M-TECH COMPUTERS LIMITED

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 03088778

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		979,786		981,647

			979,786		981,647
CURRENT ASSETS
Debtors	5	176,608		253,806
Cash at bank and in hand		120,256		93,382

		296,864		347,188
Creditors: Amounts Falling Due Within One Year	6	(787,950 )		(989,204 )

NET CURRENT ASSETS (LIABILITIES)			(491,086 )		(642,016 )

TOTAL ASSETS LESS CURRENT LIABILITIES			488,700		339,631

Creditors: Amounts Falling Due After More Than One Year	7		(9,167 )		362,833

NET ASSETS			479,533		702,464

CAPITAL AND RESERVES
Called up share capital	8		103,325		103,325
Fair value reserve	10		275,712		275,712
Income Statement			100,496		323,427

SHAREHOLDERS' FUNDS			479,533		702,464

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M-TECH COMPUTERS LIMITED

Statement of Financial Position (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Wayne Shemmell

Director

28/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

M-TECH COMPUTERS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03088778 . The registered office is 74a High St Wanstead, London, E11 2RJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	no depreciation was provided.
Leasehold	999 Years
Plant & Machinery	25%
Motor Vehicles	25%
Fixtures & Fittings	25%
Computer Equipment	33%

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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M-TECH COMPUTERS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2024: 14)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 September 2024	350,000	640,000	6,600	191,078	1,187,678

As at 31 August 2025	350,000	640,000	6,600	191,078	1,187,678

Depreciation
As at 1 September 2024	-	13,400	5,719	186,912	206,031
Provided during the period	-	600	220	1,041	1,861

As at 31 August 2025	-	14,000	5,939	187,953	207,892

Net Book Value
As at 31 August 2025	350,000	626,000	661	3,125	979,786

As at 1 September 2024	350,000	626,600	881	4,166	981,647

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	161,854	219,105
Other debtors	14,754	34,701

	176,608	253,806

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	131,073	178,166
Other creditors	597,425	758,055
Taxation and social security	59,452	52,983

	787,950	989,204

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M-TECH COMPUTERS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	9,167	19,167
Other loans	-	(382,000 )

	9,167	(362,833 )

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	103,325	103,325

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr Wayne Shemmell	751,048	160,461	-	-	590,587

The above loan is unsecured, interest free and repayable on demand.

ULTIMATE CONTROLLING PARTY

At the balance sheet date, the company was under common control of Mr W Shemmell and Mrs J Shemmell who held 50%

shares each and were the ultimate control parties.

RELATED PARTIES

As at balance sheet date, the company owe £ 590,587 (2024: £751,048 ) to the director which was interest free loan to the

company.

Mr W Shemmell and Mrs J Shemmell also own 100% shares of the two other associated companies (Lifestyles at home Ltd

& Equestrian at home Ltd) and are ultimate controlling parties of the businesses.

10. Reserves

	Fair value reserve	Income Statement
	£	£
As at 1 September 2024	275,712	323,427
Loss for the year and total comprehensive income	-	(222,931 )

As at 31 August 2025	275,712	100,496

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