1 April 2024 false No description of principal activity Taxfiler 2024.6 04037764business:PrivateLimitedCompanyLtd2024-04-012025-03-31 040377642024-03-31 040377642024-04-012025-03-31 04037764business:AuditExemptWithAccountantsReport2024-04-012025-03-31 04037764business:FilletedAccounts2024-04-012025-03-31 040377642025-03-31 04037764business:Director12024-04-012025-03-31 04037764business:Director22024-04-012025-03-31 04037764business:Director32024-04-012025-03-31 04037764business:RegisteredOffice2024-04-012025-03-31 040377642024-03-31 04037764core:WithinOneYear2025-03-31 04037764core:WithinOneYear2024-03-31 04037764core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 04037764core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04037764core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 04037764core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04037764core:PreviouslyStatedAmount2025-03-31 04037764core:PreviouslyStatedAmount2024-03-31 04037764business:SmallEntities2024-04-012025-03-31 04037764countries:EnglandWales2024-04-012025-03-31 04037764core:PlantMachinery2024-04-012025-03-31 04037764core:MotorVehicles2024-04-012025-03-31 04037764core:ComputerEquipment2024-04-012025-03-31 04037764core:PlantMachinery2024-03-31 04037764core:MotorVehicles2024-03-31 04037764core:ComputerEquipment2024-03-31 04037764core:PlantMachinery2025-03-31 04037764core:MotorVehicles2025-03-31 04037764core:ComputerEquipment2025-03-31 04037764core:AdditionsToInvestments2025-03-31 04037764core:AfterOneYear2025-03-31 04037764core:AfterOneYear2024-03-31 040377642023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04037764 (England and Wales)
MTB Groundwork Limited Unaudited accounts for the year ended 31 March 2025
MTB Groundwork Limited Unaudited accounts Contents
Page
- 2 -
MTB Groundwork Limited Company Information for the year ended 31 March 2025
Directors
Mr M Catchpole Mrs A Catchpole Mr N Catchpole
Company Number
04037764 (England and Wales)
Registered Office
83 WELLESLEY AVENUE IVER BUCKINGHAMSHIRE SL0 9BP
Accountants
Harden & Co Chartered Certified Accountants Maelstrom House Taylors Hill Chilham Kent CT4 8BZ
- 3 -
MTB Groundwork Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
136,813 
102,981 
Investments
80,000 
- 
216,813 
102,981 
Current assets
Debtors
253,590 
263,690 
Cash at bank and in hand
1,636,738 
1,483,529 
1,890,328 
1,747,219 
Creditors: amounts falling due within one year
(267,497)
(226,539)
Net current assets
1,622,831 
1,520,680 
Total assets less current liabilities
1,839,644 
1,623,661 
Provisions for liabilities
Other provisions
(25,994)
(19,566)
Net assets
1,813,650 
1,604,095 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,813,550 
1,603,995 
Shareholders' funds
1,813,650 
1,604,095 
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by
Mr M Catchpole Director Company Registration No. 04037764
- 4 -
MTB Groundwork Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MTB Groundwork Limited is a private company, limited by shares, registered in England and Wales, registration number 04037764. The registered office is 83 WELLESLEY AVENUE, IVER, BUCKINGHAMSHIRE, SL0 9BP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25 % Reducing Balance
Motor vehicles
10 % on cost
Computer equipment
25 % Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
21,000 
198,769 
3,632 
223,401 
Additions
- 
122,913 
- 
122,913 
Disposals
- 
(93,566)
- 
(93,566)
At 31 March 2025
21,000 
228,116 
3,632 
252,748 
Depreciation
At 1 April 2024
18,381 
99,940 
2,099 
120,420 
Charge for the year
654 
27,226 
383 
28,263 
On disposals
- 
(32,748)
- 
(32,748)
At 31 March 2025
19,035 
94,418 
2,482 
115,935 
Net book value
At 31 March 2025
1,965 
133,698 
1,150 
136,813 
At 31 March 2024
2,619 
98,829 
1,533 
102,981 
- 5 -
MTB Groundwork Limited Notes to the Accounts for the year ended 31 March 2025
5
Investments
Other investments 
£ 
Valuation at 1 April 2024
- 
Additions
80,000 
Valuation at 31 March 2025
80,000 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
8,566 
18,666 
Amounts falling due after more than one year
Other debtors
245,024 
245,024 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
34,436 
Taxes and social security
91,657 
69,750 
Other creditors
100,000 
30,325 
Loans from directors
69,340 
35,528 
Accruals
6,500 
56,500 
267,497 
226,539 
8
Average number of employees
During the year the average number of employees was 8 (2024: 8).
- 6 -