2022-06-072023-06-302023-06-30false14153848MCROFBRE LTD2023-11-27iso4217:GBPxbrli:pure141538482022-06-07141538482023-06-30141538482022-06-072023-06-30141538482022-06-06141538482022-06-06141538482022-06-062022-06-0614153848bus:SmallEntities2022-06-072023-06-3014153848bus:AuditExempt-NoAccountantsReport2022-06-072023-06-3014153848bus:FullAccounts2022-06-072023-06-3014153848bus:PrivateLimitedCompanyLtd2022-06-072023-06-3014153848core:WithinOneYear2023-06-3014153848core:AfterOneYear2023-06-3014153848core:WithinOneYear2022-06-0614153848core:AfterOneYear2022-06-0614153848core:ShareCapital2023-06-3014153848core:SharePremium2023-06-3014153848core:RevaluationReserve2023-06-3014153848core:OtherReservesSubtotal2023-06-3014153848core:RetainedEarningsAccumulatedLosses2023-06-3014153848core:ShareCapital2022-06-0614153848core:SharePremium2022-06-0614153848core:RevaluationReserve2022-06-0614153848core:OtherReservesSubtotal2022-06-0614153848core:RetainedEarningsAccumulatedLosses2022-06-0614153848core:LandBuildings2023-06-3014153848core:PlantMachinery2023-06-3014153848core:Vehicles2023-06-3014153848core:FurnitureFittings2023-06-3014153848core:OfficeEquipment2023-06-3014153848core:NetGoodwill2023-06-3014153848core:IntangibleAssetsOtherThanGoodwill2023-06-3014153848core:ListedExchangeTraded2023-06-3014153848core:UnlistedNon-exchangeTraded2023-06-3014153848core:LandBuildings2022-06-0614153848core:PlantMachinery2022-06-0614153848core:Vehicles2022-06-0614153848core:FurnitureFittings2022-06-0614153848core:OfficeEquipment2022-06-0614153848core:NetGoodwill2022-06-0614153848core:IntangibleAssetsOtherThanGoodwill2022-06-0614153848core:ListedExchangeTraded2022-06-0614153848core:UnlistedNon-exchangeTraded2022-06-0614153848core:LandBuildings2022-06-072023-06-3014153848core:PlantMachinery2022-06-072023-06-3014153848core:Vehicles2022-06-072023-06-3014153848core:FurnitureFittings2022-06-072023-06-3014153848core:OfficeEquipment2022-06-072023-06-3014153848core:NetGoodwill2022-06-072023-06-3014153848core:IntangibleAssetsOtherThanGoodwill2022-06-072023-06-3014153848core:ListedExchangeTraded2022-06-072023-06-3014153848core:UnlistedNon-exchangeTraded2022-06-072023-06-3014153848core:MoreThanFiveYears2022-06-072023-06-3014153848core:Non-currentFinancialInstruments2023-06-3014153848core:Non-currentFinancialInstruments2022-06-0614153848dpl:CostSales2022-06-072023-06-3014153848dpl:DistributionCosts2022-06-072023-06-3014153848core:LandBuildings2022-06-072023-06-3014153848core:PlantMachinery2022-06-072023-06-3014153848core:Vehicles2022-06-072023-06-3014153848core:FurnitureFittings2022-06-072023-06-3014153848core:OfficeEquipment2022-06-072023-06-3014153848dpl:AdministrativeExpenses2022-06-072023-06-3014153848core:NetGoodwill2022-06-072023-06-3014153848core:IntangibleAssetsOtherThanGoodwill2022-06-072023-06-3014153848dpl:GroupUndertakings2022-06-072023-06-3014153848dpl:ParticipatingInterests2022-06-072023-06-3014153848dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-072023-06-3014153848core:ListedExchangeTraded2022-06-072023-06-3014153848dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-072023-06-3014153848core:UnlistedNon-exchangeTraded2022-06-072023-06-3014153848dpl:CostSales2022-06-062022-06-0614153848dpl:DistributionCosts2022-06-062022-06-0614153848core:LandBuildings2022-06-062022-06-0614153848core:PlantMachinery2022-06-062022-06-0614153848core:Vehicles2022-06-062022-06-0614153848core:FurnitureFittings2022-06-062022-06-0614153848core:OfficeEquipment2022-06-062022-06-0614153848dpl:AdministrativeExpenses2022-06-062022-06-0614153848core:NetGoodwill2022-06-062022-06-0614153