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REGISTERED NUMBER: 08228419 (England and Wales)









Financial Statements

for the Year Ended 30 October 2022

for

Club MB Holdings Limited

Club MB Holdings Limited (Registered number: 08228419)






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


Club MB Holdings Limited

Company Information
for the Year Ended 30 October 2022







DIRECTOR: M Burman





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 08228419 (England and Wales)





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

Club MB Holdings Limited (Registered number: 08228419)

Statement of Financial Position
30 October 2022

2022 2021
Notes £    £   
FIXED ASSETS
Investments 4 50,300 50,300

CURRENT ASSETS
Debtors 5 575,046 458,955
Cash at bank 5,203 5,293
580,249 464,248
CREDITORS
Amounts falling due within one year 6 (721 ) (10,956 )
NET CURRENT ASSETS 579,528 453,292
TOTAL ASSETS LESS CURRENT
LIABILITIES

629,828

503,592

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 629,628 503,392
SHAREHOLDERS' FUNDS 629,828 503,592

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


Club MB Holdings Limited (Registered number: 08228419)

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

1. STATUTORY INFORMATION

Club MB Holdings 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Investments
Fixed asset investments are measured at fair value with changes in fair value being recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 31 October 2021
and 30 October 2022 300 50,000 50,300
NET BOOK VALUE
At 30 October 2022 300 50,000 50,300
At 30 October 2021 300 50,000 50,300

Club MB Holdings Limited (Registered number: 08228419)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by group undertakings 552,596 434,987
Other debtors 22,450 23,968
575,046 458,955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed to group undertakings - 10,236
Other creditors 721 720
721 10,956

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 October 2022 and 30 October 2021:

2022 2021
£    £   
M Burman
Balance outstanding at start of year 23,036 6,293
Amounts advanced 21,763 16,743
Amounts repaid (23,036 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,763 23,036

The Director loan account was repaid after date. Interest is charged at a fair market rate.