MTM SPEC LTD 31/10/2025 iXBRL

Company registration number: 10994647

MTM SPEC LTD

Trading as MTM SPEC LTD

Financial statements

31 October 2025

MTM SPEC LTD

Contents

Directors and other information

Director's report

Independent auditor's report to the member

Income statement

Statement of financial position and notes to the financial statements

MTM SPEC LTD

Directors and other information


	Director	Mr Krzysztof Merta


	Company number	10994647


	Registered office	16 Scafell Way
		West Bromwich
		B71 1DQ


	Business address	16 Scafell Way
		West Bromwich
		B71 1DQ


	Auditor	Wioletta Borowska
		167-169 Great Portland Street
		Fifth Floor
		London
		W1W 5PF


	Accountant	Abc Account Centre
		167-169 Great Portland Street
		Fifth Floor
		London
		W1W 5PF

MTM SPEC LTD

Director's report

Year ended 31 October 2025

The director presents this report and the financial statements of the company for the year ended 31 October 2025.

Director

The director who served the company during the year was as follows:

Mr Krzysztof Merta

Dividends

The director does not recommends the payment of a dividend.

Director's responsibilities statement

The director is responsible for preparing the strategic report, director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006.

This report was approved by the board of directors on 01 July 2026 and signed on behalf of the board by:

Secretary

Mr Krzysztof Merta

Director

MTM SPEC LTD

Independent auditor's report to the member of

MTM SPEC LTD

Year ended 31 October 2025

Opinion

I have audited the financial statements of MTM SPEC LTD (the 'company') for the year ended 31 October 2025 which comprise the income statement, statement of financial position and notes to the financial statements. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard (FRS) 105 The Financial Reporting Standard applicable to the Micro-entities Regime (United Kingdom Generally Accepted Accounting Practice). In my opinion, the financial statements: - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, specifically FRS 105; - have been prepared in accordance with the requirements of the Companies Act 2006 as applied to micro-entities.

Therefore under section 495(3A) of the Companies Act 2006, in my opinion the financial statements give a true and fair view of the state of the company's affairs as at 31 October 2025 and of its profit for the year then ended.

Basis for opinion

I conducted my audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. My responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. I am independent of the company in accordance with the ethical requirements that are relevant to my audit of the financial statements in the UK, including the FRC’s Ethical Standard, and I have fulfilled my other ethical responsibilities in accordance with these requirements. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion.

Other matter – application of true and fair view

The financial statements have been prepared under the micro-entities regime which does not require the director or the auditor to consider the inclusion of any disclosures necessary to give a true and fair view where these go beyond the minimum disclosures required by the Companies Act 2006 as applied to micro-entities.

Conclusions relating to going concern

In auditing the financial statements, I have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work I have performed, I have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

My responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and my auditor’s report thereon. The director is responsible for the other information. My opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in my report, I do not express any form of assurance conclusion thereon. In connection with my audit of the financial statements, my responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or my knowledge obtained in the audit or otherwise appears to be materially misstated. If I identify such material inconsistencies or apparent material misstatements, I am required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work I have performed, I conclude that there is a material misstatement of this other information, I are required to report that fact. I have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In my opinion, based on the work undertaken in the course of the audit:

- the information given in the director's report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the director's report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, I have not identified material misstatements in the strategic report or the director's report.

I have nothing to report in respect of the following matters where the Companies Act 2006 requires me to report to you if, in my opinion:

- adequate accounting records have not been kept, or returns adequate for my audit have not been received from branches not visited by me; or

- the financial statements are not in agreement with the accounting records and the returns; or

- certain disclosures of director's remuneration specified by law are not made; or

- I have not received all the information and explanations I require for my audit.

- the director was not entitled to prepare the financial statements in accordance with the micro-entities regime and take advantage of the micro-entities’ exemptions in preparing the director's report and from the requirement to prepare a strategic report.

Responsibilities of directors

As explained more fully in the director's responsibilities statement, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the director is responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

My objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes my opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. I design procedures in line with my responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which my procedures are capable of detecting irregularities, including fraud is detailed below: As part of an audit in accordance with ISAs (UK), I exercise professional judgment and maintain professional scepticism throughout the audit. I also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for my opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the director. - Conclude on the appropriateness of the director's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. If I conclude that a material uncertainty exists, we are required to draw attention in my auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify my opinion. My conclusions are based on the audit evidence obtained up to the date of my auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. I communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that I identify during my audit.

Use of my report

This report is made solely to the company's member, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 as applied to micro-entities. My audit work has been undertaken so that I might state to the company's member those matters I am required to state to him in an auditors report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's member as a body, for my audit work, for this report, or for the opinions I have formed.

Wioletta Borowska

Bookkeeper

167-169 Great Portland Street

Fifth Floor

London

W1W 5PF

01 July 2026

MTM SPEC LTD

Income statement

Year ended 31 October 2025

	2025	2024
	£	£

Turnover	79,598	-

Cost of raw materials and consumables	( 22,454)	-
Staff costs	( 38,561)	-
Other charges	(15,604)	-
	_______	_______
Profit	2,979	-
	_______	_______

MTM SPEC LTD

Statement of financial position

31 October 2025

	2025	2024
	£	£

Fixed assets	358	-
	_______	_______

Current assets	55,405	-

Creditors: amounts falling due within one year	( 54,104)	-
	_______	_______

Net current assets/(liabilities)	1,301	-
	_______	_______

Total assets less current liabilities	1,659	-

Creditors: amounts falling due after more than one year	( 12,083)	-

	_______	_______
Net (liabilities)/assets	( 10,424)	-
	_______	_______

Capital and reserves	( 10,424)	-
	_______	_______

Notes to the financial statements

MTM SPEC LTD

Year ended 31 October 2025

1. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

The financial statements have been prepared in accordance with the micro-entity provisions.

These financial statements were approved by the board of directors and authorised for issue on 01 July 2026 , and are signed on behalf of the board by:

Mr Krzysztof Merta

Director

Company registration number: 10994647

The company is a private company limited by shares, registered in England.