MTART AGENCY LTD

Company Registration Number:
09652692 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

MTART AGENCY LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

MTART AGENCY LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 21,022 27,543
Investments: 4 1,200,944 1,025,813
Total fixed assets: 1,221,966 1,053,356
Current assets
Stocks: 143,905 121,058
Debtors:   302,759 343,214
Cash at bank and in hand: 232,824 418,203
Investments:   1,594 1,106
Total current assets: 681,082 883,581
Creditors: amounts falling due within one year:   (518,297) (437,943)
Net current assets (liabilities): 162,785 445,638
Total assets less current liabilities: 1,384,751 1,498,994
Total net assets (liabilities): 1,384,751 1,498,994
Capital and reserves
Called up share capital: 141 141
Share premium account: 1,693,907 1,693,848
Revaluation reserve:5895,927783,890
Profit and loss account: (1,205,224) (978,885)
Shareholders funds: 1,384,751 1,498,994

The notes form part of these financial statements

MTART AGENCY LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 June 2025
and signed on behalf of the board by:

Name: Marine Tanguy
Status: Director

The notes form part of these financial statements

MTART AGENCY LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods and services supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows: Plant and machinery - 20% Straight line Fixtures, fittings and equipment - 20% Straight line Computer equipment - 20% Straight line The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

MTART AGENCY LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 11 14

MTART AGENCY LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 42,791
Additions 700
Disposals (992)
At 30 September 2024 42,499
Depreciation
At 01 October 2023 15,248
Charge for year 6,527
On disposals (298)
At 30 September 2024 21,477
Net book value
At 30 September 2024 21,022
At 30 September 2023 27,543

MTART AGENCY LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Fixed investments

Fixed asset investments are held for the purpose of long-term capital appreciation. They are initially measured at cost and subsequently revalued to fair value, where this can be measured reliably. Valuations are performed annually, and changes in fair value are recognised in other comprehensive income and accumulated in a revaluation reserve. Where fair value cannot be reliably measured, investments are carried at cost less impairment.

MTART AGENCY LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Revaluation reserve

2024
£
Balance at 01 October 2023 783,890
Surplus or deficit after revaluation 112,037
Balance at 30 September 2024 895,927

MTART AGENCY LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Post balance sheet events

There have been no significant events affecting the company since the financial year-end.