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Company Registration No. 06479710 (England and Wales)
MTN SOLUTIONS LTD Unaudited accounts for the year ended 31 March 2023
MTN SOLUTIONS LTD Unaudited accounts Contents
Page
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MTN SOLUTIONS LTD Company Information for the year ended 31 March 2023
Director
Mr Jordan Martin
Company Number
06479710 (England and Wales)
Registered Office
WESTFIELD COTTAGE CHURCH ROAD WINKFIELD WINDSOR BERKSHIRE SL4 4SF ENGLAND
Accountants
Ping Accounting Ltd 11a Park Street Camberley Surrey GU15 3PQ
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MTN SOLUTIONS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
49,539 
7,758 
Current assets
Debtors
72,315 
6,037 
Cash at bank and in hand
4,424 
56,842 
76,739 
62,879 
Creditors: amounts falling due within one year
(62,643)
(60,726)
Net current assets
14,096 
2,153 
Total assets less current liabilities
63,635 
9,911 
Creditors: amounts falling due after more than one year
(26,667)
(36,667)
Provisions for liabilities
Deferred tax
(10,549)
(611)
Net assets/(liabilities)
26,419 
(27,367)
Capital and reserves
Called up share capital
75 
75 
Profit and loss account
26,344 
(27,442)
Shareholders' funds
26,419 
(27,367)
For the year ending 31 March 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 1 November 2023 and were signed on its behalf by
Mr Jordan Martin Director Company Registration No. 06479710
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MTN SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
MTN SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 06479710. The registered office is WESTFIELD COTTAGE CHURCH ROAD, WINKFIELD, WINDSOR, BERKSHIRE, SL4 4SF, ENGLAND.
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:
Land & buildings
10% Straight Line
Plant & machinery
25% Straight Line
Motor vehicles
20% Reducing balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
- 
4,491 
11,000 
3,018 
18,509 
Additions
12,342 
2,745 
29,250 
3,077 
47,414 
At 31 March 2023
12,342 
7,236 
40,250 
6,095 
65,923 
Depreciation
At 1 April 2022
- 
2,463 
5,974 
2,314 
10,751 
Charge for the year
823 
926 
2,955 
929 
5,633 
At 31 March 2023
823 
3,389 
8,929 
3,243 
16,384 
Net book value
At 31 March 2023
11,519 
3,847 
31,321 
2,852 
49,539 
At 31 March 2022
- 
2,028 
5,026 
704 
7,758 
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MTN SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,725 
- 
Trade debtors
17,293 
4,643 
Accrued income and prepayments
51,297 
1,394 
72,315 
6,037 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
- 
(4,710)
Trade creditors
35,222 
42,790 
Taxes and social security
16,150 
10,995 
Other creditors
849 
- 
Loans from directors
422 
1,651 
62,643 
60,726 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
26,667 
36,667 
8
Loans to directors
The Director's Loan Account has the following balance: Mr Jordan Martin £30,695. This was paid back by the 6th September 2021.
9
Transactions with related parties
Post year end, there have been transactions with Cutting it Fine Warfield Ltd, a company where the Director and sole Shareholder is married to Jordan Martin, the sole Director and Shareholder of MTN Solutions Ltd. As at the 31st March 2023 there was a nil balance with Cutting it Fine Warfield Ltd.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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