| Registered Number:11164387 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
MTEK Management Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
MTEK Management Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
157,271
183,101
3
157,271
183,101
| Trade and other receivables |
9,047
10,941
4
2,468
| Cash and cash equivalents |
1,172
12,113
11,515
| Trade and other payables: amounts falling due within one |
| year |
(233,566)
(171,152)
5
(222,051)
(159,039)
Net current liabilities
| Total assets less current liabilities |
(1,768)
(38,950)
(1,768)
Net liabilities
(38,950)
100
100
(1,868)
(39,050)
(1,768)
(38,950)
Shareholders' funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mrs Kerry Haslam Director |
| These financial statements were approved and authorised for issue by the Board on 06 May 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
MTEK Management Ltd
Notes to the Financial Statements
Statutory Information
| MTEK Management Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 11164387. |
Home Farm, High Street
Austerfield
Doncaster
DN10 6QU
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Furniture and Fittings
| 2. Intangible fixed assets |
Goodwill
90,000
90,000
90,000
90,000
-
-
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For the year ended 31 December 2024
MTEK Management Ltd
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
Motor Vehicles
263,731
732
69,653
108,407
84,939
6,446
-
-
6,446
-
114,853
69,653
732
270,177
84,939
| Provision for depreciation and impairment |
80,630
499
22,662
57,469
-
Charge for year
32,276
116
13,931
18,229
-
112,906
615
36,593
75,698
-
84,939
39,155
33,060
117
157,271
84,939
50,938
46,991
233
183,101
| 4. Trade and other receivables |
2023
2024
10,419
8,650
522
397
9,047
10,941
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
872
884
| Taxation and social security |
4,067
4,109
166,213
228,573
171,152
233,566
| 6. Average number of persons employed |
During the year the average number of employees was 5 (2023 : 6)
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