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REGISTERED NUMBER: 08438778 (England and Wales)








Unaudited Financial Statements

for the Year Ended

30 September 2024

for

MT Heating & Building Services Limited

MT Heating & Building Services Limited (Registered number: 08438778)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MT Heating & Building Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: M S Tissiman





REGISTERED OFFICE: Goodsgreen Cottage
Arley Lane
Shatterford
Bewdley
Worcestershire
DY12 1RY





REGISTERED NUMBER: 08438778 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

MT Heating & Building Services Limited (Registered number: 08438778)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 115,018 85,823

CURRENT ASSETS
Stocks 25,000 100,000
Debtors 5 350,018 145,332
Cash at bank and in hand 145,667 45,408
520,685 290,740
CREDITORS
Amounts falling due within one year 6 351,796 237,094
NET CURRENT ASSETS 168,889 53,646
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,907

139,469

CREDITORS
Amounts falling due after more than one year 7 (14,756 ) (22,801 )

PROVISIONS FOR LIABILITIES (26,300 ) (16,000 )
NET ASSETS 242,851 100,668

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 242,751 100,568
SHAREHOLDERS' FUNDS 242,851 100,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 15 November 2024 and were signed by:



M S Tissiman - Director


MT Heating & Building Services Limited (Registered number: 08438778)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

MT Heating & Building Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on cost
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

MT Heating & Building Services Limited (Registered number: 08438778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 14,950 81,064 106,454 3,431 205,899
Additions - 30,195 54,103 - 84,298
Disposals - - (6,208 ) - (6,208 )
At 30 September 2024 14,950 111,259 154,349 3,431 283,989
DEPRECIATION
At 1 October 2023 4,052 45,019 67,923 3,082 120,076
Charge for year 1,090 25,385 28,454 174 55,103
Eliminated on disposal - - (6,208 ) - (6,208 )
At 30 September 2024 5,142 70,404 90,169 3,256 168,971
NET BOOK VALUE
At 30 September 2024 9,808 40,855 64,180 175 115,018
At 30 September 2023 10,898 36,045 38,531 349 85,823

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 344,238 140,048
Other debtors 5,780 5,284
350,018 145,332

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 11,272 9,120
Trade creditors 214,842 179,192
Taxation and social security 114,840 42,636
Other creditors 10,842 6,146
351,796 237,094

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 14,756 22,801

MT Heating & Building Services Limited (Registered number: 08438778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
M S Tissiman
Balance outstanding at start of year - 68,343
Amounts repaid - (68,343 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

9. RELATED PARTY DISCLOSURES

At 30 September 2024, the company owed the director £269 (2023 - £301).

The controlling party is M S Tissiman.