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Company Registration No. 00950565 (England and Wales)
MACHINE TOOL INVESTMENTS LTD Unaudited accounts for the year ended 31 December 2024
MACHINE TOOL INVESTMENTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MACHINE TOOL INVESTMENTS LTD Company Information for the year ended 31 December 2024
Directors
Gregory Hughes James Hughes
Secretary
Derek Parsons
Company Number
00950565 (England and Wales)
Registered Office
THE FELDON MILL LANE ROWINGTON WARWICK CV35 7DQ
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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MACHINE TOOL INVESTMENTS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
5
12,365 
14,273 
Cash at bank and in hand
500,107 
489,883 
512,472 
504,156 
Creditors: amounts falling due within one year
6
(141,389)
(119,750)
Net current assets
371,083 
384,406 
Total assets less current liabilities
371,083 
384,406 
Creditors: amounts falling due after more than one year
7
- 
(14,981)
Net assets
371,083 
369,425 
Capital and reserves
Called up share capital
3,000 
3,000 
Profit and loss account
368,083 
366,425 
Shareholders' funds
371,083 
369,425 
For the year ending 31 December 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 15 September 2025 and were signed on its behalf by
Gregory Hughes Director Company Registration No. 00950565
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MACHINE TOOL INVESTMENTS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MACHINE TOOL INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 00950565. The registered office is THE FELDON MILL LANE, ROWINGTON, WARWICK, CV35 7DQ.
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.
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:
Plant & machinery
20% On Cost
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
22,519 
At 31 December 2024
22,519 
Depreciation
At 1 January 2024
22,519 
At 31 December 2024
22,519 
Net book value
At 31 December 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,365 
14,273 
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MACHINE TOOL INVESTMENTS LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,882 
4,183 
Trade creditors
36,760 
4,823 
Taxes and social security
1,747 
8,545 
Loans from directors
100,000 
102,199 
141,389 
119,750 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
14,981 
8
Transactions with related parties
During the year, the company maintained a loan amounting to £102,199 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
9
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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