IRIS Accounts Production v25.1.4.42 05946498 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059464982023-09-30059464982024-09-30059464982023-10-012024-09-30059464982022-09-30059464982022-10-012023-09-30059464982023-09-3005946498ns15:EnglandWales2023-10-012024-09-3005946498ns14:PoundSterling2023-10-012024-09-3005946498ns10:Director12023-10-012024-09-3005946498ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3005946498ns10:SmallEntities2023-10-012024-09-3005946498ns10:AuditExemptWithAccountantsReport2023-10-012024-09-3005946498ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3005946498ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3005946498ns10:FullAccounts2023-10-012024-09-3005946498ns10:Director22023-10-012024-09-3005946498ns10:CompanySecretary12023-10-012024-09-3005946498ns10:RegisteredOffice2023-10-012024-09-3005946498ns5:CurrentFinancialInstruments2024-09-3005946498ns5:CurrentFinancialInstruments2023-09-3005946498ns5:Non-currentFinancialInstruments2024-09-3005946498ns5:Non-currentFinancialInstruments2023-09-3005946498ns5:ShareCapital2024-09-3005946498ns5:ShareCapital2023-09-3005946498ns5:RetainedEarningsAccumulatedLosses2024-09-3005946498ns5:RetainedEarningsAccumulatedLosses2023-09-3005946498ns5:PlantMachinery2023-10-012024-09-3005946498ns5:FurnitureFittings2023-10-012024-09-3005946498ns5:MotorVehicles2023-10-012024-09-3005946498ns5:ComputerEquipment2023-10-012024-09-3005946498ns5:PlantMachinery2023-09-3005946498ns5:FurnitureFittings2023-09-3005946498ns5:MotorVehicles2023-09-3005946498ns5:ComputerEquipment2023-09-3005946498ns5:PlantMachinery2024-09-3005946498ns5:FurnitureFittings2024-09-3005946498ns5:MotorVehicles2024-09-3005946498ns5:ComputerEquipment2024-09-3005946498ns5:PlantMachinery2023-09-3005946498ns5:FurnitureFittings2023-09-3005946498ns5:MotorVehicles2023-09-3005946498ns5:ComputerEquipment2023-09-3005946498ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3005946498ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 05946498 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 September 2024

for

MTE CONSTRUCTION SERVICES LIMITED

MTE CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 05946498)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

MTE CONSTRUCTION SERVICES LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: M T Elliman
Mrs S Elliman





SECRETARY: Mrs S Elliman





REGISTERED OFFICE: 150 Hundred Acre Road
Streetly
Sutton Coldfield
B74 2BH





REGISTERED NUMBER: 05946498 (England and Wales)





ACCOUNTANTS: CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW

MTE CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 05946498)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,489 8,874

CURRENT ASSETS
Debtors 5 627 6,981
Cash at bank 12,952 43,246
13,579 50,227
CREDITORS
Amounts falling due within one year 6 8,407 38,639
NET CURRENT ASSETS 5,172 11,588
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,661

20,462

CREDITORS
Amounts falling due after more than one year 7 (2,486 ) (4,478 )

PROVISIONS FOR LIABILITIES (1,423 ) (1,774 )
NET ASSETS 8,752 14,210

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,652 14,110
SHAREHOLDERS' FUNDS 8,752 14,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:





M T Elliman - Director


MTE CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 05946498)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

MTE Construction Services 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.

The director has agreed not to withdraw his loan to the company in the short term, he therefore considers that the company has adequate resources to continue in business for the foreseeable future. It is therefore appropriate to adopt the going concern basis in preparing these accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance and 15% on reducing balance
Fixtures and fittings - 25% on reducing balance and 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MTE CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 05946498)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 10,525 3,055 18,792 1,144 33,516
Additions - - - 1,097 1,097
Disposals - - - (715 ) (715 )
At 30 September 2024 10,525 3,055 18,792 1,526 33,898
DEPRECIATION
At 1 October 2023 7,348 1,986 14,549 759 24,642
Charge for year 761 161 1,060 346 2,328
Eliminated on disposal - - - (561 ) (561 )
At 30 September 2024 8,109 2,147 15,609 544 26,409
NET BOOK VALUE
At 30 September 2024 2,416 908 3,183 982 7,489
At 30 September 2023 3,177 1,069 4,243 385 8,874

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 627 6,981

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 1,992 2,000
Trade creditors 127 120
Taxation and social security 4,340 19,827
Other creditors 1,948 16,692
8,407 38,639

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 2,486 4,478

8. ULTIMATE CONTROLLING PARTY

The Company is under the control of M Elliman who owns 65% of the issued share capital.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
MTE Construction Services Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MTE Construction Services Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of MTE Construction Services Limited, as a body, in accordance with the terms of our engagement letter dated 13 June 2011. Our work has been undertaken solely to prepare for your approval the financial statements of MTE Construction Services Limited and state those matters that we have agreed to state to the Board of Directors of MTE Construction Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MTE Construction Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MTE Construction Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MTE Construction Services Limited. You consider that MTE Construction Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MTE Construction Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW


23 June 2025