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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
Page
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Mti Investments Ltd Company Information for the year ended 30 November 2023
Director
Dr Iliyasu Isah
Company Number
13727157 (England and Wales)
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Mti Investments Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
938,500 
251,200 
Current assets
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 
Capital and reserves
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
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Mti Investments Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 December 2022
251,200 
Additions
687,300 
At 30 November 2023
938,500 
Depreciation
At 30 November 2023
- 
Net book value
At 30 November 2023
938,500 
At 30 November 2022
251,200 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
- 
(5,183)
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
685,160 
- 
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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).
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