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Company Registration No. 07996392 (England and Wales)
microTECH Global Ltd Unaudited accounts for the year ended 31 December 2023
microTECH Global Ltd Unaudited accounts Contents
Page
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microTECH Global Ltd Company Information for the year ended 31 December 2023
Directors
Michael Jeremy Dauncey Jaqueline Elizabeth Dauncey Jonathan Michael Dauncey
Company Number
07996392 (England and Wales)
Registered Office
PARK HOUSE PARK STREET MAIDENHEAD BERKSHIRE SL6 1SL
Accountants
I Sumar & Co Ltd 71-75 Shelton Street Covent Garden London WC2H 9JQ
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microTECH Global Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,666 
6,666 
Tangible assets
53,409 
52,463 
60,075 
59,129 
Current assets
Debtors
971,794 
961,875 
Cash at bank and in hand
178,068 
418,745 
1,149,862 
1,380,620 
Creditors: amounts falling due within one year
(583,994)
(802,943)
Net current assets
565,868 
577,677 
Total assets less current liabilities
625,943 
636,806 
Creditors: amounts falling due after more than one year
(29,922)
(39,689)
Net assets
596,021 
597,117 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
595,921 
597,017 
Shareholders' funds
596,021 
597,117 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by
Jonathan Michael Dauncey Director Company Registration No. 07996392
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microTECH Global Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
microTECH Global Ltd is a private company, limited by shares, registered in England and Wales, registration number 07996392. The registered office is PARK HOUSE, PARK STREET, MAIDENHEAD, BERKSHIRE, SL6 1SL.
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: Computer equipment 25% Reducing balance
Motor vehicles
25% Straight Line Method
Fixtures & fittings
25% Straight Line Method
Computer equipment
25% Straight Line Method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
6,666 
At 31 December 2023
6,666 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
6,666 
At 31 December 2022
6,666 
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microTECH Global Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
62,900 
- 
30,859 
93,759 
Additions
- 
7,067 
16,924 
23,991 
At 31 December 2023
62,900 
7,067 
47,783 
117,750 
Depreciation
At 1 January 2023
15,725 
- 
25,571 
41,296 
Charge for the year
15,725 
1,767 
5,553 
23,045 
At 31 December 2023
31,450 
1,767 
31,124 
64,341 
Net book value
At 31 December 2023
31,450 
5,300 
16,659 
53,409 
At 31 December 2022
47,175 
- 
5,288 
52,463 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
942,794 
957,195 
Amounts due from group undertakings etc.
23,483 
- 
Accrued income and prepayments
4,680 
4,680 
Other debtors
837 
- 
971,794 
961,875 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
97,607 
210,724 
Trade creditors
161,544 
75,821 
Taxes and social security
134,960 
207,035 
Other creditors
34,274 
40,027 
Loans from directors
- 
58,385 
Accruals
155,609 
210,951 
583,994 
802,943 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,922 
39,689 
9
Average number of employees
During the year the average number of employees was 22 (2022: 22).
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