REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30th April 2024 |
for |
Modern Paper Technology Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30th April 2024 |
for |
Modern Paper Technology Limited |
Modern Paper Technology Limited (Registered number: 07176994) |
Contents of the Financial Statements |
for the Year Ended 30th April 2024 |
Page |
Company information | 1 |
Abridged statement of financial position | 2 |
Notes to the financial statements | 4 |
Modern Paper Technology Limited |
Company Information |
for the Year Ended 30th April 2024 |
Director: |
Registered office: |
Registered number: |
Accountants: |
Abacus House |
14-18 Forest Road |
Loughton |
Essex |
IG10 1DX |
Modern Paper Technology Limited (Registered number: 07176994) |
Abridged Statement of Financial Position |
30th April 2024 |
2024 | 2023 |
Notes | £ | £ |
Fixed assets |
Tangible assets | 4 |
Investments | 5 |
Current assets |
Debtors |
Cash at bank |
Creditors |
Amounts falling due within one year | ( |
) | ( |
) |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year |
( |
) |
( |
) |
Net (liabilities)/assets | ( |
) |
Capital and reserves |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
Modern Paper Technology Limited (Registered number: 07176994) |
Abridged Statement of Financial Position - continued |
30th April 2024 |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Modern Paper Technology Limited (Registered number: 07176994) |
Notes to the Financial Statements |
for the Year Ended 30th April 2024 |
1. | Statutory information |
Modern Paper Technology Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Tangible fixed assets |
Totals |
£ |
Cost |
At 1st May 2023 |
and 30th April 2024 |
Depreciation |
At 1st May 2023 |
Charge for year |
At 30th April 2024 |
Net book value |
At 30th April 2024 |
At 30th April 2023 |
Modern Paper Technology Limited (Registered number: 07176994) |
Notes to the Financial Statements - continued |
for the Year Ended 30th April 2024 |
5. | Fixed asset investments |
Investments (neither listed nor unlisted) were as follows: |
2024 | 2023 |
£ | £ |
Classic motor vehicles | 102,000 | 102,000 |
6. | Related party disclosures |
As at the balance sheet dated 30th April 2024, the company had non-commercial loans of £114,000 (2023 - £84,000), at 0.1% fixed interest rate per annum from Blue Hydrangea Limited, which is wholly owned by J F Harrington, a director. |