1 February 2022 v2023.25.1 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP111720832022-02-012023-01-31111720832023-01-31111720832022-01-3111172083core:WithinOneYear2023-01-3111172083core:WithinOneYear2022-01-3111172083core:ShareCapital2023-01-3111172083core:ShareCapital2022-01-3111172083core:RetainedEarningsAccumulatedLosses2023-01-3111172083core:RetainedEarningsAccumulatedLosses2022-01-3111172083bus:Director12022-02-012023-01-3111172083bus:RegisteredOffice2022-02-012023-01-31111720832021-02-012022-01-3111172083core:PlantMachinery2022-02-0111172083core:PlantMachinery2022-02-012023-01-3111172083core:PlantMachinery2023-01-3111172083core:PlantMachinery2022-01-311117208312022-02-012023-01-3111172083countries:EnglandWales2022-02-012023-01-3111172083bus:AuditExemptWithAccountantsReport2022-02-012023-01-3111172083bus:PrivateLimitedCompanyLtd2022-02-012023-01-3111172083bus:SmallEntities2022-02-012023-01-3111172083bus:FullAccounts2022-02-012023-01-31
Company registration number:
11172083
Mkb Motors Ltd
Unaudited Filleted Financial Statements for the year ended
31 January 2023
Mkb Motors Ltd
Statement of Financial Position
31 January 2023
20232022
Note££
Fixed assets    
Tangible assets 5
18,795
 
22,895
 
Current assets    
Cash at bank and in hand
(428
)
(1,805
)
Creditors: amounts falling due within one year 6
(18,923
)
(22,098
)
Net current liabilities
(19,351
)
(23,903
)
Total assets less current liabilities (556 ) (1,008 )
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(557
)
(1,009
)
Shareholders deficit
(556
)
(1,008
)
For the year ending
31 January 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
25 October 2023
, and are signed on behalf of the board by:
M Barekzay
Director
Company registration number:
11172083
Mkb Motors Ltd
Notes to the Financial Statements
Year ended
31 January 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Box 110 Rye House, 161 High Street High Street
,
Ruislip
,
HA4 8JY
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2022:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 February 2022
43,328
 
Additions
16,250
 
Disposals
(32,250
)
At
31 January 2023
27,328
 
Depreciation  
At
1 February 2022
20,433
 
Charge
4,376
 
Disposals
(16,276
)
At
31 January 2023
8,533
 
Carrying amount  
At
31 January 2023
18,795
 
At 31 January 2022
22,895
 

6 Creditors: amounts falling due within one year

20232022
££
Bank loans and overdrafts
16,074
 
18,134
 
Taxation and social security
1,587
 
2,833
 
Other creditors
1,262
 
1,131
 
18,923
 
22,098