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REGISTERED NUMBER: 14239407 (England and Wales)















MBL (HOLDING) LTD

Financial Statements for the Period 18 July 2022 to 31 March 2023






MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)






Contents of the Financial Statements
for the period 18 July 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MBL (HOLDING) LTD

Company Information
for the period 18 July 2022 to 31 March 2023







DIRECTORS: A Barnley
A J Philpott
D R Bone





REGISTERED OFFICE: Nightingale House 46-48 East Street
Epsom
KT17 1HQ





REGISTERED NUMBER: 14239407 (England and Wales)





AUDITORS: Xeinadin Auditing
Chartered Accountants and Statutory Auditors
Becket House
36 Old Jewry
London
EC2R 8DD

MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Balance Sheet
31 March 2023

Notes £    £   
FIXED ASSETS
Investments 4 2,033,761

CURRENT ASSETS
Debtors 5 4,941
Cash at bank 106,840
111,781
CREDITORS
Amounts falling due within one year 6 717,098
NET CURRENT LIABILITIES (605,317 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,428,444

CREDITORS
Amounts falling due after more than one year 7 1,313,758
NET ASSETS 114,686

CAPITAL AND RESERVES
Called up share capital 8 100
Share premium 9 108,866
Retained earnings 9 5,720
SHAREHOLDERS' FUNDS 114,686

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 Board of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by:




A Barnley - Director



A J Philpott - Director


MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Notes to the Financial Statements
for the period 18 July 2022 to 31 March 2023

1. STATUTORY INFORMATION

MBL (Holding) Ltd 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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

TAXATION
Taxation for the period 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 period 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 period was NIL.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 2,033,761
At 31 March 2023 2,033,761
NET BOOK VALUE
At 31 March 2023 2,033,761

MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Notes to the Financial Statements - continued
for the period 18 July 2022 to 31 March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 4,941

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 551,570
Other creditors 165,528
717,098

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 1,313,758

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

80 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 18 July 2022 - 108,866 108,866
Profit for the period 17,880 17,880
Dividends (12,160 ) (12,160 )
At 31 March 2023 5,720 108,866 114,586

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

HM Day BSc (Hons) FCA DChA (Senior Statutory Auditor)
for and on behalf of Xeinadin Auditing

11. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Notes to the Financial Statements - continued
for the period 18 July 2022 to 31 March 2023

12. ULTIMATE CONTROLLING PARTY

As at the 31st March 2023 the ultimate controlling parties were A Barnley and A J Philpott.