Company Registration No. 04037764 (England and Wales)
MTB Groundwork Limited
Unaudited accounts
for the year ended 31 March 2024
MTB Groundwork Limited
Unaudited accounts
Contents
MTB Groundwork Limited
Company Information
for the year ended 31 March 2024
Directors
Mr M Catchpole
Mrs A Catchpole
Mr N Catchpole
Company Number
04037764 (England and Wales)
Registered Office
83 WELLESLEY AVENUE
IVER
BUCKINGHAMSHIRE
SL0 9BP
Accountants
Harden & Co Chartered Certified Accountants
Maelstrom House
Taylors Hill
Chilham
Kent
CT4 8BZ
MTB Groundwork Limited
Statement of financial position
as at 31 March 2024
Tangible assets
102,981
148,404
Cash at bank and in hand
1,483,529
1,474,261
Creditors: amounts falling due within one year
(226,539)
(152,764)
Net current assets
1,520,680
1,351,027
Total assets less current liabilities
1,623,661
1,499,431
Provisions for liabilities
Other provisions
(19,566)
(28,198)
Net assets
1,604,095
1,471,233
Called up share capital
100
100
Profit and loss account
1,603,995
1,471,133
Shareholders' funds
1,604,095
1,471,233
For the year ending 31 March 2024 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 9 December 2024 and were signed on its behalf by
Mr N Catchpole
Director
Company Registration No. 04037764
MTB Groundwork Limited
Notes to the Accounts
for the year ended 31 March 2024
MTB Groundwork Limited is a private company, limited by shares, registered in England and Wales, registration number 04037764. The registered office is 83 WELLESLEY AVENUE, IVER, BUCKINGHAMSHIRE, SL0 9BP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25 % Reducing Balance
Motor vehicles
10 % on cost
Computer equipment
25 % Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
21,000
305,046
3,632
329,678
Disposals
-
(106,277)
-
(106,277)
At 31 March 2024
21,000
198,769
3,632
223,401
At 1 April 2023
17,508
162,177
1,589
181,274
Charge for the year
873
19,876
510
21,259
On disposals
-
(82,113)
-
(82,113)
At 31 March 2024
18,381
99,940
2,099
120,420
At 31 March 2024
2,619
98,829
1,533
102,981
At 31 March 2023
3,492
142,869
2,043
148,404
MTB Groundwork Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
18,666
4,716
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
34,436
30,410
Taxes and social security
69,750
89,365
Other creditors
30,325
299
Loans from directors
35,528
22,690
7
Average number of employees
During the year the average number of employees was 8 (2023: 9).