MT UK Solicitors Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of MT UK Solicitors Limited for the year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of MT UK Solicitors Limited for the year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company's accounting records and from information and explanations you have given to us.

As a practising member of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-presentation-of-accounts.

This report is made solely to the directors of MT UK Solicitors Limited , as a body, in accordance with the terms of our engagement letter dated 27 September 2017. Our work has been undertaken solely to prepare for your approval the accounts of MT UK Solicitors Limited and state those matters that we have agreed to state to the directors of MT UK Solicitors Limited , as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-presentation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MT UK Solicitors Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that MT UK Solicitors Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of MT UK Solicitors Limited . You consider that MT UK Solicitors 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 accounts of MT UK Solicitors 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 accounts.

Signed

12/12/2025

Jackson Moughal Ltd

Chartered Accountants

2 Fitzroy Place

Glasgow

G3 7RH

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MT UK Solicitors Limited

Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: 10985166

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		89,094		4,564

			89,094		4,564
CURRENT ASSETS
Stocks	5	409,564		275,555
Debtors	6	370,907		288,113
Cash at bank and in hand		179,462		944,646

		959,933		1,508,314
Creditors: Amounts Falling Due Within One Year	7	(868,777 )		(1,348,333 )

NET CURRENT ASSETS (LIABILITIES)			91,156		159,981

TOTAL ASSETS LESS CURRENT LIABILITIES			180,250		164,545

Creditors: Amounts Falling Due After More Than One Year	8		(113,155 )		(58,935 )

NET ASSETS			67,095		105,610

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			66,995		105,510

SHAREHOLDERS' FUNDS			67,095		105,610

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MT UK Solicitors Limited

Balance Sheet (continued)

As At 31 December 2024

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Abdul Majid Tramboo

Director

12/12/2025

The notes on pages 4 to 7 form part of these financial statements.

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MT UK Solicitors Limited

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

MT UK Solicitors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10985166 . The registered office is 52 Hounslow Road, Twickenham, England, TW2 7EX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the total amount receivable from the provision of services which fall within the company's ordinary activities, excluding discounts, value added tax and disbusements.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Motor Vehicles	20% on cost
Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

2.4. Stocks and Work in Progress

Work in progress is valued at the lower of cost and net realisable value and includes unbilled time and disbursements on client matters. The valuation reflects the stage of completion and estimated recoverability of each matter at the balance sheet date.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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MT UK Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 7)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	-	1,957	-	2,434
Additions	-	-	86,524	-

As at 31 December 2024	-	1,957	86,524	2,434

Depreciation
As at 1 January 2024	-	1,957	-	2,434
Provided during the period	-	-	8,652	-
Impairment losses	(7,799 )	-	-	-

As at 31 December 2024	(7,799 )	1,957	8,652	2,434

Net Book Value
As at 31 December 2024	7,799	-	77,872	-

As at 1 January 2024	-	-	-	-


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2024	17,432	21,823
Additions	-	86,524

As at 31 December 2024	17,432	108,347

...CONTINUED

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MT UK Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	12,868	17,259
Provided during the period	1,141	9,793
Impairment losses	-	(7,799 )

As at 31 December 2024	14,009	19,253

Net Book Value
As at 31 December 2024	3,423	89,094

As at 1 January 2024	4,564	4,564

5. Stocks

	2024	2023
	£	£
Work in progress	409,564	275,555

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	329,288	284,625
Prepayments and accrued income	-	3,488
Other debtors	41,619	-

	370,907	288,113

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	69,390	8,721
Bank loans and overdrafts	-	37,806
Corporation tax	29,158	24,491
Other taxes and social security	68,898	65,635
VAT	111,472	175,773
Net wages	1,698	473
Other creditors	57,761	-
Clients monies held	171,790	839,836
Pension creditor	2,955	1,961
Barclays credit card	-	3,840
American express credit card	-	8,036
Circle cloud	34,392	3,223
Funding Circle Loan - 9190EC - CL	9,166	-

...CONTINUED

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MT UK Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Funding Circle Loan - 1593BC - CL	9,141	-
Accruals and deferred income	9,642	9,642
Directors' loan accounts	293,314	168,896

	868,777	1,348,333

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	29,324	58,935
Funding Circle Loan - 9190EC	20,637	-
Funding Circle Loan - 1593 BC	63,194	-

	113,155	58,935

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

During the year the company entered into the following transaction with related parties:

At the year the company owed A M Tramboo a director and shareholder £293,313 (2023: £168,896). The amount is secured interest free.

11. Ultimate Controlling Party

The company's ultimate controlling party is A M Trambo.

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