IRIS Accounts Production v25.3.0.601 11194386 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11194386 2024-01-31 11194386 2025-01-31 11194386 2024-02-01 2025-01-31 11194386 2023-01-31 11194386 2023-02-01 2024-01-31 11194386 2024-01-31 11194386 ns15:EnglandWales 2024-02-01 2025-01-31 11194386 ns14:PoundSterling 2024-02-01 2025-01-31 11194386 ns10:Director1 2024-02-01 2025-01-31 11194386 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11194386 ns10:SmallEntities 2024-02-01 2025-01-31 11194386 ns10:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 11194386 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 11194386 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11194386 ns10:FullAccounts 2024-02-01 2025-01-31 11194386 1 2024-02-01 2025-01-31 11194386 ns10:Director2 2024-02-01 2025-01-31 11194386 ns10:RegisteredOffice 2024-02-01 2025-01-31 11194386 ns5:CurrentFinancialInstruments 2025-01-31 11194386 ns5:CurrentFinancialInstruments 2024-01-31 11194386 ns5:Non-currentFinancialInstruments 2025-01-31 11194386 ns5:Non-currentFinancialInstruments 2024-01-31 11194386 ns5:ShareCapital 2025-01-31 11194386 ns5:ShareCapital 2024-01-31 11194386 ns5:SharePremium 2025-01-31 11194386 ns5:SharePremium 2024-01-31 11194386 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 11194386 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 11194386 ns5:IntangibleAssetsOtherThanGoodwill 2024-02-01 2025-01-31 11194386 ns5:ComputerSoftware 2024-02-01 2025-01-31 11194386 ns5:PlantMachinery 2024-02-01 2025-01-31 11194386 ns5:IntangibleAssetsOtherThanGoodwill 2024-01-31 11194386 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-31 11194386 ns5:IntangibleAssetsOtherThanGoodwill 2024-01-31 11194386 ns5:PlantMachinery 2024-01-31 11194386 ns5:PlantMachinery 2025-01-31 11194386 ns5:PlantMachinery 2024-01-31 11194386 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-01-31 11194386 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-02-01 2025-01-31 11194386 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2025-01-31 11194386 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-01-31 11194386 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 11194386 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 11194386 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-01-31 11194386 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-01-31 11194386 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2025-01-31 11194386 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2024-01-31 11194386 ns5:HirePurchaseContracts 2025-01-31 11194386 ns5:HirePurchaseContracts 2024-01-31 11194386 ns5:WithinOneYear 2025-01-31 11194386 ns5:WithinOneYear 2024-01-31 11194386 ns5:BetweenOneFiveYears 2025-01-31 11194386 ns5:BetweenOneFiveYears 2024-01-31 11194386 ns5:AllPeriods 2025-01-31 11194386 ns5:AllPeriods 2024-01-31 11194386 1 ns10:Director1 2024-01-31 11194386 1 ns10:Director1 2023-01-31 11194386 1 ns10:Director1 2024-02-01 2025-01-31 11194386 1 ns10:Director1 2023-02-01 2024-01-31 11194386 1 ns10:Director1 2025-01-31 11194386 1 ns10:Director1 2024-01-31

REGISTERED NUMBER: 11194386 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

MTECH COMMUNICATIONS LIMITED

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Certified Accountants' Report | 9 |

| MTECH COMMUNICATIONS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | M Dunne

| L Matthews

| REGISTERED OFFICE: | Hello House

| 135 Somerford Road

| Christchurch

| Dorset

| BH23 3PY

| REGISTERED NUMBER: | 11194386 (England and Wales)

| ACCOUNTANTS: | LFM

| Chartered Certified Accountants

| The Stables

| 23b Lenten Street

| Alton

| Hampshire

| GU34 1HG

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

BALANCE SHEET

31 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 3,270 |  | 3,810 |  |

Tangible assets | 5 | 845,775 |  | 662,425 |  |

849,045 |  | 666,235 |  |

CURRENT ASSETS

Stocks | 140,724 |  | 335,541 |  |

Debtors | 6 | 1,622,243 |  | 1,219,448 |  |

Cash at bank | 815,753 |  | 472,157 |  |

2,578,720 |  | 2,027,146 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,981,101 |  | 1,718,946 |  |

NET CURRENT ASSETS | 597,619 |  | 308,200 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,446,664 |  | 974,435 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (761,759 | ) | (444,588 | ) |

