2023-06-012024-05-312024-05-31false09061625MTSH LIMITED2025-02-26falseiso4217:GBPxbrli:pure090616252023-06-01090616252024-05-31090616252023-06-012024-05-31090616252022-05-31090616252023-05-31090616252022-05-312023-05-3109061625bus:SmallEntities2023-06-012024-05-3109061625bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3109061625bus:FullAccounts2023-06-012024-05-3109061625bus:PrivateLimitedCompanyLtd2023-06-012024-05-3109061625core:WithinOneYear2024-05-3109061625core:AfterOneYear2024-05-3109061625core:WithinOneYear2023-05-3109061625core:AfterOneYear2023-05-3109061625core:ShareCapital2024-05-3109061625core:SharePremium2024-05-3109061625core:RevaluationReserve2024-05-3109061625core:OtherReservesSubtotal2024-05-3109061625core:RetainedEarningsAccumulatedLosses2024-05-3109061625core:ShareCapital2023-05-3109061625core:SharePremium2023-05-3109061625core:RevaluationReserve2023-05-3109061625core:OtherReservesSubtotal2023-05-3109061625core:RetainedEarningsAccumulatedLosses2023-05-3109061625core:LandBuildings2024-05-3109061625core:PlantMachinery2024-05-3109061625core:Vehicles2024-05-3109061625core:FurnitureFittings2024-05-3109061625core:OfficeEquipment2024-05-3109061625core:NetGoodwill2024-05-3109061625core:IntangibleAssetsOtherThanGoodwill2024-05-3109061625core:ListedExchangeTraded2024-05-3109061625core:UnlistedNon-exchangeTraded2024-05-3109061625core:LandBuildings2023-05-3109061625core:PlantMachinery2023-05-3109061625core:Vehicles2023-05-3109061625core:FurnitureFittings2023-05-3109061625core:OfficeEquipment2023-05-3109061625core:NetGoodwill2023-05-3109061625core:IntangibleAssetsOtherThanGoodwill2023-05-3109061625core:ListedExchangeTraded2023-05-3109061625core:UnlistedNon-exchangeTraded2023-05-3109061625core:LandBuildings2023-06-012024-05-3109061625core:PlantMachinery2023-06-012024-05-3109061625core:Vehicles2023-06-012024-05-3109061625core:FurnitureFittings2023-06-012024-05-3109061625core:OfficeEquipment2023-06-012024-05-3109061625core:NetGoodwill2023-06-012024-05-3109061625core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109061625core:ListedExchangeTraded2023-06-012024-05-3109061625core:UnlistedNon-exchangeTraded2023-06-012024-05-3109061625core:MoreThanFiveYears2023-06-012024-05-3109061625core:Non-currentFinancialInstruments2024-05-3109061625core:Non-currentFinancialInstruments2023-05-3109061625dpl:CostSales2023-06-012024-05-3109061625dpl:DistributionCosts2023-06-012024-05-3109061625core:LandBuildings2023-06-012024-05-3109061625core:PlantMachinery2023-06-012024-05-3109061625core:Vehicles2023-06-012024-05-3109061625core:FurnitureFittings2023-06-012024-05-3109061625core:OfficeEquipment2023-06-012024-05-3109061625dpl:AdministrativeExpenses2023-06-012024-05-3109061625core:NetGoodwill2023-06-012024-05-3109061625core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109061625dpl:GroupUndertakings2023-06-012024-05-3109061625dpl:ParticipatingInterests2023-06-012024-05-3109061625dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3109061625core:ListedExchangeTraded2023-06-012024-05-3109061625dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3109061625core:UnlistedNon-exchangeTraded2023-06-012024-05-3109061625dpl:CostSales2022-05-312023-05-3109061625dpl:DistributionCosts2022-05-312023-05-3109061625core:LandBuildings2022-05-312023-05-3109061625core:PlantMachinery2022-05-312023-05-3109061625core:Vehicles2022-05-312023-05-3109061625core:FurnitureFittings2022-05-312023-05-3109061625core:OfficeEquipment2022-05-312023-05-3109061625dpl:AdministrativeExpenses2022-05-312023-05-3109061625core:NetGoodwill2022-05-312023-05-3109061625core:IntangibleAssetsOtherThanGoodwill2022-05-312023-05-3109061625dpl:GroupUndertakings2022-05-312023-05-3109061625dpl:ParticipatingInterests2022-05-312023-05-3109061625dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-312023-05-3109061625core:ListedExchangeTraded2022-05-312023-05-3109061625dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-312023-05-3109061625core:UnlistedNon-exchangeTraded2022-05-312023-05-3109061625core:NetGoodwill2024-05-3109061625core:IntangibleAssetsOtherThanGoodwill2024-05-3109061625core:LandBuildings2024-05-3109061625core:PlantMachinery2024-05-3109061625core:Vehicles2024-05-3109061625core:FurnitureFittings2024-05-3109061625core:OfficeEquipment2024-05-3109061625core:AfterOneYear2024-05-3109061625core:WithinOneYear2024-05-3109061625core:ListedExchangeTraded2024-05-3109061625core:UnlistedNon-exchangeTraded2024-05-3109061625core:ShareCapital2024-05-3109061625core:SharePremium2024-05-3109061625core:RevaluationReserve2024-05-3109061625core:OtherReservesSubtotal2024-05-3109061625core:RetainedEarningsAccumulatedLosses2024-05-3109061625core:NetGoodwill2023-05-3109061625core:IntangibleAssetsOtherThanGoodwill2023-05-3109061625core:LandBuildings2023-05-3109061625core:PlantMachinery2023-05-3109061625core:Vehicles2023-05-3109061625core:FurnitureFittings2023-05-3109061625core:OfficeEquipment2023-05-3109061625core:AfterOneYear2023-05-3109061625core:WithinOneYear2023-05-3109061625core:ListedExchangeTraded2023-05-3109061625core:UnlistedNon-exchangeTraded2023-05-3109061625core:ShareCapital2023-05-3109061625core:SharePremium2023-05-3109061625core:RevaluationReserve2023-05-3109061625core:OtherReservesSubtotal2023-05-3109061625core:RetainedEarningsAccumulatedLosses2023-05-3109061625core:NetGoodwill2022-05-3109061625core:IntangibleAssetsOtherThanGoodwill2022-05-3109061625core:LandBuildings2022-05-3109061625core:PlantMachinery2022-05-3109061625core:Vehicles2022-05-3109061625core:FurnitureFittings2022-05-3109061625core:OfficeEquipment2022-05-3109061625core:AfterOneYear2022-05-3109061625core:WithinOneYear2022-05-3109061625core:ListedExchangeTraded2022-05-3109061625core:UnlistedNon-exchangeTraded2022-05-3109061625core:ShareCapital2022-05-3109061625core:SharePremium2022-05-3109061625core:RevaluationReserve2022-05-3109061625core:OtherReservesSubtotal2022-05-3109061625core:RetainedEarningsAccumulatedLosses2022-05-3109061625core:AfterOneYear2023-06-012024-05-3109061625core:WithinOneYear2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109061625core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3109061625core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3109061625core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3109061625core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3109061625core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3109061625core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3109061625core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3109061625core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3109061625core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3109061625core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3109061625core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3109061625bus:Director12023-06-012024-05-3109061625bus:Director22023-06-012024-05-31

MTSH LIMITED

Registered Number
09061625
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

MTSH LIMITED
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

HENG, Stella
TIETZE, Matthias Marco

Registered Address

Suite 312 Atlas House
Caxton Close
Wigan
WN3 6XU

Registered Number

09061625 (England and Wales)
MTSH LIMITED
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Current assets
Debtors30465
Cash at bank and on hand1,9248,260
2,2288,325
Creditors amounts falling due within one year5(18)(5,056)
Net current assets (liabilities)2,2103,269
Total assets less current liabilities2,2103,269
Net assets2,2103,269
Capital and reserves
Called up share capital58,00058,000
Profit and loss account(55,790)(54,731)
Shareholders' funds2,2103,269
The financial statements were approved and authorised for issue by the Board of Directors on 26 February 2025, and are signed on its behalf by:
TIETZE, Matthias Marco
Director
Registered Company No. 09061625
MTSH LIMITED
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year00
3.Fixed asset investments
4.Impairment of fixed asset investments
The company's investment in Sports Philosophy Limited has been reviewed for impairment and written down to a value of £nil. The company now conducts little trade and has no substantial assets.
5.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts5-
Taxation and social security135,056
Total185,056
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Share capital
The company's share capital comprises 55,100 (2022: 55,100) Ordinary "A" shares fully paid of £1 each and 2,900 (2022: 2,900) Ordinary "B" shares of £1 each