REGISTERED NUMBER: 11026458 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

MTM SYNDICATE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Mhlanga

REGISTERED OFFICE:

7 Phelps Close,

Grappenhall,

Warrington,

WA4 3AR

REGISTERED NUMBER:

11026458 (England and Wales)

ACCOUNTANTS:

Ad Valorem Accountancy Services Limited

Chartered Certified Accountants

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

4

6,617

10,083

Investments

5

23,722

23,722

30,339

33,805

CURRENT ASSETS

Debtors

6

1,035,228

1,026,413

Cash at bank

42,840

70,829

1,078,068

1,097,242

CREDITORS

Amounts falling due within one year

7

419,543

59,949

NET CURRENT ASSETS

658,525

1,037,293

TOTAL ASSETS LESS CURRENT LIABILITIES

688,864

1,071,098

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

688,714

1,070,948

688,864

1,071,098

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 July 2026 and were signed by:

M Mhlanga - Director

1.	STATUTORY INFORMATION

MTM Syndicate Ltd 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

49,988

Additions

3,006

At 31 October 2025

52,994

DEPRECIATION

At 1 November 2024

39,905

Charge for year

6,472

At 31 October 2025

46,377

NET BOOK VALUE

At 31 October 2025

6,617

At 31 October 2024

10,083

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Garage conversion

23,722

23,722

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

35,228

26,413

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,000,000

1,000,000

Aggregate amounts

1,035,228

1,026,413

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

32,457

Taxation and social security

13,852

21,640

Other creditors

405,691

5,852

419,543

59,949

8.	RELATED PARTY DISCLOSURES

A loan of £1,000,000 due from the parent company, MKC Group Limited. This loan is repayable on demand.