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REGISTERED NUMBER: 04667172 (England and Wales)


Financial Statements for the Year Ended 31 December 2023

for

M & T Wholesale Limited

M & T Wholesale Limited (Registered number: 04667172)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


M & T Wholesale Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr Tejaswir Jagdishbhai Patel
Mr Mahesh Kalubhai Virani





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 04667172 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

M & T Wholesale Limited (Registered number: 04667172)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 76,500 76,500
Property, plant and equipment 5 352 441
76,852 76,941

CURRENT ASSETS
Debtors 6 64,300 81,900
Cash at bank and in hand 9,218 29,534
73,518 111,434
CREDITORS
Amounts falling due within one year 7 156,064 194,629
NET CURRENT LIABILITIES (82,546 ) (83,195 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,694

)

(6,254

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (5,794 ) (6,354 )
SHAREHOLDERS' FUNDS (5,694 ) (6,254 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

M & T Wholesale Limited (Registered number: 04667172)

Statement of Financial Position - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2024 and were signed on its behalf by:





Mr Tejaswir Jagdishbhai Patel - Director


M & T Wholesale Limited (Registered number: 04667172)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

M & T Wholesale Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net value of goods, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 90,000
AMORTISATION
At 1 January 2023
and 31 December 2023 13,500
NET BOOK VALUE
At 31 December 2023 76,500
At 31 December 2022 76,500

M & T Wholesale Limited (Registered number: 04667172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 13,707
DEPRECIATION
At 1 January 2023 13,266
Charge for year 89
At 31 December 2023 13,355
NET BOOK VALUE
At 31 December 2023 352
At 31 December 2022 441

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 64,300 81,900

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 110,363 144,438
Taxation and social security 249 4,039
Other creditors 45,452 46,152
156,064 194,629

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary 1 100 100