Mtf Facilities Limited - Accounts to registrar (filleted) - small 18.2

Mtf Facilities Limited - Accounts to registrar (filleted) - small 18.2

MTF FACILITIES LIMITED - Company Information

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REGISTERED NUMBER: 08169868 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021

FOR

MTF FACILITIES LIMITED
MTF FACILITIES LIMITED (REGISTERED NUMBER: 08169868)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MTF FACILITIES LIMITED


COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2021







DIRECTOR: I Church





SECRETARY: A J Company Formations Limited





REGISTERED OFFICE: The Coach House
The Square
Sawbridgeworth
Hertfordshire
CM21 9AE





REGISTERED NUMBER: 08169868 (England and Wales)





ACCOUNTANTS: Ashley James Limited
The Coach House
The Square
Sawbridgeworth
Hertfordshire
CM21 9AE
Page 1
MTF FACILITIES LIMITED (REGISTERED NUMBER: 08169868)


BALANCE SHEET
31 JANUARY 2021

31/1/21 31/1/20
Notes £    £   
FIXED ASSETS
Tangible assets 4 20,552 5,922

CURRENT ASSETS
Debtors 5 9,528 4,167
Cash at bank 6,421 6,245
15,949 10,412
CREDITORS
Amounts falling due within one year 6 (13,422 ) (8,778 )
NET CURRENT ASSETS 2,527 1,634
TOTAL ASSETS LESS CURRENT
LIABILITIES
23,079
7,556

CREDITORS
Amounts falling due after more than one year 7 (15,500 ) -
NET ASSETS 7,579 7,556

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 7,569 7,546
SHAREHOLDERS' FUNDS 7,579 7,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 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 notes form part of these financial statements

Page 2 continued...
MTF FACILITIES LIMITED (REGISTERED NUMBER: 08169868)


BALANCE SHEET - continued
31 JANUARY 2021


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 26 April 2021 and were signed by:





I Church - Director


The notes form part of these financial statements

Page 3
MTF FACILITIES LIMITED (REGISTERED NUMBER: 08169868)


NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2021

1. STATUTORY INFORMATION

Mtf Facilities Limited 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.
Plant and machinery etc - 25% on reducing balance and 15% 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

Page 4 continued...
MTF FACILITIES LIMITED (REGISTERED NUMBER: 08169868)


NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2020 20,583
Additions 21,480
Disposals (4,500 )
At 31 January 2021 37,563
DEPRECIATION
At 1 February 2020 14,661
Charge for year 6,249
Eliminated on disposal (3,899 )
At 31 January 2021 17,011
NET BOOK VALUE
At 31 January 2021 20,552
At 31 January 2020 5,922

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/21 31/1/20
£    £   
Trade debtors 7,627 4,167
Other debtors 1,901 -
9,528 4,167

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/21 31/1/20
£    £   
Trade creditors 359 419
Taxation and social security 2,318 3,862
Other creditors 10,745 4,497
13,422 8,778

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/21 31/1/20
£    £   
Bank loans 15,500 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 15,500 -

Page 5