MTW Consultancy Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07322144 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

MTW Consultancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M T Waker

SECRETARY:

Mrs A N Waker

REGISTERED OFFICE:

Suite C

2 North Street

Dorking

Surrey

RH4 1DN

REGISTERED NUMBER:

07322144 (England and Wales)

ACCOUNTANTS:

Mapperson Price, Chartered Accountants

Suite C

2 North Street

Dorking

Surrey

RH4 1DN

FIXED ASSETS

Tangible assets

4

41,094

57,848

Investments

5

16,300

15,700

57,394

73,548

CURRENT ASSETS

Debtors

6

25,768

52,751

Cash at bank

48,816

38,099

74,584

90,850

CREDITORS

Amounts falling due within one year

7

98,784

98,829

NET CURRENT LIABILITIES

(24,200

)

(7,979

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

33,194

65,569

CREDITORS

Amounts falling due after more than one
year

8

(23,087

)

(49,445

)

PROVISIONS FOR LIABILITIES

(9,781

)

(15,330

)

NET ASSETS

326

794

CAPITAL AND RESERVES

Called up share capital

300

Retained earnings

26

494

SHAREHOLDERS' FUNDS

326

794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 14 October 2025 and were signed by:

M T Waker - Director

1.	STATUTORY INFORMATION

MTW Consultancy Limited 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 as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

30% on reducing balance and straight line over 3 years

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.

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

87,425

Additions

893

At 30 April 2025

88,318

DEPRECIATION

At 1 May 2024

29,577

Charge for year

17,647

At 30 April 2025

47,224

NET BOOK VALUE

At 30 April 2025

41,094

At 30 April 2024

57,848

5.	FIXED ASSET INVESTMENTS

30.4.25

30.4.24

£

Other investments not loans

16,300

15,700

Additional information is as follows:

Unlisted

investments

£

COST OR VALUATION

At 1 May 2024

4,450

Revaluations

600

At 30 April 2025

5,050

NET BOOK VALUE

At 30 April 2025

5,050

At 30 April 2024

4,450

Cost or valuation at 30 April 2025 is represented by:

Unlisted

investments

£

Valuation in 2020

503

Valuation in 2021

5,351

Valuation in 2022

(804

)

Valuation in 2023

1,300

Valuation in 2024

(1,900

)

Valuation in 2025

600

5,050

If the artworks and bitcoin had not been revalued they would have been included at the following historical cost:

30.4.25

30.4.24

£

Cost

13,050

The artworks and bitcoin were valued on an open market basis on 30 April 2025 by the director .

Investments (neither listed nor unlisted) were as follows:

30.4.25

30.4.24

£

Artwork

10,250

Bitcoin

1,000

11,250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

-

14,220

Other debtors

7,768

5,685

Directors' current accounts

-

32,846

Prepayments and accrued income

18,000

-

25,768

52,751

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

8,519

Hire purchase contracts

18,975

Taxation and social security

69,751

33,335

Other creditors

1,539

38,000

98,784

98,829

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.25

30.4.24

£

Hire purchase contracts

19,075

37,338

Other creditors

4,012

12,107

23,087

49,445

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

M T Waker

Balance outstanding at start of year

32,846

-

Amounts advanced

-

32,846

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

32,846