M Tech Networks Limited


1 September 2022 false No description of principal activity Taxfiler 2023.11.1 08170525business:PrivateLimitedCompanyLtd2022-09-012023-08-31 081705252022-08-31 081705252022-09-012023-08-31 08170525business:AuditExemptWithAccountantsReport2022-09-012023-08-31 08170525business:FilletedAccounts2022-09-012023-08-31 081705252023-08-31 081705252022-08-31 08170525core:WithinOneYear2023-08-31 08170525core:WithinOneYear2022-08-31 08170525core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 08170525core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 08170525core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 08170525core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 08170525core:PreviouslyStatedAmount2023-08-31 08170525core:PreviouslyStatedAmount2022-08-31 08170525business:SmallEntities2022-09-012023-08-31 08170525business:Director12022-09-012023-08-31 08170525countries:EnglandWales2022-09-012023-08-31 08170525business:RegisteredOffice2022-09-012023-08-31 081705252021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 08170525 (England and Wales)
M Tech Networks Limited Unaudited accounts for the year ended 31 August 2023
M Tech Networks Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
13,028 
13,028 
Cash at bank and in hand
44 
44 
13,072 
13,072 
Creditors: amounts falling due within one year
(636)
(636)
Net current assets
12,436 
12,436 
Net assets
12,436 
12,436 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,336 
12,336 
Shareholders' funds
12,436 
12,436 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 5 February 2024 and were signed on its behalf by
Costakis Nicolaou Director Company Registration No. 08170525
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M Tech Networks Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
M Tech Networks Limited is a private company, limited by shares, registered in England and Wales, registration number 08170525. The registered office is 21 High Street, Hoddesdon, Herts, EN11 8SX.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
13,028 
13,028 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
156 
156 
Accruals
480 
480 
636 
636 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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