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REGISTERED NUMBER: 01942668 (England and Wales)















Audited Financial Statements for the Year Ended 31 December 2024

for

MCT Brattberg Limited

MCT Brattberg Limited (Registered number: 01942668)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MCT Brattberg Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: R A V Bergengren
A M Elliott
J T M Fagerberg



REGISTERED OFFICE: Commerce Street
Carrs Industrial Estate
Haslingden
Lancashire
BB4 5JT



REGISTERED NUMBER: 01942668 (England and Wales)



SENIOR STATUTORY AUDITOR: John L Wild



AUDITORS: PKW Chartered Accountants LLP
Cloth Hall
150 Drake Street
Rochdale
Lancashire
OL16 1PX

MCT Brattberg Limited (Registered number: 01942668)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 368,239 262,771
Investments 5 2 2
368,241 262,773

CURRENT ASSETS
Stocks 6 560,071 571,401
Debtors 7 1,827,673 404,202
Cash at bank and in hand 2,482,631 2,475,682
4,870,375 3,451,285
CREDITORS
Amounts falling due within one year 8 439,267 270,390
NET CURRENT ASSETS 4,431,108 3,180,895
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,799,349

3,443,668

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 4,798,349 3,442,668
SHAREHOLDERS' FUNDS 4,799,349 3,443,668

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by:





A M Elliott - Director


MCT Brattberg Limited (Registered number: 01942668)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

MCT Brattberg Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about MCT Brattberg Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, MCT Brattberg AB, .

Turnover
Turnover represents the value of goods supplied to customers during the year less returns and net of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold buildings - 2% on cost
Improvements to freehold buildings - 10% on cost
Fixtures, fittings and equipment - 10% - 25 % on cost
Motor vehicles - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

MCT Brattberg Limited (Registered number: 01942668)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to fittings
Freehold freehold and Motor
buildings buildings equipment vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 224,058 169,459 128,807 157,039 679,363
Additions - - 39,079 169,532 208,611
Disposals - - (26,301 ) (113,794 ) (140,095 )
At 31 December 2024 224,058 169,459 141,585 212,777 747,879
DEPRECIATION
At 1 January 2024 95,403 111,451 110,148 99,590 416,592
Charge for year 4,480 7,324 13,130 53,194 78,128
Eliminated on disposal - - (26,301 ) (88,779 ) (115,080 )
At 31 December 2024 99,883 118,775 96,977 64,005 379,640
NET BOOK VALUE
At 31 December 2024 124,175 50,684 44,608 148,772 368,239
At 31 December 2023 128,655 58,008 18,659 57,449 262,771

5. FIXED ASSET INVESTMENTS

The investment in a subsidiary company consists of 2 £1 ordinary shares in Lycab Limited, which represent 100% of the issued share capital. Lycab Limited is a dormant company incorporated in England in order to protect a trade name. It has had no transactions during this or the preceding year, and hence no consolidated accounts are required.

6. STOCKS
2024 2023
£    £   
Raw materials 14,886 53,428
Finished goods 545,185 517,973
560,071 571,401

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,733,934 236,957
Amounts owed by group undertakings 3,010 26,138
Other debtors 2,902 6,417
Corporation Tax 23,003 64,617
Prepayments and accrued income 64,824 70,073
1,827,673 404,202

MCT Brattberg Limited (Registered number: 01942668)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Payments on account 2,651 2,651
Trade creditors 26,086 19,309
Amounts owed to group undertakings 69,712 16,389
Social security and other taxes 277,976 120,722
Accruals and deferred income 62,842 111,319
439,267 270,390

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John L Wild (Senior Statutory Auditor)
for and on behalf of PKW Chartered Accountants LLP

11. OTHER FINANCIAL COMMITMENTS

The company has capital commitments of £NIL (2022 - £31,757).

12. ULTIMATE CONTROLLING PARTY



The company is a wholly owned subsidiary of MCT Brattberg AB, Karlskrona, Sweden and the ultimate holding company is AB Futuritas, Karlskrona, Sweden, both of which are incorporated in Sweden and prepare group accounts.