REGISTERED NUMBER: 09657051 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MTP HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

AB Twigger

J S Payne

REGISTERED OFFICE:

23 Warwick Row

Coventry

West Midlands

CV1 1EY

REGISTERED NUMBER:

09657051 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisers

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

FIXED ASSETS

Investments

4

470,427

470,427

Investment property

5

1,505,000

1,505,000

1,975,427

1,975,427

CURRENT ASSETS

Debtors

6

45,578

12,491

Cash at bank

13,546

17,450

59,124

29,941

CREDITORS

Amounts falling due within one year

7

67,034

125,347

NET CURRENT LIABILITIES

(7,910

)

(95,406

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,967,517

1,880,021

CREDITORS

Amounts falling due after more than one year

8

(665,070

)

(714,493

)

PROVISIONS FOR LIABILITIES

(145,155

)

(145,155

)

NET ASSETS

1,157,292

1,020,373

CAPITAL AND RESERVES

Called up share capital

500

500

Fair value reserve

10

435,465

435,465

Retained earnings

10

721,327

584,408

SHAREHOLDERS' FUNDS

1,157,292

1,020,373

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 22 April 2026 and were signed on its behalf by:

J S Payne - Director

1.	STATUTORY INFORMATION

MTP Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about MTP Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

470,427

NET BOOK VALUE

At 31 December 2025

470,427

At 31 December 2024

470,427

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,505,000

NET BOOK VALUE

At 31 December 2025

1,505,000

At 31 December 2024

1,505,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2023

626,862

Cost

878,138

1,505,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

878,138

878,138

The investment properties were valued on mrkt rent & mrkt value basis on 11 August 2023 by Bromwich Hardy .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,033

895

Amounts owed by group undertakings

32,605

-

Loan - Ms E Emery

10,000

10,000

VAT

152

53

Prepayments

1,788

1,543

45,578

12,491

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

49,167

52,205

Trade creditors

1,689

1,462

Amounts owed to group undertakings

266

58,662

Corporation tax

14,973

12,122

Accrued expenses

939

896

67,034

125,347

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

42,130

49,423

Bank loans - 2-5 years

622,940

665,070

665,070

714,493

9.	SECURED DEBTS

Handelsbanken PLC holds a fixed charge over a freehold property of the company.

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2025

584,408

435,465

1,019,873

Profit for the year

303,919

303,919

Dividends

(167,000

)

(167,000

)

At 31 December 2025

721,327

435,465

1,156,792

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J Payne by virtue of controlling interest in MTP Ventures Ltd of which MTP Holdings Ltd is a subsidiary.