Company Registration No. 05952530 (England and Wales)
MTL GLOBAL LTD
Unaudited accounts
for the year ended 31 March 2025
MTL GLOBAL LTD
Unaudited accounts
Contents
MTL GLOBAL LTD
Company Information
for the year ended 31 March 2025
Directors
Natasha Shazia AMIN
Mohammad Aslam BHATTI
Company Number
05952530 (England and Wales)
Registered Office
UNIT 17, ACCESS 4:20 NEW HYTHE BUSINESS
BELLINGHAM WAY
AYLESFORD
KENT
ME20 7HP
UNITED KINGDOM
Accountants
Faruk Ahmed FCCA
Unit 2-3
The Whitechapel Centre
85 Myrdle Street
London
E1 1HL
MTL GLOBAL LTD
Statement of financial position
as at 31 March 2025
Tangible assets
77,494
2,470
Inventories
245,390
470,281
Debtors
2,583,292
2,557,683
Cash at bank and in hand
863,283
624,125
Creditors: amounts falling due within one year
(520,536)
(569,233)
Net current assets
3,171,429
3,082,856
Total assets less current liabilities
3,284,507
3,145,731
Provisions for liabilities
Net assets
3,265,658
3,145,731
Called up share capital
100
100
Profit and loss account
3,265,558
3,145,631
Shareholders' funds
3,265,658
3,145,731
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 December 2025 and were signed on its behalf by
Mohammad Aslam BHATTI
Director
Company Registration No. 05952530
MTL GLOBAL LTD
Notes to the Accounts
for the year ended 31 March 2025
MTL GLOBAL LTD is a private company, limited by shares, registered in England and Wales, registration number 05952530. The registered office is UNIT 17, ACCESS 4:20 NEW HYTHE BUSINESS , BELLINGHAM WAY, AYLESFORD, KENT, ME20 7HP, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
During the year the company purchased a new electric vehicle at a cost of £77,328.
The vehicle has been capitalised within property, plant and equipment and is being depreciated over its estimated useful life in accordance with the company’s accounting policies.
For tax purposes, the expenditure qualifies for First Year Allowance (FYA) as a zero‑emission car.
This creates a timing difference between accounting depreciation and tax relief, which is reflected in the deferred tax position.
Plant & machinery
15% Reducing Balance
Motor vehicles
10% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
MTL GLOBAL LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
87,512
61,168
-
148,680
Additions
-
-
77,328
77,328
At 31 March 2025
87,512
61,168
77,328
226,008
At 1 April 2024
87,512
58,698
-
146,210
Charge for the year
-
371
1,933
2,304
At 31 March 2025
87,512
59,069
1,933
148,514
At 31 March 2025
-
2,099
75,395
77,494
At 31 March 2024
-
2,470
-
2,470
5
Investments
Other investments
Valuation at 1 April 2024
60,405
Valuation at 31 March 2025
35,584
Amounts falling due within one year
Trade debtors
655,494
635,448
Other debtors
1,927,798
1,922,235
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,613
3,522
Trade creditors
51,512
159,983
Taxes and social security
64,968
4,285
Other creditors
401,443
401,443
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).