2023-09-012024-08-312024-08-31false10001672MTUK LIMITED2025-04-29falseiso4217:GBPxbrli:pure100016722023-09-01100016722024-08-31100016722023-09-012024-08-31100016722022-03-01100016722023-08-31100016722022-03-012023-08-3110001672bus:SmallEntities2023-09-012024-08-3110001672bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3110001672bus:FullAccounts2023-09-012024-08-3110001672bus:PrivateLimitedCompanyLtd2023-09-012024-08-3110001672core:WithinOneYear2024-08-3110001672core:AfterOneYear2024-08-3110001672core:WithinOneYear2023-08-3110001672core:AfterOneYear2023-08-3110001672core:ShareCapital2024-08-3110001672core:SharePremium2024-08-3110001672core:RevaluationReserve2024-08-3110001672core:OtherReservesSubtotal2024-08-3110001672core:RetainedEarningsAccumulatedLosses2024-08-3110001672core:ShareCapital2023-08-3110001672core:SharePremium2023-08-3110001672core:RevaluationReserve2023-08-3110001672core:OtherReservesSubtotal2023-08-3110001672core:RetainedEarningsAccumulatedLosses2023-08-3110001672core:LandBuildings2024-08-3110001672core:PlantMachinery2024-08-3110001672core:Vehicles2024-08-3110001672core:FurnitureFittings2024-08-3110001672core:OfficeEquipment2024-08-3110001672core:NetGoodwill2024-08-3110001672core:IntangibleAssetsOtherThanGoodwill2024-08-3110001672core:ListedExchangeTraded2024-08-3110001672core:UnlistedNon-exchangeTraded2024-08-3110001672core:LandBuildings2023-08-3110001672core:PlantMachinery2023-08-3110001672core:Vehicles2023-08-3110001672core:FurnitureFittings2023-08-3110001672core:OfficeEquipment2023-08-3110001672core:NetGoodwill2023-08-3110001672core:IntangibleAssetsOtherThanGoodwill2023-08-3110001672core:ListedExchangeTraded2023-08-3110001672core:UnlistedNon-exchangeTraded2023-08-3110001672core:LandBuildings2023-09-012024-08-3110001672core:PlantMachinery2023-09-012024-08-3110001672core:Vehicles2023-09-012024-08-3110001672core:FurnitureFittings2023-09-012024-08-3110001672core:OfficeEquipment2023-09-012024-08-3110001672core:NetGoodwill2023-09-012024-08-3110001672core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3110001672core:ListedExchangeTraded2023-09-012024-08-3110001672core:UnlistedNon-exchangeTraded2023-09-012024-08-3110001672core:MoreThanFiveYears2023-09-012024-08-3110001672core:Non-currentFinancialInstruments2024-08-3110001672core:Non-currentFinancialInstruments2023-08-3110001672dpl:CostSales2023-09-012024-08-3110001672dpl:DistributionCosts2023-09-012024-08-3110001672core:LandBuildings2023-09-012024-08-3110001672core:PlantMachinery2023-09-012024-08-3110001672core:Vehicles2023-09-012024-08-3110001672core:FurnitureFittings2023-09-012024-08-3110001672core:OfficeEquipment2023-09-012024-08-3110001672dpl:AdministrativeExpenses2023-09-012024-08-3110001672core:NetGoodwill2023-09-012024-08-3110001672core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3110001672dpl:GroupUndertakings2023-09-012024-08-3110001672dpl:ParticipatingInterests2023-09-012024-08-3110001672dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3110001672core:ListedExchangeTraded2023-09-012024-08-3110001672dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3110001672core:UnlistedNon-exchangeTraded2023-09-012024-08-3110001672dpl:CostSales2022-03-012023-08-3110001672dpl:DistributionCosts2022-03-012023-08-3110001672core:LandBuildings2022-03-012023-08-3110001672core:PlantMachinery2022-03-012023-08-3110001672core:Vehicles2022-03-012023-08-3110001672core:FurnitureFittings2022-03-012023-08-3110001672core:OfficeEquipment2022-03-012023-08-3110001672dpl:AdministrativeExpenses2022-03-012023-08-3110001672core:NetGoodwill2022-03-012023-08-3110001672core:IntangibleAssetsOtherThanGoodwill2022-03-012023-08-3110001672dpl:GroupUndertakings2022-03-012023-08-3110001672dpl:ParticipatingInterests2022-03-012023-08-3110001672dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-08-3110001672core:ListedExchangeTraded2022-03-012023-08-3110001672dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-08-3110001672core:UnlistedNon-exchangeTraded2022-03-012023-08-3110001672core:NetGoodwill2024-08-3110001672core:IntangibleAssetsOtherThanGoodwill2024-08-3110001672core:LandBuildings2024-08-3110001672core:PlantMachinery2024-08-3110001672core:Vehicles2024-08-3110001672core:FurnitureFittings2024-08-3110001672core:OfficeEquipment2024-08-3110001672core:AfterOneYear2024-08-3110001672core:WithinOneYear2024-08-3110001672core:ListedExchangeTraded2024-08-3110001672core:UnlistedNon-exchangeTraded2024-08-3110001672core:ShareCapital2024-08-3110001672core:SharePremium2024-08-3110001672core:RevaluationReserve2024-08-3110001672core:OtherReservesSubtotal2024-08-3110001672core:RetainedEarningsAccumulatedLosses2024-08-3110001672core:NetGoodwill2023-08-3110001672core:IntangibleAssetsOtherThanGoodwill2023-08-3110001672core:LandBuildings2023-08-3110001672core:PlantMachinery2023-08-3110001672core:Vehicles2023-08-3110001672core:FurnitureFittings2023-08-3110001672core:OfficeEquipment2023-08-3110001672core:AfterOneYear2023-08-3110001672core:WithinOneYear2023-08-3110001672core:ListedExchangeTraded2023-08-3110001672core:UnlistedNon-exchangeTraded2023-08-3110001672core:ShareCapital2023-08-3110001672core:SharePremium2023-08-3110001672core:RevaluationReserve2023-08-3110001672core:OtherReservesSubtotal2023-08-3110001672core:RetainedEarningsAccumulatedLosses2023-08-3110001672core:NetGoodwill2022-03-0110001672core:IntangibleAssetsOtherThanGoodwill2022-03-0110001672core:LandBuildings2022-03-0110001672core:PlantMachinery2022-03-0110001672core:Vehicles2022-03-0110001672core:FurnitureFittings2022-03-0110001672core:OfficeEquipment2022-03-0110001672core:AfterOneYear2022-03-0110001672core:WithinOneYear2022-03-0110001672core:ListedExchangeTraded2022-03-0110001672core:UnlistedNon-exchangeTraded2022-03-0110001672core:ShareCapital2022-03-0110001672core:SharePremium2022-03-0110001672core:RevaluationReserve2022-03-0110001672core:OtherReservesSubtotal2022-03-0110001672core:RetainedEarningsAccumulatedLosses2022-03-0110001672core:AfterOneYear2023-09-012024-08-3110001672core:WithinOneYear2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:CostValuation2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3110001672core:Non-currentFinancialInstrumentscore:CostValuation2024-08-3110001672core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-08-3110001672core:Non-currentFinancialInstrumentscore:CostValuation2023-08-3110001672core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-3110001672core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-3110001672core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-3110001672core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-3110001672core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-3110001672core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-3110001672core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-3110001672core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-3110001672bus:Director12023-09-012024-08-3110001672bus:Director22023-09-012024-08-31

MTUK LIMITED

Registered Number
10001672
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

MTUK LIMITED
Company Information
for the year from 1 September 2023 to 31 August 2024

Directors

C. E. BAKER
N. E. BAKER

Registered Address

35 Sandyhurst Lane
Ashford
TN25 4NS

Registered Number

10001672 (England and Wales)
MTUK LIMITED
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Current assets
Stocks18,502-
Debtors7762,935
Cash at bank and on hand109,090141,183
128,368144,118
Creditors amounts falling due within one year(7,104)(25,333)
Net current assets (liabilities)121,264118,785
Total assets less current liabilities121,264118,785
Net assets121,264118,785
Capital and reserves
Called up share capital100100
Profit and loss account121,164118,685
Shareholders' funds121,264118,785
The financial statements were approved and authorised for issue by the Board of Directors on 29 April 2025, and are signed on its behalf by:
N. E. BAKER
Director
Registered Company No. 10001672
MTUK LIMITED
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year20