IRIS Accounts Production v23.2.0.158 08945669 director 28.3.22 27.3.23 27.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089456692022-03-27089456692023-03-27089456692022-03-282023-03-27089456692021-03-27089456692021-03-282022-03-27089456692022-03-2708945669ns10:Originalns15:EnglandWales2022-03-282023-03-2708945669ns14:PoundSterlingns10:Original2022-03-282023-03-2708945669ns10:Originalns10:Director12022-03-282023-03-2708945669ns10:Original2022-03-282023-03-2708945669ns10:Original2023-03-2708945669ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-282023-03-2708945669ns10:Originalns10:SmallEntities2022-03-282023-03-2708945669ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-282023-03-2708945669ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-282023-03-2708945669ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-282023-03-2708945669ns10:Originalns10:FullAccounts2022-03-282023-03-2708945669ns10:Originalns10:RegisteredOffice2022-03-282023-03-2708945669ns10:Original2022-03-2708945669ns10:Originalns5:CurrentFinancialInstruments2023-03-2708945669ns10:Originalns5:CurrentFinancialInstruments2022-03-2708945669ns10:Originalns5:Non-currentFinancialInstruments2023-03-2708945669ns10:Originalns5:Non-currentFinancialInstruments2022-03-2708945669ns5:ShareCapitalns10:Original2023-03-2708945669ns5:ShareCapitalns10:Original2022-03-2708945669ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-2708945669ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-2708945669ns10:Originalns5:PlantMachinery2022-03-282023-03-2708945669ns10:Original2021-03-282022-03-2708945669ns10:Originalns5:PlantMachinery2022-03-2708945669ns10:Originalns5:FurnitureFittings2022-03-2708945669ns10:Original2022-03-2708945669ns10:Originalns5:FurnitureFittings2022-03-282023-03-2708945669ns10:Originalns5:PlantMachinery2023-03-2708945669ns10:Originalns5:FurnitureFittings2023-03-2708945669ns10:Originalns5:PlantMachinery2022-03-2708945669ns10:Originalns5:FurnitureFittings2022-03-2708945669ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-2708945669ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-27
REGISTERED NUMBER: 08945669 (England and Wales)















Financial Statements for the Year Ended 27 March 2023

for

Mtj6 Limited

Mtj6 Limited (Registered number: 08945669)






Contents of the Financial Statements
for the Year Ended 27 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mtj6 Limited

Company Information
for the Year Ended 27 March 2023







DIRECTOR: Mr James Donald Slater





REGISTERED OFFICE: 15 Helmsley Street
Bradford
England
BD4 7JY





REGISTERED NUMBER: 08945669 (England and Wales)





ACCOUNTANTS: Abraham Accountants
Sher House
46 Houghton Place
Bradford
West Yorkshire
BD1 3RG

Mtj6 Limited (Registered number: 08945669)

Balance Sheet
27 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 257,685 273,159

CURRENT ASSETS
Stocks 20,010 9,500
Debtors 5 - 50,000
Cash at bank and in hand 100,166 72,594
120,176 132,094
CREDITORS
Amounts falling due within one year 6 (53,542 ) (30,715 )
NET CURRENT ASSETS 66,634 101,379
TOTAL ASSETS LESS CURRENT
LIABILITIES

324,319

374,538

CREDITORS
Amounts falling due after more than
one year

7

(41,717

)

(45,752

)

PROVISIONS FOR LIABILITIES (48,960 ) (50,109 )
NET ASSETS 233,642 278,677

Mtj6 Limited (Registered number: 08945669)

Balance Sheet - continued
27 March 2023

2023 2022
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 233,542 278,577
SHAREHOLDERS' FUNDS 233,642 278,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2024 and were signed by:





Mr James Donald Slater - Director


Mtj6 Limited (Registered number: 08945669)

Notes to the Financial Statements
for the Year Ended 27 March 2023

1. STATUTORY INFORMATION

Mtj6 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Mtj6 Limited (Registered number: 08945669)

Notes to the Financial Statements - continued
for the Year Ended 27 March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 15 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 28 March 2022 119,882 346,796 466,678
Additions 30,000 - 30,000
At 27 March 2023 149,882 346,796 496,678
DEPRECIATION
At 28 March 2022 54,011 139,508 193,519
Charge for year 14,381 31,093 45,474
At 27 March 2023 68,392 170,601 238,993
NET BOOK VALUE
At 27 March 2023 81,490 176,195 257,685
At 27 March 2022 65,871 207,288 273,159

Mtj6 Limited (Registered number: 08945669)

Notes to the Financial Statements - continued
for the Year Ended 27 March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Other debtors - 50,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Trade creditors 18,000 15,263
Taxation and social security 35,542 15,452
53,542 30,715

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2023 2022
£    £   
Other creditors 41,717 45,752