Company Registration No. 08737510 (England and Wales)
Mechtech Professionals Ltd
Unaudited accounts
for the year ended 31 March 2024
Mechtech Professionals Ltd
Unaudited accounts
Contents
Mechtech Professionals Ltd
Company Information
for the year ended 31 March 2024
Company Number
08737510 (England and Wales)
Registered Office
UNIT B 3-4 DE CLARE COURT 5 SIR ALFRED O
PONTYGWINDY INDUSTRIAL ESTATE
CAERPHILLY
CF83 3HU
WALES
Accountants
Adds Accounting
86 Newport Road
Caldicot
NP26 4BR
Mechtech Professionals Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
240,037
206,557
Debtors
3,312,648
2,289,331
Cash at bank and in hand
29,618
102,479
Creditors: amounts falling due within one year
(2,402,950)
(1,756,587)
Net current assets
939,316
635,223
Total assets less current liabilities
1,179,353
841,780
Provisions for liabilities
Deferred tax
(39,950)
(33,228)
Net assets
1,139,403
808,552
Called up share capital
100
100
Profit and loss account
1,139,303
808,452
Shareholders' funds
1,139,403
808,552
For the year ending 31 March 2024 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 30 June 2024 and were signed on its behalf by
Jonathan Hann
Director
Company Registration No. 08737510
Mechtech Professionals Ltd
Notes to the Accounts
for the year ended 31 March 2024
Mechtech Professionals Ltd is a private company, limited by shares, registered in England and Wales, registration number 08737510. The registered office is UNIT B 3-4 DE CLARE COURT 5 SIR ALFRED O, PONTYGWINDY INDUSTRIAL ESTATE, CAERPHILLY, CF83 3HU, WALES.
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:
Land & buildings
20% straight line
Plant & machinery
20% straight line
Motor vehicles
33% straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2023
18,558
3,272
283,482
28,485
32,020
365,817
Additions
4,388
-
140,340
11,738
6,301
162,767
Disposals
-
-
(83,694)
-
-
(83,694)
At 31 March 2024
22,946
3,272
340,128
40,223
38,321
444,890
At 1 April 2023
8,519
3,272
101,847
22,853
22,769
159,260
Charge for the year
3,918
-
80,595
5,927
6,853
97,293
On disposals
-
-
(51,700)
-
-
(51,700)
At 31 March 2024
12,437
3,272
130,742
28,780
29,622
204,853
At 31 March 2024
10,509
-
209,386
11,443
8,699
240,037
At 31 March 2023
10,039
-
181,635
5,632
9,251
206,557
Mechtech Professionals Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
3,075,786
2,074,694
Amounts due from group undertakings etc.
144,000
150,000
Accrued income and prepayments
89,862
64,637
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
63,483
34,889
Taxes and social security
129,107
142,708
Other creditors
2,156,018
1,523,991
Loans from directors
(133,000)
10,000
7
Average number of employees
During the year the average number of employees was 20 (2023: 18).