IRIS Accounts Production v25.1.4.42 14361711 director 1.6.24 31.5.25 31.5.25 0 0 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh143617112024-05-31143617112025-05-31143617112024-06-012025-05-31143617112023-05-31143617112023-06-012024-05-31143617112024-05-3114361711ns15:EnglandWales2024-06-012025-05-3114361711ns14:PoundSterling2024-06-012025-05-3114361711ns10:Director12024-06-012025-05-3114361711ns10:PrivateLimitedCompanyLtd2024-06-012025-05-3114361711ns10:SmallEntities2024-06-012025-05-3114361711ns10:AuditExempt-NoAccountantsReport2024-06-012025-05-3114361711ns10:SmallCompaniesRegimeForDirectorsReport2024-06-012025-05-3114361711ns10:SmallCompaniesRegimeForAccounts2024-06-012025-05-3114361711ns10:FullAccounts2024-06-012025-05-311436171112024-06-012025-05-3114361711ns10:OrdinaryShareClass12024-06-012025-05-3114361711ns10:RegisteredOffice2024-06-012025-05-3114361711ns5:CurrentFinancialInstruments2025-05-3114361711ns5:CurrentFinancialInstruments2024-05-3114361711ns5:Non-currentFinancialInstruments2025-05-3114361711ns5:Non-currentFinancialInstruments2024-05-3114361711ns5:ShareCapital2025-05-3114361711ns5:ShareCapital2024-05-3114361711ns5:RetainedEarningsAccumulatedLosses2025-05-3114361711ns5:RetainedEarningsAccumulatedLosses2024-05-3114361711ns5:IntangibleAssetsOtherThanGoodwill2024-06-012025-05-3114361711ns5:NetGoodwill2024-05-3114361711ns5:NetGoodwill2024-06-012025-05-3114361711ns5:NetGoodwill2025-05-3114361711ns5:NetGoodwill2024-05-3114361711ns5:CostValuation2024-05-3114361711ns5:WithinOneYearns5:CurrentFinancialInstruments2025-05-3114361711ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3114361711ns10:OrdinaryShareClass12025-05-31
REGISTERED NUMBER: 14361711 (England and Wales)




































FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

FOR

MTES (HOLDINGS) LTD

MTES (HOLDINGS) LTD (REGISTERED NUMBER: 14361711)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MTES (HOLDINGS) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2025







DIRECTOR: S C Brooks





REGISTERED OFFICE: Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR





REGISTERED NUMBER: 14361711 (England and Wales)





ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR

MTES (HOLDINGS) LTD (REGISTERED NUMBER: 14361711)

BALANCE SHEET
31ST MAY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,260,000 1,330,000
Investments 5 200 200
1,260,200 1,330,200

CURRENT ASSETS
Debtors 6 1 1
Cash at bank 15,348 15,355
15,349 15,356
CREDITORS
Amounts falling due within one year 7 180,229 180,200
NET CURRENT LIABILITIES (164,880 ) (164,844 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,095,320

1,165,356

CREDITORS
Amounts falling due after more than one
year

8

285,000

465,000
NET ASSETS 810,320 700,356

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 810,319 700,355
SHAREHOLDERS' FUNDS 810,320 700,356

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th July 2025 and were signed by:




S C Brooks - Director


MTES (HOLDINGS) LTD (REGISTERED NUMBER: 14361711)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025


1. STATUTORY INFORMATION

MTES (Holdings) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Basic financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

MTES (HOLDINGS) LTD (REGISTERED NUMBER: 14361711)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2025


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st June 2024
and 31st May 2025 1,400,000
AMORTISATION
At 1st June 2024 70,000
Charge for year 70,000
At 31st May 2025 140,000
NET BOOK VALUE
At 31st May 2025 1,260,000
At 31st May 2024 1,330,000

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st June 2024
and 31st May 2025 200
NET BOOK VALUE
At 31st May 2025 200
At 31st May 2024 200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 1 1

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 29 -
Other creditors 180,200 180,200
180,229 180,200

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Other creditors 285,000 465,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1