MTL EXPRESS LTD

Company Registration Number:
14363978 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

MTL EXPRESS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

MTL EXPRESS LTD

Company Information

for the Period Ended 30 September 2024




Registered office: 52
Chestnut Crescent
Barnsley
England
S70 3NW
Company Registration Number: 14363978 (England and Wales)

MTL EXPRESS LTD

Profit and Loss Account

for the Period Ended 30 September 2024


Notes

2024
£

2023
£
Turnover 1,094,808 276,915
Gross Profit or (Loss) 1,094,808 276,915
Administrative Expenses ( 1,049,571 ) ( 248,320 )
Operating Profit or (Loss) 45,237 28,595
Profit or (Loss) Before Tax 45,237 28,595
Tax on Profit ( 8,595 ) ( 5,971 )
Profit or (Loss) for Period 36,642 22,624

The notes form part of these financial statements

MTL EXPRESS LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 107,518 36,600
Total fixed assets: 107,518 36,600
Current assets
Debtors: 5 21,575
Cash at bank and in hand: 49,902 47,052
Total current assets: 71,477 47,052
Creditors: amounts falling due within one year: 6 ( 110,931 ) ( 39,592 )
Net current assets (liabilities): ( 39,454 ) 7,460
Total assets less current liabilities: 68,064 44,060
Creditors: amounts falling due after more than one year: 7 ( 31,422 ) ( 21,435 )
Total net assets (liabilities): 36,642 22,625

The notes form part of these financial statements

MTL EXPRESS LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 36,641 22,624
Shareholders funds: 36,642 22,625

For the year ending 30 September 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 applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 March 2025
And Signed On Behalf Of The Board By:

Name: Tomasz Zwierzchowski
Status: Director

The notes form part of these financial statements

MTL EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MTL EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

MTL EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

MTL EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 October 2023 44,635 44,635
Additions 94,520 94,520
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 139,155 139,155
Depreciation
At 01 October 2023 8,035 8,035
Charge for year 23,602 23,602
On disposals - -
Other adjustments - -
At 30 September 2024 31,637 31,637
Net book value
At 30 September 2024 107,518 107,518
At 30 September 2023 36,600 36,600

MTL EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors


2024
£

2023
£
Trade debtors 21,575
Total 21,575

MTL EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 52,178
Taxation and social security 35,681 17,570
Other creditors 23,072 22,022
Total 110,931 39,592

MTL EXPRESS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 31,422 21,435
Total 31,422 21,435