MTID Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10788998

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		8,911		642

			8,911		642
CURRENT ASSETS
Cash at bank and in hand		23,166		13,841

		23,166		13,841
Creditors: Amounts Falling Due Within One Year	7	(17,893 )		(8,362 )

NET CURRENT ASSETS (LIABILITIES)			5,273		5,479

TOTAL ASSETS LESS CURRENT LIABILITIES			14,184		6,121

Creditors: Amounts Falling Due After More Than One Year	8		(1,221 )		(4,116 )

NET ASSETS			12,963		2,005

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			12,863		1,905

SHAREHOLDERS' FUNDS			12,963		2,005

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MTID Ltd

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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 Profit and Loss Account.

On behalf of the board

Mr Martin Taylor

Director

17/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

MTID Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10788998 . The registered office is 30 Tottenham Street, London, W1T 4RJ.

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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

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:

Plant & Machinery	25% on written down value
Computer Equipment	25% on written down value

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2025	9,629

As at 31 May 2026	9,629

Amortisation
As at 1 June 2025	9,629

As at 31 May 2026	9,629

Net Book Value
As at 31 May 2026	-

As at 1 June 2025	-

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MTID Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

5. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 June 2025	-	3,615	3,615
Additions	9,508	1,299	10,807

As at 31 May 2026	9,508	4,914	14,422

Depreciation
As at 1 June 2025	-	2,973	2,973
Provided during the period	2,377	161	2,538

As at 31 May 2026	2,377	3,134	5,511

Net Book Value
As at 31 May 2026	7,131	1,780	8,911

As at 1 June 2025	-	642	642

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	3,471	-
Bank loans and overdrafts	-	2,768
Corporation tax	7,396	3,178
Other taxes and social security	63	-
VAT	5,763	1,216
Accruals and deferred income	1,200	1,200

	17,893	8,362

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

	2026	2025
	£	£
Bank loans	1,221	4,116

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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