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Company Registration No. 12341683 (England and Wales)
MODERN INDUSTRIAL TECHNOLOGY GROUP LTD Unaudited accounts for the year ended 30 November 2023
MODERN INDUSTRIAL TECHNOLOGY GROUP LTD Unaudited accounts Contents
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MODERN INDUSTRIAL TECHNOLOGY GROUP LTD Company Information for the year ended 30 November 2023
Director
Kirill AVDEYEV
Company Number
12341683 (England and Wales)
Registered Office
13 John Prince's Street 2nd Floor London W1G 0JR
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MODERN INDUSTRIAL TECHNOLOGY GROUP LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
317,652 
317,652 
Current assets
Debtors
1 
1 
Cash at bank and in hand
22,876 
9,353 
22,877 
9,354 
Creditors: amounts falling due within one year
(19,696)
(6,176)
Net current assets
3,181 
3,178 
Total assets less current liabilities
320,833 
320,830 
Creditors: amounts falling due after more than one year
(326,862)
(330,547)
Net liabilities
(6,029)
(9,717)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,030)
(9,718)
Shareholders' funds
(6,029)
(9,717)
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 27 August 2024 and were signed on its behalf by
Kirill AVDEYEV Director Company Registration No. 12341683
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MODERN INDUSTRIAL TECHNOLOGY GROUP LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
MODERN INDUSTRIAL TECHNOLOGY GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 12341683. The registered office is 13 John Prince's Street, 2nd Floor, London, W1G 0JR.
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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 December 2022
317,652 
Valuation at 30 November 2023
317,652 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1 
1 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
19,696 
6,176 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,210 
12,895 
Other creditors
317,652 
317,652 
326,862 
330,547 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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