Registration number: 16344242

Kosmos MTM Limited

(Registration number: 16344242)
Statement of Financial Position as at 31 March 2026

	Note	2026 £
Fixed assets
Intangible assets	4	6,514
Tangible assets	5	3,038
		9,552
Current assets
Stocks	6	20,000
Cash at bank and in hand		4,911
		24,911
Creditors: Amounts falling due within one year	7	(37,215)
Net current liabilities		(12,304)
Net liabilities		(2,752)
Capital and reserves
Called up share capital		2
Profit and loss account		(2,754)
Shareholders' deficit		(2,752)

For the financial period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 4 November 2026 and signed on its behalf by:
 

......................................... Mr D D J Williams Director

Kosmos MTM Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY, United Kingdom.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Kosmos MTM Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% Straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

Kosmos MTM Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 31 March 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	7,600	7,600
At 31 March 2026	7,600	7,600
Amortisation
Amortisation charge	1,086	1,086
At 31 March 2026	1,086	1,086
Carrying amount
At 31 March 2026	6,514	6,514

5	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
Additions	4,051	4,051
At 31 March 2026	4,051	4,051
Depreciation
Charge for the period	1,013	1,013
At 31 March 2026	1,013	1,013
Carrying amount
At 31 March 2026	3,038	3,038

6

Stocks

	2026 £
Other inventories	20,000

Kosmos MTM Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £
Accruals and deferred income	1,211
Other creditors	36,004
	37,215

8	Going concern

The financial statements have been prepared on a going concern basis due to the continuing support of the director.