MT 11 MANAGEMENT LIMITED

Company Registration Number:
08039236 (England and Wales)

Unaudited abridged accounts for the year ended 29 March 2024

Period of accounts

Start date: 31 March 2023

End date: 29 March 2024

MT 11 MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 29 March 2024

Balance sheet
Notes

MT 11 MANAGEMENT LIMITED

Balance sheet

As at 29 March 2024


Notes

2024

11 months to 30 March 2023


£

£
Current assets
Debtors:   11,062,868 11,062,868
Cash at bank and in hand: 17 17
Total current assets: 11,062,885 11,062,885
Creditors: amounts falling due within one year:   (11,066,839) (11,066,839)
Net current assets (liabilities): (3,954) (3,954)
Total assets less current liabilities: (3,954) (3,954)
Creditors: amounts falling due after more than one year:   (30,625) (30,625)
Total net assets (liabilities): (34,579) (34,579)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (34,580) (34,580)
Shareholders funds: (34,579) (34,579)

The notes form part of these financial statements

MT 11 MANAGEMENT LIMITED

Balance sheet statements

For the year ending 29 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 March 2025
and signed on behalf of the board by:

Name: Mr M R Tivey
Status: Director

The notes form part of these financial statements

MT 11 MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

1. Accounting policies

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

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

MT 11 MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2024

2. Employees

2024 11 months to 30 March 2023
Average number of employees during the period 1 1