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REGISTERED NUMBER: 04450330 (England and Wales)









Financial Statements

for the Year Ended 30 October 2022

for

MB Defence Services Limited

MB Defence Services Limited (Registered number: 04450330)






Contents of the Financial Statements
for the Year Ended 30 October 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MB Defence Services Limited

Company Information
for the Year Ended 30 October 2022







DIRECTOR: M Burman





SECRETARY: D Burman





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 04450330 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

MB Defence Services Limited (Registered number: 04450330)

Statement of Financial Position
30 October 2022

2022 2021
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 845 1,299

CURRENT ASSETS
Debtors 5 39,349 53,337
Cash at bank 41,830 20,887
81,179 74,224
CREDITORS
Amounts falling due within one year 6 (62,125 ) (56,545 )
NET CURRENT ASSETS 19,054 17,679
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,899

18,978

CREDITORS
Amounts falling due after more than one
year

7

(39,541

)

(45,833

)
NET LIABILITIES (19,642 ) (26,855 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (19,742 ) (26,955 )
SHAREHOLDERS' FUNDS (19,642 ) (26,855 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 13 November 2023 and were signed by:





M Burman - Director


MB Defence Services Limited (Registered number: 04450330)

Notes to the Financial Statements
for the Year Ended 30 October 2022

1. STATUTORY INFORMATION

MB Defence Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% Straight line
Motor vehicles - 20% on reducing balance
Computer equipment - 25% Straight line

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Pension costs and other post-retirement benefits
The company operates a Self Invested Personal Pension Scheme (SIPP), for the benefit of the company's Director. Employer contributions are charged to the profit and loss account when incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

MB Defence Services Limited (Registered number: 04450330)

Notes to the Financial Statements - continued
for the Year Ended 30 October 2022

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 31 October 2021 23,820
Additions 307
At 30 October 2022 24,127
DEPRECIATION
At 31 October 2021 22,521
Charge for year 761
At 30 October 2022 23,282
NET BOOK VALUE
At 30 October 2022 845
At 30 October 2021 1,299

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 39,349 43,101
Amounts owed by group undertakings - 10,236
39,349 53,337

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed to group undertakings 13,812 20,271
Taxation and social security 24,129 16,385
Other creditors 24,184 19,889
62,125 56,545

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Other creditors 39,541 45,833