PROVISIONS FOR LIABILITIES | (67,514 | ) | (35,727 | ) |

NET ASSETS | 617,391 |  | 494,120 |  |

CAPITAL AND RESERVES

Called up share capital | 125 |  | 125 |  |

Share premium | 79,975 |  | 79,975 |  |

Retained earnings | 537,291 |  | 414,020 |  |

SHAREHOLDERS' FUNDS | 617,391 |  | 494,120 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

BALANCE SHEET - continued

31 JANUARY 2025

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 20 October 2025 and were signed on its behalf by:

M Dunne - Director

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Mtech Communications 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.

| Turnover

| Turnover represents network revenue, support revenue, leasing income and systems installations measured at the fair value of the consideration received or receivable for the goods supplied or services rendered, net of returns, discounts and value added taxes. Free periods are amortised over the life of the contract.

| Support revenue is recognised on a straight line basis, over the length of these contracts. Any amount invoiced in advance which cannot be recognised as revenue is included in deferred income at the year end. Free periods of customer support are amortised over the life of the contract.

| Leasing income represents income from leases that do not transfer all the risks and rewards of ownership to the customer and are recognised in turnover on a straight line basis over the period of the lease.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Computer software is being amortised evenly over its estimated useful life of ten years.

| 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.

| Plant and machinery etc | - | 25% on reducing balance and Straight line over 14 years

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 42 (2024 - 36 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 February 2024

| and 31 January 2025 | 5,400 |  |

| AMORTISATION

| At 1 February 2024 | 1,590 |  |

| Charge for year | 540 |  |

| At 31 January 2025 | 2,130 |  |

| NET BOOK VALUE

| At 31 January 2025 | 3,270 |  |

| At 31 January 2024 | 3,810 |  |

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2024 | 939,521 |  |

| Additions | 327,474 |  |

| Disposals | (38,310 | ) |

| At 31 January 2025 | 1,228,685 |  |

| DEPRECIATION

| At 1 February 2024 | 277,096 |  |

| Charge for year | 116,760 |  |

| Eliminated on disposal | (10,946 | ) |

| At 31 January 2025 | 382,910 |  |

| NET BOOK VALUE

| At 31 January 2025 | 845,775 |  |

| At 31 January 2024 | 662,425 |  |

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

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2024 | 154,167 |  |

| Additions | 237,494 |  |

| At 31 January 2025 | 391,661 |  |

| DEPRECIATION

| At 1 February 2024 | 46,096 |  |

| Charge for year | 55,713 |  |

| At 31 January 2025 | 101,809 |  |

| NET BOOK VALUE

| At 31 January 2025 | 289,852 |  |

| At 31 January 2024 | 108,071 |  |

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 417,664 |  | 309,854 |  |

| Other debtors | 1,204,579 |  | 909,594 |  |

1,622,243 |  | 1,219,448 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 256,102 |  | 168,884 |  |

| Hire purchase contracts (see note 9) | 89,906 |  | 27,283 |  |

| Trade creditors | 939,963 |  | 570,922 |  |

| Taxation and social security | 684,664 |  | 882,089 |  |

| Other creditors | 10,466 |  | 69,768 |  |

1,981,101 |  | 1,718,946 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 586,695 |  | 369,711 |  |

| Hire purchase contracts (see note 9) | 175,064 |  | 74,877 |  |

761,759 |  | 444,588 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 89,906 |  | 27,283 |  |

| Between one and five years | 175,064 |  | 74,877 |  |

264,970 |  | 102,160 |  |

MTECH COMMUNICATIONS LIMITED (REGISTERED NUMBER: 11194386) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

9. | LEASING AGREEMENTS - continued

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 33,013 |  | 40,155 |  |

| Between one and five years | - |  | 33,013 |  |

33,013 |  | 73,168 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 | 2024 |

£ | £ |

| M Dunne

| Balance outstanding at start of year | 444,329 |  | 382,427 |  |

| Amounts advanced | 271,679 |  | 249,454 |  |

| Amounts repaid | (103,000 | ) | (187,552 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 613,008 |  | 444,329 |  |

| Interest was charged on the overdrawn balance at a rate of 2.25% per annum to the end of January 2025.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

MTECH COMMUNICATIONS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mtech Communications Limited for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Mtech Communications Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mtech Communications Limited and state those matters that we have agreed to state to the Board of Directors of Mtech Communications Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mtech Communications Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mtech Communications Limited. You consider that Mtech Communications Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mtech Communications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

LFM

Chartered Certified Accountants

The Stables

23b Lenten Street

Alton

Hampshire

GU34 1HG

20 October 2025