REGISTERED NUMBER: 02365797 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

MTG Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Barrie O'Sullivan Ellis

Mrs Madeleine Ellis

Mr Peter Brian Huntington

Mr Dwight John Strachan

SECRETARY:

Mr Barrie O'Sullivan Ellis

REGISTERED OFFICE:

12 Sherton Business Centre

Wadsworth Close

Perivale

MIDDLESEX

UB6 7JD

REGISTERED NUMBER:

02365797 (England and Wales)

FIXED ASSETS

Tangible assets

4

6,689

8,320

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

5

6,750

6,712

Cash at bank and in hand

61,193

66,477

70,443

75,689

CREDITORS

Amounts falling due within one year

6

27,354

33,449

NET CURRENT ASSETS

43,089

42,240

TOTAL ASSETS LESS CURRENT LIABILITIES

49,778

50,560

PROVISIONS FOR LIABILITIES

1,068

1,333

NET ASSETS

48,710

49,227

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,610

49,127

SHAREHOLDERS' FUNDS

48,710

49,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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 Board of Directors and authorised for issue on 26 December 2025 and were signed on its behalf by:

Mr Barrie O'Sullivan Ellis - Director

1.	STATUTORY INFORMATION

MTG 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.

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.

Plant and machinery etc

-

25% on cost and 18% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2024

and 30 September 2025

1,697

66,461

68,158

DEPRECIATION

At 1 October 2024

1,697

58,141

59,838

Charge for year

-

1,631

1,631

At 30 September 2025

1,697

59,772

61,469

NET BOOK VALUE

At 30 September 2025

-

6,689

6,689

At 30 September 2024

-

8,320

8,320

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

6,750

6,712

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Taxation and social security

13,144

19,574

Other creditors

14,210

13,875

27,354

33,449

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES