REGISTERED NUMBER: 11775078 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

MTC SECURITY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Copson

REGISTERED OFFICE:

32 Holbrook Lane

Holbrooks

Coventry

CV6 4AB

REGISTERED NUMBER:

11775078 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Tangible assets

4

20,868

14,897

CURRENT ASSETS

Cash at bank

11,349

13,067

CREDITORS

Amounts falling due within one year

5

70,764

66,010

NET CURRENT LIABILITIES

(59,415

)

(52,943

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,547

)

(38,046

)

CREDITORS

Amounts falling due after more than one year

6

1,464

5,481

NET LIABILITIES

(40,011

)

(43,527

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(40,012

)

(43,528

)

(40,011

)

(43,527

)

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

M Copson - Director

1.	STATUTORY INFORMATION

MTC Security 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.

Based on the continuing support of the company's bank, the director is of the opinion the company is a going concern and therefore the accounts have been prepared on this basis.

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.

Fixtures and fittings

-

20% straight line

Motor vehicles

-

25% Straight line

Computer equipment

-

20% straight line

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.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

2,931

33,029

7,101

43,061

Additions

6,133

10,758

499

17,390

At 31 January 2025

9,064

43,787

7,600

60,451

DEPRECIATION

At 1 February 2024

845

21,114

6,205

28,164

Charge for year

1,813

9,197

409

11,419

At 31 January 2025

2,658

30,311

6,614

39,583

NET BOOK VALUE

At 31 January 2025

6,406

13,476

986

20,868

At 31 January 2024

2,086

11,915

896

14,897

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,328

4,131

Trade creditors

271

106

Taxation and social security

1,758

5,909

Other creditors

64,407

55,864

70,764

66,010

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,464

5,481