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Company Registration No. NI672913 (Northern Ireland)
MT COMMERCIALS & PLANT LTD Unaudited accounts for the year ended 30 September 2023
MT COMMERCIALS & PLANT LTD Unaudited accounts Contents
Page
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MT COMMERCIALS & PLANT LTD Company Information for the year ended 30 September 2023
Director
MARGARET TONER
Company Number
NI672913 (Northern Ireland)
Registered Office
16A RINGCLARE ROAD NEWRY BT34 1RY UNITED KINGDOM
Accountants
BHP ACCOUNTANTS LTD 5 SUGARHOUSE QUAY NEWRY BT35 6HZ
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MT COMMERCIALS & PLANT LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,046 
1,046 
Current assets
Inventories
20,005 
20,005 
Debtors
31,630 
30,963 
Cash at bank and in hand
378 
729 
52,013 
51,697 
Creditors: amounts falling due within one year
(51,969)
(55,488)
Net current assets/(liabilities)
44 
(3,791)
Net assets/(liabilities)
1,090 
(2,745)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
1,080 
(2,755)
Shareholders' funds
1,090 
(2,745)
For the year ending 30 September 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 June 2024 and were signed on its behalf by
MARGARET TONER Director Company Registration No. NI672913
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MT COMMERCIALS & PLANT LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
MT COMMERCIALS & PLANT LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI672913. The registered office is 16A RINGCLARE ROAD, NEWRY, BT34 1RY, UNITED KINGDOM.
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
These financial statements for the year ended 30 September 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2022
1,046 
At 30 September 2023
1,046 
Depreciation
At 30 September 2023
- 
Net book value
At 30 September 2023
1,046 
At 30 September 2022
1,046 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
31,130 
30,463 
Trade debtors
500 
500 
31,630 
30,963 
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MT COMMERCIALS & PLANT LTD Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
(308)
VAT
26,376 
26,684 
Trade creditors
7,058 
7,060 
Taxes and social security
139 
- 
Loans from directors
17,749 
21,552 
Accruals
647 
500 
51,969 
55,488 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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