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Company Registration No. 08762139 (England and Wales)
MTS Contracting Limited Unaudited accounts for the year ended 30 November 2024
MTS Contracting Limited Unaudited accounts Contents
Page
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MTS Contracting Limited Company Information for the year ended 30 November 2024
Directors
Mark Smith Susan Lesley Smith
Company Number
08762139 (England and Wales)
Registered Office
4 KINGFISHER RISE STEVENAGE HERTFORDSHIRE SG2 9PF
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MTS Contracting Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,400 
16,211 
Current assets
Debtors
28,247 
44,327 
Cash at bank and in hand
198,004 
161,006 
226,251 
205,333 
Creditors: amounts falling due within one year
(29,056)
(20,014)
Net current assets
197,195 
185,319 
Net assets
233,595 
201,530 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
233,593 
201,528 
Shareholders' funds
233,595 
201,530 
For the year ending 30 November 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
Mark Smith Director Company Registration No. 08762139
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MTS Contracting Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
MTS Contracting Limited is a private company, limited by shares, registered in England and Wales, registration number 08762139. The registered office is 4 KINGFISHER RISE, STEVENAGE, HERTFORDSHIRE, SG2 9PF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
46,278 
29,389 
16,784 
8,617 
101,068 
Additions
- 
35,248 
444 
288 
35,980 
Disposals
- 
(29,389)
- 
- 
(29,389)
At 30 November 2024
46,278 
35,248 
17,228 
8,905 
107,659 
Depreciation
At 1 December 2023
41,063 
25,560 
14,250 
3,984 
84,857 
Charge for the year
1,304 
8,812 
652 
1,194 
11,962 
On disposals
- 
(25,560)
- 
- 
(25,560)
At 30 November 2024
42,367 
8,812 
14,902 
5,178 
71,259 
Net book value
At 30 November 2024
3,911 
26,436 
2,326 
3,727 
36,400 
At 30 November 2023
5,215 
3,829 
2,534 
4,633 
16,211 
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MTS Contracting Limited Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,252 
41,332 
Other debtors
2,995 
2,995 
28,247 
44,327 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
338 
460 
Trade creditors
884 
840 
Taxes and social security
22,044 
15,781 
Other creditors
2,792 
233 
Loans from directors
298 
- 
Accruals
2,700 
2,700 
29,056 
20,014 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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