1 January 2021 false No description of principal activity Taxfiler 2022.8.3 08340331business:PrivateLimitedCompanyLtd2021-01-012021-12-31 083403312020-12-31 083403312021-01-012021-12-31 08340331business:AuditExempt-NoAccountantsReport2021-01-012021-12-31 08340331business:FullAccounts2021-01-012021-12-31 083403312021-12-31 08340331business:Director12021-01-012021-12-31 08340331business:RegisteredOffice2021-01-012021-12-31 083403312020-12-31 08340331core:WithinOneYear2021-12-31 08340331core:WithinOneYear2020-12-31 08340331core:AfterOneYear2021-12-31 08340331core:AfterOneYear2020-12-31 08340331core:ShareCapital2021-12-31 08340331core:ShareCapital2020-12-31 08340331core:RetainedEarningsAccumulatedLosses2021-12-31 08340331core:RetainedEarningsAccumulatedLosses2020-12-31 08340331business:SmallEntities2021-01-012021-12-31 08340331countries:EnglandWales2021-01-012021-12-31 083403312020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08340331 (England and Wales)
MK BROTHERS LTD Unaudited accounts for the year ended 31 December 2021
MK BROTHERS LTD Unaudited accounts Contents
Page
- 2 -
MK BROTHERS LTD Company Information for the year ended 31 December 2021
Director
Surbir Singh Malhotra
Company Number
08340331 (England and Wales)
Registered Office
16 HARLECH GARDENS HOUNSLOW TW5 9PR
- 3 -
MK BROTHERS LTD Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
15,424 
1,737 
Cash at bank and in hand
6,805 
14,632 
22,229 
16,369 
Creditors: amounts falling due within one year
(2,573)
(641)
Net current assets
19,656 
15,728 
Total assets less current liabilities
19,656 
15,728 
Creditors: amounts falling due after more than one year
(18,443)
(20,500)
Net assets/(liabilities)
1,213 
(4,772)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,211 
(4,774)
Shareholders' funds
1,213 
(4,772)
For the year ending 31 December 2021 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 September 2022 and were signed on its behalf by
Surbir Singh Malhotra Director Company Registration No. 08340331
- 4 -
MK BROTHERS LTD Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
MK BROTHERS LTD is a private company, limited by shares, registered in England and Wales, registration number 08340331. The registered office is 16 HARLECH GARDENS, HOUNSLOW, TW5 9PR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
15,424 
1,737 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other creditors
- 
2,439 
Loans from directors
2,573 
(1,798)
2,573 
641 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
18,443 
20,500 
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
- 5 -