1 April 2023 false No description of principal activity Taxfiler 2024.6 04037764business:PrivateLimitedCompanyLtd2023-04-012024-03-31 040377642023-03-31 040377642023-04-012024-03-31 04037764business:AuditExemptWithAccountantsReport2023-04-012024-03-31 04037764business:FilletedAccounts2023-04-012024-03-31 040377642024-03-31 04037764business:Director12023-04-012024-03-31 04037764business:Director22023-04-012024-03-31 04037764business:Director32023-04-012024-03-31 04037764business:RegisteredOffice2023-04-012024-03-31 040377642023-03-31 04037764core:WithinOneYear2024-03-31 04037764core:WithinOneYear2023-03-31 04037764core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04037764core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 04037764core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04037764core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 04037764core:PreviouslyStatedAmount2024-03-31 04037764core:PreviouslyStatedAmount2023-03-31 04037764business:SmallEntities2023-04-012024-03-31 04037764countries:EnglandWales2023-04-012024-03-31 04037764core:PlantMachinery2023-04-012024-03-31 04037764core:MotorVehicles2023-04-012024-03-31 04037764core:ComputerEquipment2023-04-012024-03-31 04037764core:PlantMachinery2023-03-31 04037764core:MotorVehicles2023-03-31 04037764core:ComputerEquipment2023-03-31 04037764core:PlantMachinery2024-03-31 04037764core:MotorVehicles2024-03-31 04037764core:ComputerEquipment2024-03-31 04037764core:AfterOneYear2024-03-31 04037764core:AfterOneYear2023-03-31 040377642022-04-012023-03-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
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
- 3 -
MTB Groundwork Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
102,981 
148,404 
Current assets
Debtors
263,690 
29,530 
Cash at bank and in hand
1,483,529 
1,474,261 
1,747,219 
1,503,791 
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 
Capital and reserves
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
- 4 -
MTB Groundwork Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
At 31 March 2024
2,619 
98,829 
1,533 
102,981 
At 31 March 2023
3,492 
142,869 
2,043 
148,404 
- 5 -
MTB Groundwork Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
24,814 
Other debtors
18,666 
4,716 
18,666 
29,530 
Amounts falling due after more than one year
Other debtors
245,024 
- 
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 
Accruals
56,500 
10,000 
226,539 
152,764 
7
Average number of employees
During the year the average number of employees was 8 (2023: 9).
- 6 -