MTTNB Limited - Filleted accounts

Registered number

06813439

MTTNB Limited

Filleted Accounts

28 February 2026

MTTNB Limited
Registered number:		06813439
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		327			559

Current assets
Stocks		5,779			5,857
Debtors	4	14,693			9,364
Cash at bank and in hand		10,110			7,503
		30,582			22,724

Creditors: amounts falling due within one year	5	(78,089)			(84,532)

Net current liabilities			(47,507)			(61,808)

Net liabilities			(47,180)			(61,249)

Capital and reserves
Called up share capital			4			4
Profit and loss account			(47,184)			(61,253)

Shareholders' funds			(47,180)			(61,249)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Tracey Dawn Kingston
Director
Approved by the board on 11 July 2026

MTTNB Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years
	Motor vehicles	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price.

	Creditors
	Short term creditors are measured at transaction price.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			9		8


3	Tangible fixed assets
		Fixtures, fittings and equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2025	28,189		17,990		46,179
	At 28 February 2026	28,189		17,990		46,179

	Depreciation
	At 1 March 2025	27,630		17,990		45,620
	Charge for the year	232		-		232
	At 28 February 2026	27,862		17,990		45,852

	Net book value
	At 28 February 2026	327		-		327
	At 28 February 2025	559		-		559


4	Debtors			2026		2025
£					£

	Trade debtors			9,481		4,152
	Other debtors			5,212		5,212
				14,693		9,364


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			14,225		26,570
	Taxation and social security costs			8,819		8,007
	Other creditors			55,045		49,955
				78,089		84,532


6	Other information

	MTTNB Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Feathers Public House
	118 Beacon Street
	Lichfield
	WS13 7BA