2024-01-01 11164387 2024-12-31 11164387 2024-01-01 2024-12-31 11164387 2023-12-31 11164387 2023-01-01 2023-12-31 11164387 uk-core:WithinOneYear 2023-12-31 11164387 uk-core:WithinOneYear 2024-12-31 11164387 uk-core:ShareCapital 2024-12-31 11164387 uk-core:ShareCapital 2023-12-31 11164387 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 11164387 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 11164387 uk-bus:Director1 2024-01-01 2024-12-31 11164387 uk-core:NetGoodwill 2024-01-01 2024-12-31 11164387 uk-core:PlantMachinery 2024-01-01 2024-12-31 11164387 uk-core:MotorCars 2024-01-01 2024-12-31 11164387 uk-core:ComputerEquipment 2024-01-01 2024-12-31 11164387 uk-core:Goodwill 2023-12-31 11164387 uk-core:Goodwill 2024-12-31 11164387 uk-core:ComputerEquipment 2023-12-31 11164387 uk-core:MotorCars 2023-12-31 11164387 uk-core:PlantMachinery 2023-12-31 11164387 uk-core:Buildings 2023-12-31 11164387 uk-core:Buildings 2024-01-01 2024-12-31 11164387 uk-core:PlantMachinery 2024-12-31 11164387 uk-core:MotorCars 2024-12-31 11164387 uk-core:ComputerEquipment 2024-12-31 11164387 uk-core:Buildings 2024-12-31 iso4217:GBP xbrli:pure 11164387 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11164387 uk-bus:FRS102 2024-01-01 2024-12-31 11164387 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 11164387 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
MTEK Management Ltd
Registered Number:11164387
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
11164387
As at 31 December 2024
MTEK Management Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
157,271
183,101
3
157,271
183,101
Current assets
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)
Capital and reserves
Called up share capital
100
100
Retained earnings
(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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4
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.
Registered address:
Home Farm, High Street
Austerfield
Doncaster
DN10 6QU
The presentation currency is £ sterling.
1. Accounting policies
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
20% Straight line
20% Straight line
Motor Vehicles
20% Straight line
Furniture and Fittings
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 January 2024
90,000
At 31 December 2024
90,000
Amortisation
At 01 January 2024
90,000
At 31 December 2024
90,000
Net book value
At 31 December 2024
-
At 31 December 2023
-
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5
For the year ended 31 December 2024
MTEK Management Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 January 2024
263,731
732
69,653
108,407
84,939
6,446
-
-
6,446
-
Additions
At 31 December 2024
114,853
69,653
732
270,177
84,939
Provision for depreciation and impairment
At 01 January 2024
80,630
499
22,662
57,469
-
Charge for year
32,276
116
13,931
18,229
-
At 31 December 2024
112,906
615
36,593
75,698
-
At 31 December 2024
Net book value
84,939
39,155
33,060
117
157,271
At 31 December 2023
84,939
50,938
46,991
233
183,101
4. Trade and other receivables
2023
2024
£
£
Trade debtors
10,419
8,650
Other debtors
522
397
9,047
10,941
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
872
884
Taxation and social security
4,067
4,109
Other creditors
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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