2022-03-012023-02-282023-02-28false09436379MBA Haulage Limited2023-10-2649410iso4217:GBPxbrli:pure094363792022-03-01094363792023-02-28094363792022-03-012023-02-28094363792021-03-01094363792022-02-28094363792021-03-012022-02-2809436379bus:SmallEntities2022-03-012023-02-2809436379bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2809436379bus:FullAccounts2022-03-012023-02-2809436379bus:PrivateLimitedCompanyLtd2022-03-012023-02-2809436379core:WithinOneYear2023-02-2809436379core:AfterOneYear2023-02-2809436379core:WithinOneYear2022-02-2809436379core:AfterOneYear2022-02-2809436379core:ShareCapital2023-02-2809436379core:SharePremium2023-02-2809436379core:RevaluationReserve2023-02-2809436379core:OtherReservesSubtotal2023-02-2809436379core:RetainedEarningsAccumulatedLosses2023-02-2809436379core:ShareCapital2022-02-2809436379core:SharePremium2022-02-2809436379core:RevaluationReserve2022-02-2809436379core:OtherReservesSubtotal2022-02-2809436379core:RetainedEarningsAccumulatedLosses2022-02-2809436379core:LandBuildings2023-02-2809436379core:PlantMachinery2023-02-2809436379core:Vehicles2023-02-2809436379core:FurnitureFittings2023-02-2809436379core:OfficeEquipment2023-02-2809436379core:NetGoodwill2023-02-2809436379core:IntangibleAssetsOtherThanGoodwill2023-02-2809436379core:ListedExchangeTraded2023-02-2809436379core:UnlistedNon-exchangeTraded2023-02-2809436379core:LandBuildings2022-02-2809436379core:PlantMachinery2022-02-2809436379core:Vehicles2022-02-2809436379core:FurnitureFittings2022-02-2809436379core:OfficeEquipment2022-02-2809436379core:NetGoodwill2022-02-2809436379core:IntangibleAssetsOtherThanGoodwill2022-02-2809436379core:ListedExchangeTraded2022-02-2809436379core:UnlistedNon-exchangeTraded2022-02-2809436379core:LandBuildings2022-03-012023-02-2809436379core:PlantMachinery2022-03-012023-02-2809436379core:Vehicles2022-03-012023-02-2809436379core:FurnitureFittings2022-03-012023-02-2809436379core:OfficeEquipment2022-03-012023-02-2809436379core:NetGoodwill2022-03-012023-02-2809436379core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809436379core:ListedExchangeTraded2022-03-012023-02-2809436379core:UnlistedNon-exchangeTraded2022-03-012023-02-2809436379core:MoreThanFiveYears2022-03-012023-02-2809436379core:Non-currentFinancialInstruments2023-02-2809436379core:Non-currentFinancialInstruments2022-02-2809436379dpl:CostSales2022-03-012023-02-2809436379dpl:DistributionCosts2022-03-012023-02-2809436379core:LandBuildings2022-03-012023-02-2809436379core:PlantMachinery2022-03-012023-02-2809436379core:Vehicles2022-03-012023-02-2809436379core:FurnitureFittings2022-03-012023-02-2809436379core:OfficeEquipment2022-03-012023-02-2809436379dpl:AdministrativeExpenses2022-03-012023-02-2809436379core:NetGoodwill2022-03-012023-02-2809436379core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809436379dpl:GroupUndertakings2022-03-012023-02-2809436379dpl:ParticipatingInterests2022-03-012023-02-2809436379dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2809436379core:ListedExchangeTraded2022-03-012023-02-2809436379dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2809436379core:UnlistedNon-exchangeTraded2022-03-012023-02-2809436379dpl:CostSales2021-03-012022-02-2809436379dpl:DistributionCosts2021-03-012022-02-2809436379core:LandBuildings2021-03-012022-02-2809436379core:PlantMachinery2021-03-012022-02-2809436379core:Vehicles2021-03-012022-02-2809436379core:FurnitureFittings2021-03-012022-02-2809436379core:OfficeEquipment2021-03-012022-02-2809436379dpl:AdministrativeExpenses2021-03-012022-02-2809436379core:NetGoodwill2021-03-012022-02-2809436379core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2809436379dpl:GroupUndertakings2021-03-012022-02-2809436379dpl:ParticipatingInterests2021-03-012022-02-2809436379dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2809436379core:ListedExchangeTraded2021-03-012022-02-2809436379dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2809436379core:UnlistedNon-exchangeTraded2021-03-012022-02-2809436379core:NetGoodwill2023-02-2809436379core:IntangibleAssetsOtherThanGoodwill2023-02-2809436379core:LandBuildings2023-02-2809436379core:PlantMachinery2023-02-2809436379core:Vehicles2023-02-2809436379core:FurnitureFittings2023-02-2809436379core:OfficeEquipment2023-02-2809436379core:AfterOneYear2023-02-2809436379core:WithinOneYear2023-02-2809436379core:ListedExchangeTraded2023-02-2809436379core:UnlistedNon-exchangeTraded2023-02-2809436379core:ShareCapital2023-02-2809436379core:SharePremium2023-02-2809436379core:RevaluationReserve2023-02-2809436379core:OtherReservesSubtotal2023-02-2809436379core:RetainedEarningsAccumulatedLosses2023-02-2809436379core:NetGoodwill2022-02-2809436379core:IntangibleAssetsOtherThanGoodwill2022-02-2809436379core:LandBuildings2022-02-2809436379core:PlantMachinery2022-02-2809436379core:Vehicles2022-02-2809436379core:FurnitureFittings2022-02-2809436379core:OfficeEquipment2022-02-2809436379core:AfterOneYear2022-02-2809436379core:WithinOneYear2022-02-2809436379core:ListedExchangeTraded2022-02-2809436379core:UnlistedNon-exchangeTraded2022-02-2809436379core:ShareCapital2022-02-2809436379core:SharePremium2022-02-2809436379core:RevaluationReserve2022-02-2809436379core:OtherReservesSubtotal2022-02-2809436379core:RetainedEarningsAccumulatedLosses2022-02-2809436379core:NetGoodwill2021-03-0109436379core:IntangibleAssetsOtherThanGoodwill2021-03-0109436379core:LandBuildings2021-03-0109436379core:PlantMachinery2021-03-0109436379core:Vehicles2021-03-0109436379core:FurnitureFittings2021-03-0109436379core:OfficeEquipment2021-03-0109436379core:AfterOneYear2021-03-0109436379core:WithinOneYear2021-03-0109436379core:ListedExchangeTraded2021-03-0109436379core:UnlistedNon-exchangeTraded2021-03-0109436379core:ShareCapital2021-03-0109436379core:SharePremium2021-03-0109436379core:RevaluationReserve2021-03-0109436379core:OtherReservesSubtotal2021-03-0109436379core:RetainedEarningsAccumulatedLosses2021-03-0109436379core:AfterOneYear2022-03-012023-02-2809436379core:WithinOneYear2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:CostValuation2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2809436379core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2809436379core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2809436379core:Non-currentFinancialInstrumentscore:CostValuation2022-02-2809436379core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-2809436379core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-2809436379core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-2809436379core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-2809436379core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-2809436379core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-2809436379core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-2809436379core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-2809436379bus:Director12022-03-012023-02-28

