REGISTERED NUMBER: 07265393 (England and Wales)

MTC IT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

FIXED ASSETS

361

754

CURRENT ASSETS

63,506

86,052

PREPAYMENTS AND ACCRUED INCOME

-

1,875

CREDITORS

Amounts falling due within one year

(71,091

)

(74,975

)

NET CURRENT (LIABILITIES)/ASSETS

(7,585

)

12,952

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,224

)

13,706

CREDITORS

Amounts falling due after more than one year

(2,424

)

(12,329

)

ACCRUALS AND DEFERRED INCOME

(1,339

)

(1,243

)

NET (LIABILITIES)/ASSETS

(10,987

)

134

CAPITAL AND RESERVES

(10,987

)

134

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

MTC IT Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07265393

Registered office:

15 High Street

Brackley

Northamptonshire

NN13 7DH

2.	AVERAGE NUMBER OF EMPLOYEES INCLUDING DIRECTORS

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

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr M T Cadden

Balance outstanding at start of year

58,501

46,593

Amounts advanced

47,456

69,808

Amounts repaid

(67,904

)

(57,900

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

38,053

58,501

Mrs E Cadden

Balance outstanding at start of year

27,494

34,078

Amounts advanced

30,587

28,416

Amounts repaid

(36,596

)

(35,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,485

27,494

The directors repaid £47,877 of the overdrawn directors loan account on 24th December 2025.

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

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

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

Mr M T Cadden - Director