pinacle 6.0
2017.03.01
M B CONTRACTORS LIMITED
03190779
2022-04-01
2023-03-31
false
03190779
frs:CurrentFinancialInstruments
frs:WithinOneYear
2023-03-31
03190779
frs:CurrentFinancialInstruments
2023-03-31
03190779
frs:Non-currentFinancialInstruments
frs:AfterOneYear
2023-03-31
03190779
2023-03-31
03190779
frs:RetainedEarningsAccumulatedLosses
2023-03-31
03190779
frs:ShareCapital
2023-03-31
03190779
2023-03-31
03190779
uk-bus:AuditExempt-NoAccountantsReport
2022-04-01
2023-03-31
03190779
uk-bus:Director1
2022-04-01
2023-03-31
03190779
uk-bus:FullAccounts
2022-04-01
2023-03-31
03190779
uk-bus:OrdinaryShareClass1
2022-04-01
2023-03-31
03190779
frs:PlantMachinery
2022-04-01
2023-03-31
03190779
uk-bus:PrivateLimitedCompanyLtd
2022-04-01
2023-03-31
03190779
frs:OtherRelatedPartyRelationshipType1ComponentTotalRelatedParties
2022-04-01
2023-03-31
03190779
uk-bus:SmallCompaniesRegimeForAccounts
2022-04-01
2023-03-31
03190779
uk-bus:SmallEntities
2022-04-01
2023-03-31
03190779
2022-04-01
2023-03-31
03190779
frs:CurrentFinancialInstruments
frs:WithinOneYear
2022-03-31
03190779
frs:CurrentFinancialInstruments
2022-03-31
03190779
frs:Non-currentFinancialInstruments
frs:AfterOneYear
2022-03-31
03190779
2022-03-31
03190779
frs:ShareCapital
2022-03-31
03190779
2022-03-31
03190779
2021-04-01
2022-03-31
xbrli:pure
iso4217:GBP
xbrli:shares
Company Registration Number - 03190779 |
|
1. |
M B CONTRACTORS LIMITED
|
COMPANY NUMBER - 03190779
|
|
Balance sheet as at
31 March 2023
|
|
|
FIXED ASSETS
|
|
Tangible assets |
4 |
|
800
|
|
-
|
|
|
Investments |
5 |
|
110,776
|
|
640,000
|
|
|
|
|
|
|
|
|
|
|
111,576
|
|
640,000
|
|
Current assets
|
|
|
Debtors |
6 |
131,289
|
|
-
|
|
|
Cash at bank and in hand |
|
205,471
|
|
31,872
|
|
|
|
|
|
|
|
|
336,760
|
|
31,872
|
|
Current liabilities
|
|
Creditors - Amounts |
falling due within one year |
7 |
269,638
|
|
29,102
|
|
|
|
|
|
|
NET CURRENT ASSETS
|
|
|
67,122
|
|
2,770
|
|
|
|
|
|
|
|
Total assets less current liabilities
|
|
|
178,698
|
|
642,770
|
|
|
Creditors - Amounts falling |
|
|
due after more than one year |
7 |
|
-
|
|
(508,242) |
|
|
|
|
|
|
Net assets
|
|
|
178,698
|
|
134,528
|
|
|
|
|
|
|
|
|
|
2. |
M B CONTRACTORS LIMITED
|
COMPANY NUMBER - 03190779
|
|
Balance sheet as at
31 March 2023
|
|
|
|
|
|
2023 |
|
2022 |
|
|
|
---- |
|
---- |
|
Notes |
|
£ |
|
£ |
CAPITAL AND RESERVES
|
|
Called up share capital |
8 |
|
20
|
|
20
|
|
|
Profit and Loss account |
|
|
178,678
|
|
134,508 |
|
|
|
|
|
|
|
Shareholders' funds
|
|
|
178,698
|
|
134,528
|
|
|
|
|
|
|
|
These financial statements have been prepared in accordance with the provisions of FRS102 Section 1A of the Companies Act 2006 relating to small companies.
In accordance with section 444 of the Companies Act 2006, the directors' report and the profit and loss account have not been delivered.
For the financial year ended 31 March 2023, the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.
The members have not required the company to obtain an audit.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
Approved by the board of directors on 26 October 2023
|
|
and signed on their behalf by: |
|
|
MR M BETTY
|
|
The notes on pages 3 to 5 form an integral part of these accounts.
|
|
3. |
M B CONTRACTORS LIMITED
|
|
Notes to the Financial Statements
|
|
For the year ended 31 March 2023
|
|
|
1. General Information
|
|
M B CONTRACTORS LIMITED is a Private Company, limited by shares, domiciled in England and Wales, registration number 03190779.
The company's registered office is Brunswick House, 1 Weirfield Green, Taunton, Somerset TA1 1AZ.
|
2. Accounting policies
|
|
Basis of accounting
|
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Turnover is measured at the fair value of the consideration received or receivable and represents goods supplied or services rendered, stated net of Value Added Tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.
|
Tangible fixed assets and depreciation
|
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:
Plant and machinery - 25% reducing balance
The properties are valued annually by the directors at the end of the financial year on an open market basis assuming they are tenanted, with the company's share of any resulting surplus or deficit being transferred to the revaluation reserve.
|
3. Employees
|
|
The average number of persons employed by the company (including dirctors) during the year was 1
|
and in 2022 was 1
|
|
4. |
M B CONTRACTORS LIMITED
|
|
Notes to the Financial Statements
|
|
For the year ended 31 March 2023
|
|
|
4. Fixed assets - tangible
|
|
Plant and |
|
Machinery |
|
etc. |
|
|
Fair value
|
£
|
At 1 April 2022 |
525 |
Additions |
1,200 |
|
|
At 31 March 2023 |
1,725 |
|
|
|
Depreciation
|
At 1 April 2022 |
525 |
Charge for year |
400 |
|
|
At 31 March 2023 |
925 |
|
|
|
Net book values
|
At 31 March 2023 |
800 |
|
|
|
|
|
5. Fixed assets - investments
|
|
Unlisted |
|
Investments |
|
£ |
Cost |
At 1 April 2022 |
640,000 |
Additions |
226,000 |
Disposals |
755,224 |
|
|
At 31 March 2023 |
110,776 |
|
|
|
6. Debtors
|
|
Due within one year: |
|
|
|
|
Trade debtors |
131,289
|
|
-
|
|
|
|
|
|
5. |
M B CONTRACTORS LIMITED
|
|
Notes to the Financial Statements
|
|
For the year ended 31 March 2023
|
|
7. Creditors
|
|
Amounts falling due within one year: |
|
|
|
|
Trade creditors |
14,226
|
|
5,285
|
Taxation and social security |
-
|
|
4,085
|
Director's Current Accounts |
255,412
|
|
19,732
|
|
|
|
|
|
269,638 |
|
29,102 |
|
|
|
|
Amounts falling due after one year: |
|
|
|
|
Other creditors: |
|
|
|
|
Secured bank loan |
-
|
|
508,242
|
|
|
|
|
|
|
8. Called up share capital
|
|
There was no change in share capital during the year.
Allotted, called up and fully paid |
|
|
|
|
Ordinary shares of £1 each
|
20 |
|
20 |
|
|
|
|
9. Related party transactions
|
|
Advance from directors
The company owed the director £255412 (2022 - £19732) as at the 31 March 2023. The loan is interest free and has no fixed term for repayment.
Mr M Betty, a director, controls the company by virtue of a majority shareholding.