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REGISTERED NUMBER: 06872063 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

MTM SOLUTIONS LTD

MTM SOLUTIONS LTD (REGISTERED NUMBER: 06872063)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


MTM SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr L R Parkinson
Mrs D A Parkinson



REGISTERED OFFICE: 83 Urswick Road
Ulverston
Cumbria
LA12 9LJ



REGISTERED NUMBER: 06872063 (England and Wales)



BANKERS: Starling Bank
5th Floor
London Fruit and Wool Exchange
1 Duval Square
London
E1 6PW

MTM SOLUTIONS LTD (REGISTERED NUMBER: 06872063)

ABRIDGED BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,366 609

CURRENT ASSETS
Debtors 28,514 15,455
Cash at bank 139,179 156,148
167,693 171,603
CREDITORS
Amounts falling due within one year 36,091 35,347
NET CURRENT ASSETS 131,602 136,256
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,968

136,865

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 132,966 136,863
SHAREHOLDERS' FUNDS 132,968 136,865

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

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

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2024 and were signed on its behalf by:




Mr L R Parkinson - Director


MTM SOLUTIONS LTD (REGISTERED NUMBER: 06872063)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

MTM Solutions Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 2,018
Additions 1,573
At 30 April 2024 3,591
DEPRECIATION
At 1 May 2023 1,409
Charge for year 816
At 30 April 2024 2,225
NET BOOK VALUE
At 30 April 2024 1,366
At 30 April 2023 609

MTM SOLUTIONS LTD (REGISTERED NUMBER: 06872063)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 Ordinary £1 1 1
1 A Ordinary £1 1 1
2 2

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

30.4.24 30.4.23
£    £   
Mr L R Parkinson
Balance outstanding at start of year - 49,452
Amounts repaid - (49,452 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -