MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Company Registration Number:
03194445 (England and Wales)

Unaudited micro entity accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Company Information

for the Period Ended 31 May 2024




Director: Dr Charles Omorodion
Registered office: First Floor,
21-23 Woodgrange Road
Forest Gate
London
England
E7 8BA
Company Registration Number: 03194445 (England and Wales)

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

Provision of human capital development, community projects, vocational training and support for voluntary and community organisations and SMEs

Political and charitable donations

None

Company policy on the employment of disabled persons

We are an equal opportunity organisation

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Dr Charles Omorodion

This report was approved by the board of directors on 8 January 2025
And Signed On Behalf Of The Board By:

Name: Dr Charles Omorodion
Status: Director

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 May 2024


2024
£

2023
£
Turnover 75,405 47,786
Cost of Materials ( 32,670 ) ( 18,035 )
Staff Costs ( 25,650 ) ( 19,757 )
Depreciation and Writeoffs ( 0 ) -
Other charges ( 17,085 ) ( 9,994 )
Surplus or (Deficit) for Period 0 0

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Balance sheet

As at 31 May 2024


2024
£

2023
£
Fixed Assets: 3,624 3,624
Current assets: 8,750 13,655
Net current assets (liabilities): 8,750 13,655
Total assets less current liabilities: 12,374 17,279
Total net assets (liabilities): 12,374 17,279
Reserves: 12,374 17,279

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Balance sheet continued

For the year ending 31 May 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 8 January 2025
And Signed On Behalf Of The Board By:

Name: Dr Charles Omorodion
Status: Director

The notes form part of these financial statements

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Employee Information

    Average number of employees: 3

MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Off balance sheet disclosure

    No