,000 
27,000 
Profit and loss account
10,788 
46,322 
Shareholders' funds
41,788 
77,322 
For the year ending 30 April 2023 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 26 January 2024 and were signed on its behalf by
Taimoor Iqbal Director Company Registration No. 10708395
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MT Business Solutions Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
MT Business Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 10708395. The registered office is WW 30 Churchill Place, Canary Wharf, London, E14 5RE, UK.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2022
5,000 
Additions
218,845 
Disposals
(218,845)
At 30 April 2023
5,000 
Amortisation
At 1 May 2022
- 
At 30 April 2023
- 
Net book value
At 30 April 2023
5,000 
At 30 April 2022
5,000 
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MT Business Solutions Limited Notes to the Accounts for the year ended 30 April 2023
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
- 
1,201 
1,201 
At 30 April 2023
- 
1,201 
1,201 
Depreciation
At 1 May 2022
480 
- 
480 
At 30 April 2023
480 
- 
480 
Net book value
At 30 April 2023
(480)
1,201 
721 
At 30 April 2022
(480)
1,201 
721 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 May 2022
200,000 
Valuation at 30 April 2023
200,000 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
(665)
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
133,146 
133,673 
Trade creditors
4,288 
5,938 
Other creditors
37,080 
2,495 
174,514 
142,106 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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