REGISTERED NUMBER: 03295764 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Management Tests & Surveys Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L J Leahy

D J Leahy

SECRETARY:

Mrs L J Leahy

REGISTERED OFFICE:

C/o Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

REGISTERED NUMBER:

03295764 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Tangible assets

4

5,806

6,826

CURRENT ASSETS

Debtors

5

131,675

130,872

Cash at bank

138

11,863

131,813

142,735

CREDITORS

Amounts falling due within one year

6

69,859

93,035

NET CURRENT ASSETS

61,954

49,700

TOTAL ASSETS LESS CURRENT LIABILITIES

67,760

56,526

CREDITORS

Amounts falling due after more than one year

7

(14,240

)

(33,735

)

PROVISIONS FOR LIABILITIES

(1,175

)

(1,175

)

NET ASSETS

52,345

21,616

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

52,245

21,516

SHAREHOLDERS' FUNDS

52,345

21,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Mrs L J Leahy - Director

D J Leahy - Director

1.	STATUTORY INFORMATION

Management Tests & Surveys 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

48,855

110,782

159,637

Additions

-

666

666

At 31 December 2024

48,855

111,448

160,303

DEPRECIATION

At 1 January 2024

46,980

105,831

152,811

Charge for year

282

1,404

1,686

At 31 December 2024

47,262

107,235

154,497

NET BOOK VALUE

At 31 December 2024

1,593

4,213

5,806

At 31 December 2023

1,875

4,951

6,826

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

4,231

DEPRECIATION

At 1 January 2024

2,788

Charge for year

217

At 31 December 2024

3,005

NET BOOK VALUE

At 31 December 2024

1,226

At 31 December 2023

1,443

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

21,293

20,490

Amounts owed by group undertakings

110,382

110,382

131,675

130,872

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

13,745

-

Trade creditors

2,018

828

Tax

28,972

13,437

Social security and other taxes

3,044

(154

)

VAT

11,388

13,207

Other creditors

8,013

7,903

Credit card

148

600

Directors' current accounts

351

55,049

Accrued expenses

2,180

2,165

69,859

93,035

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other loans (see note 8)

14,240

33,735

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

13,745

-

Amounts falling due between one and two years:

Other loans - 1-2 years

14,240

33,735

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 January 2024

21,516

Profit for the year

93,489

Dividends

(62,760

)

At 31 December 2024

52,245