Company Registration No. 05497732 (England and Wales)
MTS DISTRIBUTION LIMITED
Unaudited accounts
for the year ended 30 June 2024
MTS DISTRIBUTION LIMITED
Unaudited accounts
Contents
MTS DISTRIBUTION LIMITED
Company Information
for the year ended 30 June 2024
Directors
C J O'DONNELL
MRS S O'DONNELL
Company Number
05497732 (England and Wales)
Registered Office
4 TAVISTOCK COURT
HOUGHTON LE SPRING
TYNE AND WEAR
DH4 4UB
Accountants
PAUL PURDHAM
26 MILLERS HILL
HOUGHTON LE SPRING
TYNE AND WEAR
DH4 7AJ
MTS DISTRIBUTION LIMITED
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
91
91
Creditors: amounts falling due within one year
(18,062)
(20,452)
Net current assets
13,855
12,919
Total assets less current liabilities
13,855
12,919
Creditors: amounts falling due after more than one year
(9,220)
(9,141)
Called up share capital
1
1
Profit and loss account
4,634
3,777
Shareholders' funds
4,635
3,778
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by
C J O'DONNELL
Director
Company Registration No. 05497732
MTS DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 30 June 2024
MTS DISTRIBUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05497732. The registered office is 4 TAVISTOCK COURT, HOUGHTON LE SPRING, TYNE AND WEAR, DH4 4UB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and machinery 25% straight line
Motor vehicles 25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
6,521
3,333
9,854
At 30 June 2024
6,521
3,333
9,854
At 1 July 2023
6,521
3,333
9,854
At 30 June 2024
6,521
3,333
9,854
Amounts falling due within one year
Trade debtors
26,655
26,057
Accrued income and prepayments
500
500
MTS DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,339
13,298
Taxes and social security
3
3
Loans from directors
95
95
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).