MTA Sitcom Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07400089

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		251		251

			251		251
CURRENT ASSETS
Debtors	6	17,799		17,799
Cash at bank and in hand		44,660		4,722

		62,459		22,521
Creditors: Amounts Falling Due Within One Year	7	(1,086 )		(2,166 )

NET CURRENT ASSETS (LIABILITIES)			61,373		20,355

TOTAL ASSETS LESS CURRENT LIABILITIES			61,624		20,606

NET ASSETS			61,624		20,606

CAPITAL AND RESERVES
Called up share capital	8		272,871		272,871
Share premium account			7,477		7,477
Profit and Loss Account			(218,724 )		(259,742 )

SHAREHOLDERS' FUNDS			61,624		20,606

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MTA Sitcom Ltd

Balance Sheet (continued)

As At 31 October 2025

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

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

The directors acknowledge their 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 Profit and Loss Account.

On behalf of the board

Mr Andrew Osayemi

Director

30/07/2026

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

1. General Information

MTA Sitcom Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07400089 . The registered office is 10 Kemp Street, Brighton, BN1 4EF.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets is a trademark which is not amortised.

2.4. 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:

Computer Equipment

25% Straight Line

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MTA Sitcom Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Taxation

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

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.

Current tax is 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 tax is 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: 2 (2024: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 November 2024	251

As at 31 October 2025	251

Net Book Value
As at 31 October 2025	251

As at 1 November 2024	251

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 November 2024	951

As at 31 October 2025	951

Depreciation
As at 1 November 2024	951

As at 31 October 2025	951

Net Book Value
As at 31 October 2025	-

As at 1 November 2024	-

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MTA Sitcom Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	17,799	17,799

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	1,086	2,166

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	272,871	272,871

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