Mortgage Time Limited Filleted Accounts Cover |
Company No. SC607863 | |||||||||
Mortgage Time Limited Directors Report Registrar |
The Directors present their report and the accounts for the year ended 30 September 2023. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
K. Kelly | |||||||||
C. Wyse | |||||||||
Signed on behalf of the board | |||||||||
K. Kelly | |||||||||
Director | |||||||||
05 March 2024 |
Mortgage Time Limited Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2023 | 2022 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 4 | |||||||||
Current assets | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 6 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 7 | ( | ( | |||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 9 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 05 March 2024 and signed on its behalf by: | ||||||||||
K. Kelly | ||||||||||
Director | ||||||||||
05 March 2024 |
Mortgage Time Limited Notes to the Accounts Registrar |
for the year ended 30 September 2023 | ||||||||||||||
1 | General information | |||||||||||||
Mortgage Time Limited is a private company limited by shares and incorporated in Scotland. | ||||||||||||||
Its registered number is: SC607863 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
3 | Employees | |||||||||||||
2023 | 2022 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Tangible fixed assets | |||||||||||||
Plant and machinery | Total | |||||||||||||
£ | £ | |||||||||||||
Cost or revaluation | ||||||||||||||
At 1 October 2022 | ||||||||||||||
Additions | ||||||||||||||
At 30 September 2023 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 October 2022 | ||||||||||||||
Charge for the year | ||||||||||||||
At 30 September 2023 | ||||||||||||||
Net book values | ||||||||||||||
At 30 September 2023 | ||||||||||||||
At 30 September 2022 | 1,439 | |||||||||||||
5 | Debtors | |||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Trade debtors | ||||||||||||||
Other debtors | ||||||||||||||
6 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Accruals and deferred income | ( | |||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
8 | Share Capital | |||||||||||||
One ordinary share fully paid at £1. | ||||||||||||||
9 | Reserves | |||||||||||||
10 | Dividends | |||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Dividends for the period: | ||||||||||||||
Dividends paid in the period | 50,159 | 66,753 | ||||||||||||
66,753 | ||||||||||||||
Dividends by type: | ||||||||||||||
Equity dividends | ||||||||||||||
50,159 | 66,753 | |||||||||||||