Company Registration No. 13727157 (England and Wales)
Mti Investments Ltd
Unaudited accounts
for the year ended 30 November 2023
Mti Investments Ltd
Unaudited accounts
Contents
Mti Investments Ltd
Company Information
for the year ended 30 November 2023
Company Number
13727157 (England and Wales)
Mti Investments Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
938,500
251,200
Cash at bank and in hand
3,921
1,000
Creditors: amounts falling due within one year
-
5,183
Net current assets
3,921
6,183
Total assets less current liabilities
942,421
257,383
Creditors: amounts falling due after more than one year
(685,160)
-
Net assets
257,261
257,383
Profit and loss account
257,261
257,383
Shareholders' funds
257,261
257,383
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 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 August 2024 and were signed on its behalf by
Dr Iliyasu Isah
Director
Company Registration No. 13727157
Mti Investments Ltd
Notes to the Accounts
for the year ended 30 November 2023
Mti Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13727157.
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 remained unchanged from the previous year, and also 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.
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
Land & buildings
At 1 December 2022
251,200
At 30 November 2023
938,500
At 30 November 2023
938,500
At 30 November 2022
251,200
5
Creditors: amounts falling due within one year
2023
2022
6
Creditors: amounts falling due after more than one year
2023
2022
Mti Investments Ltd
Notes to the Accounts
for the year ended 30 November 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).