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Company Registration No. 12565025 (England and Wales)
MTBS Global Limited Annual accounts for the year ended 30 April 2023
MTBS Global Limited Annual accounts Contents
Page
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MTBS Global Limited Company Information for the year ended 30 April 2023
Directors
Musa Jammeh Taimoor Iqbal
Company Number
12565025 (England and Wales)
Registered Office
WW 30 Churchill Place Canary Wharf London E14 5RE United Kingdom
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MTBS Global Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
625,328 
430,763 
Tangible assets
4,590 
2,104 
629,918 
432,867 
Current assets
Inventories
2,205 
3,705 
Debtors
37,980 
108,227 
Cash at bank and in hand
223,609 
111,039 
263,794 
222,971 
Creditors: amounts falling due within one year
(628,772)
(341,613)
Net current liabilities
(364,978)
(118,642)
Net assets
264,940 
314,225 
Capital and reserves
Called up share capital
2,250 
2,250 
Share premium
198,000 
198,000 
Profit and loss account
64,690 
113,975 
Shareholders' funds
264,940 
314,225 
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 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 26 January 2024 and were signed on its behalf by
Musa Jammeh Director Company Registration No. 12565025
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MTBS Global Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
MTBS Global Limited is a private company, limited by shares, registered in England and Wales, registration number 12565025. The registered office is WW 30 Churchill Place, Canary Wharf, London, E14 5RE, 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.
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:
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
483,072 
Additions
237,818 
At 30 April 2023
720,890 
Amortisation
At 1 May 2022
52,309 
Charge for the year
43,253 
At 30 April 2023
95,562 
Net book value
At 30 April 2023
625,328 
At 30 April 2022
430,763 
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MTBS Global Limited Notes to the Accounts for the year ended 30 April 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2022
2,937 
Additions
3,443 
At 30 April 2023
6,380 
Depreciation
At 1 May 2022
833 
Charge for the year
957 
At 30 April 2023
1,790 
Net book value
At 30 April 2023
4,590 
At 30 April 2022
2,104 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,332 
51,839 
Accrued income and prepayments
18,748 
- 
Other debtors
900 
56,388 
37,980 
108,227 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
33,680 
55,736 
Trade creditors
31,108 
46,760 
Taxes and social security
78,204 
31,461 
Other creditors
485,780 
189,637 
Accruals
- 
18,019 
628,772 
341,613 
8
Average number of employees
During the year the average number of employees was 23 (2022: 23).
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