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Company Registration No. 08762139 (England and Wales)
MTS Contracting Limited Unaudited accounts for the year ended 30 November 2023
MTS Contracting Limited Unaudited accounts Contents
Page
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MTS Contracting Limited Company Information for the year ended 30 November 2023
Directors
Mark Smith Susan Lesley Smith
Company Number
08762139 (England and Wales)
Registered Office
4 KINGFISHER RISE STEVENAGE HERTFORDSHIRE SG2 9PF
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MTS Contracting Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,211 
18,892 
Current assets
Debtors
44,327 
87,806 
Cash at bank and in hand
161,006 
122,483 
205,333 
210,289 
Creditors: amounts falling due within one year
(20,014)
(43,031)
Net current assets
185,319 
167,258 
Net assets
201,530 
186,150 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
201,528 
186,148 
Shareholders' funds
201,530 
186,150 
For the year ending 30 November 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 14 February 2024 and were signed on its behalf by
Mark Smith Director Company Registration No. 08762139
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MTS Contracting Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
MTS Contracting Limited is a private company, limited by shares, registered in England and Wales, registration number 08762139. The registered office is 4 KINGFISHER RISE, STEVENAGE, HERTFORDSHIRE, SG2 9PF.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
46,278 
29,389 
16,784 
6,353 
98,804 
Additions
- 
- 
- 
2,264 
2,264 
At 30 November 2023
46,278 
29,389 
16,784 
8,617 
101,068 
Depreciation
At 1 December 2022
39,324 
24,282 
13,405 
2,901 
79,912 
Charge for the year
1,739 
1,278 
845 
1,083 
4,945 
At 30 November 2023
41,063 
25,560 
14,250 
3,984 
84,857 
Net book value
At 30 November 2023
5,215 
3,829 
2,534 
4,633 
16,211 
At 30 November 2022
6,954 
5,107 
3,379 
3,452 
18,892 
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MTS Contracting Limited Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
30,280 
Trade debtors
41,332 
57,526 
Other debtors
2,995 
- 
44,327 
87,806 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
460 
3,685 
Trade creditors
840 
9,589 
Taxes and social security
15,781 
(3,104)
Other creditors
233 
161 
Accruals
2,700 
32,700 
20,014 
43,031 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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