MBA Haulage Limited

Registered Number
09436379
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

MBA Haulage Limited
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

Barbosu, Alexandru-Ioan

Registered Address

7 Petre Close
West Horndon
Brentwood
CM13 3TN

Registered Number

09436379 (England and Wales)
MBA Haulage Limited
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5542,537274,059
542,537274,059
Current assets
Debtors6131,55667,017
Cash at bank and on hand149,65483,568
281,210150,585
Creditors amounts falling due within one year7(336,163)(60,957)
Net current assets (liabilities)(54,953)89,628
Total assets less current liabilities487,584363,687
Provisions for liabilities8(51,828)(51,828)
Net assets435,756311,859
Capital and reserves
Called up share capital100-
Profit and loss account435,656311,859
Shareholders' funds435,756311,859
The financial statements were approved and authorised for issue by the Director on 26 October 2023, and are signed on its behalf by:
Barbosu, Alexandru-Ioan
Director
Registered Company No. 09436379
MBA Haulage Limited
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
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.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
4.Employee information

20232022
Average number of employees during the year43
5.Property, plant and equipment

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 March 22444,5452,797447,342
Additions364,220-364,220
At 28 February 23808,7652,797811,562
Depreciation and impairment
At 01 March 22171,7671,516173,283
Charge for year95,55019295,742
At 28 February 23267,3171,708269,025
Net book value
At 28 February 23541,4481,089542,537
At 28 February 22272,7781,281274,059
6.Debtors

2023

2022

££
Trade debtors / trade receivables110,56128,530
Other debtors20,99538,487
Total131,55667,017
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables28,99918,306
Taxation and social security108,11515,730
Other creditors197,44925,320
Accrued liabilities and deferred income1,6001,601
Total336,16360,957
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)51,82851,828
Total51,82851,828