IRIS Accounts Production v23.3.1.45 05293722 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false Ordinary Shares A 1.00000 Ordinary Shares B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052937222022-04-30052937222023-04-30052937222022-05-012023-04-30052937222021-04-30052937222021-05-012022-04-30052937222022-04-3005293722ns10:Originalns15:EnglandWales2022-05-012023-04-3005293722ns14:PoundSterlingns10:Original2022-05-012023-04-3005293722ns10:Originalns10:Director12022-05-012023-04-3005293722ns10:Original2022-05-012023-04-3005293722ns10:Original2023-04-3005293722ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3005293722ns10:Originalns10:SmallEntities2022-05-012023-04-3005293722ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3005293722ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3005293722ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3005293722ns10:Originalns10:FullAccounts2022-05-012023-04-3005293722ns10:Originalns10:OrdinaryShareClass12022-05-012023-04-3005293722ns10:Originalns10:OrdinaryShareClass22022-05-012023-04-3005293722ns10:Originalns10:Director22022-05-012023-04-3005293722ns10:CompanySecretary1ns10:Original2022-05-012023-04-3005293722ns10:Originalns10:RegisteredOffice2022-05-012023-04-3005293722ns10:Original2022-04-3005293722ns10:Originalns5:CurrentFinancialInstruments2023-04-3005293722ns10:Originalns5:CurrentFinancialInstruments2022-04-3005293722ns5:ShareCapitalns10:Original2023-04-3005293722ns5:ShareCapitalns10:Original2022-04-3005293722ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3005293722ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3005293722ns10:Originalns5:FurnitureFittings2022-05-012023-04-3005293722ns10:Original2021-05-012022-04-3005293722ns10:Originalns5:FurnitureFittings2022-04-3005293722ns10:Originalns5:FurnitureFittings2023-04-3005293722ns10:Originalns5:FurnitureFittings2022-04-3005293722ns10:Originalns10:OrdinaryShareClass12023-04-3005293722ns10:Originalns10:OrdinaryShareClass22023-04-30
REGISTERED NUMBER: 05293722 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

MKB FINANCIAL ADVISERS LTD

MKB FINANCIAL ADVISERS LTD (REGISTERED NUMBER: 05293722)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


MKB FINANCIAL ADVISERS LTD

COMPANY INFORMATION
For The Year Ended 30 April 2023







DIRECTORS: K W Bieraugel
M Kennedy





SECRETARY: K W Bieraugel





REGISTERED OFFICE: Ground Floor, Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR





REGISTERED NUMBER: 05293722 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

MKB FINANCIAL ADVISERS LTD (REGISTERED NUMBER: 05293722)

BALANCE SHEET
30 April 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Cash at bank 4,843 5,570

CREDITORS
Amounts falling due within one year 5 3,449 2,990
NET CURRENT ASSETS 1,394 2,580
TOTAL ASSETS LESS CURRENT LIABILITIES 1,394 2,580

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 1,294 2,480
SHAREHOLDERS' FUNDS 1,394 2,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





K W Bieraugel - Director


MKB FINANCIAL ADVISERS LTD (REGISTERED NUMBER: 05293722)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2023


1. STATUTORY INFORMATION

MKB Financial Advisers Ltd 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.

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 and derives from the provision of services falling within the company's ordinary activities.

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% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2022
and 30 April 2023 7,884
DEPRECIATION
At 1 May 2022
and 30 April 2023 7,884
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

MKB FINANCIAL ADVISERS LTD (REGISTERED NUMBER: 05293722)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax payable - 318
Social security and other taxes 164 141
Directors' current accounts 2,036 1,397
Accrued expenses 1,249 1,134
3,449 2,990

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 Ordinary Shares A £1 50 50
50 Ordinary Shares B £1 50 50
100 100

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors operate current accounts. As at the year end there was a credit balance of £2,036 (2022: £1,397).

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the two directors.