Company Registration No. 12565025 (England and Wales)
MTBS Global Limited
Unaudited accounts
for the year ended 30 April 2024
MTBS Global Limited
Unaudited accounts
Contents
MTBS Global Limited
Company Information
for the year ended 30 April 2024
Directors
Musa Jammeh
Taimoor Iqbal
Company Number
12565025 (England and Wales)
Registered Office
WW 30 Churchill Place
Canary Wharf
London
E14 5RE
United Kingdom
MTBS Global Limited
Statement of financial position
as at 30 April 2024
Intangible assets
589,286
625,330
Tangible assets
8,409
4,590
Cash at bank and in hand
44,912
223,609
Creditors: amounts falling due within one year
(460,422)
(628,771)
Net current liabilities
(412,036)
(364,979)
Net assets
185,659
264,941
Called up share capital
2,250
2,250
Share premium
198,000
198,000
Profit and loss account
(14,591)
64,691
Shareholders' funds
185,659
264,941
For the year ending 30 April 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 23 May 2024 and were signed on its behalf by
Taimoor Iqbal
Director
Company Registration No. 12565025
MTBS Global Limited
Notes to the Accounts
for the year ended 30 April 2024
MTBS Global Limited is a private company, limited by shares, registered in England and Wales, registration number 12565025. The registered office is WW 30 Churchill Place, Canary Wharf, London, E14 5RE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the year
36,044
MTBS Global Limited
Notes to the Accounts
for the year ended 30 April 2024
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
(11,419)
18,332
Accrued income and prepayments
-
18,748
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
103,096
31,108
Taxes and social security
78,715
78,205
Other creditors
226,441
485,778
8
Average number of employees
During the year the average number of employees was 23 (2023: 23).