Company Registration No. 12653911 (England and Wales)
Mtv London Ltd
Unaudited accounts
for the year ended 30 June 2023
Mtv London Ltd
Unaudited accounts
Contents
Mtv London Ltd
Company Information
for the year ended 30 June 2023
Director
Vasile VOLOSENIUC
Company Number
12653911 (England and Wales)
Registered Office
53 Ware Point Drive
London
SE28 0HG
England
Accountants
EMILIA ACCOUNTANCY LTD
58
STROUD CREDCENT
LONDON
UK
SW15 3EJ
Mtv London Ltd
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
49,689
Creditors: amounts falling due within one year
(88,785)
Net current liabilities
(13,005)
Total assets less current liabilities
73,602
Creditors: amounts falling due after more than one year
(7,059)
Profit and loss account
66,542
Shareholders' funds
66,543
For the year ending 30 June 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 8 April 2024 and were signed on its behalf by
Vasile VOLOSENIUC
Director
Company Registration No. 12653911
Mtv London Ltd
Notes to the Accounts
for the year ended 30 June 2023
Mtv London Ltd is a private company, limited by shares, registered in England and Wales, registration number 12653911. The registered office is 53 Ware Point Drive, London, SE28 0HG, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
36,000
53,217
89,217
Additions
12,850
12,400
25,250
Disposals
(5,100)
-
(5,100)
At 30 June 2023
43,750
65,617
109,367
At 1 July 2022
7,457
5,340
12,797
Charge for the year
-
9,963
9,963
At 30 June 2023
7,457
15,303
22,760
At 30 June 2023
36,293
50,314
86,607
Mtv London Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
Obligations under finance leases and hire purchase contracts
18,993
Taxes and social security
143,264
Loans from directors
(75,883)
7
Creditors: amounts falling due after more than one year
2023
Taxes and social security
7,059
8
Average number of employees
During the year the average number of employees was 1.