848core:IntangibleAssetsOtherThanGoodwill2022-06-062022-06-0614153848dpl:GroupUndertakings2022-06-062022-06-0614153848dpl:ParticipatingInterests2022-06-062022-06-0614153848dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-062022-06-0614153848core:ListedExchangeTraded2022-06-062022-06-0614153848dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-062022-06-0614153848core:UnlistedNon-exchangeTraded2022-06-062022-06-0614153848core:NetGoodwill2023-06-3014153848core:IntangibleAssetsOtherThanGoodwill2023-06-3014153848core:LandBuildings2023-06-3014153848core:PlantMachinery2023-06-3014153848core:Vehicles2023-06-3014153848core:FurnitureFittings2023-06-3014153848core:OfficeEquipment2023-06-3014153848core:AfterOneYear2023-06-3014153848core:WithinOneYear2023-06-3014153848core:ListedExchangeTraded2023-06-3014153848core:UnlistedNon-exchangeTraded2023-06-3014153848core:ShareCapital2023-06-3014153848core:SharePremium2023-06-3014153848core:RevaluationReserve2023-06-3014153848core:OtherReservesSubtotal2023-06-3014153848core:RetainedEarningsAccumulatedLosses2023-06-3014153848core:NetGoodwill2022-06-0614153848core:IntangibleAssetsOtherThanGoodwill2022-06-0614153848core:LandBuildings2022-06-0614153848core:PlantMachinery2022-06-0614153848core:Vehicles2022-06-0614153848core:FurnitureFittings2022-06-0614153848core:OfficeEquipment2022-06-0614153848core:AfterOneYear2022-06-0614153848core:WithinOneYear2022-06-0614153848core:ListedExchangeTraded2022-06-0614153848core:UnlistedNon-exchangeTraded2022-06-0614153848core:ShareCapital2022-06-0614153848core:SharePremium2022-06-0614153848core:RevaluationReserve2022-06-0614153848core:OtherReservesSubtotal2022-06-0614153848core:RetainedEarningsAccumulatedLosses2022-06-0614153848core:NetGoodwill2022-06-0614153848core:IntangibleAssetsOtherThanGoodwill2022-06-0614153848core:LandBuildings2022-06-0614153848core:PlantMachinery2022-06-0614153848core:Vehicles2022-06-0614153848core:FurnitureFittings2022-06-0614153848core:OfficeEquipment2022-06-0614153848core:AfterOneYear2022-06-0614153848core:WithinOneYear2022-06-0614153848core:ListedExchangeTraded2022-06-0614153848core:UnlistedNon-exchangeTraded2022-06-0614153848core:ShareCapital2022-06-0614153848core:SharePremium2022-06-0614153848core:RevaluationReserve2022-06-0614153848core:OtherReservesSubtotal2022-06-0614153848core:RetainedEarningsAccumulatedLosses2022-06-0614153848core:AfterOneYear2022-06-072023-06-3014153848core:WithinOneYear2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:CostValuation2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-072023-06-3014153848core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3014153848core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3014153848core:Non-currentFinancialInstrumentscore:CostValuation2022-06-0614153848core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-0614153848core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-0614153848core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-0614153848core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-0614153848core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-0614153848core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-0614153848core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-0614153848core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-0614153848bus:Director12022-06-072023-06-3014153848bus:Director22022-06-072023-06-30

MCROFBRE LTD

Registered Number
14153848
(England and Wales)

Unaudited Financial Statements for the Period ended
30 June 2023

MCROFBRE LTD
Company Information
for the period from 7 June 2022 to 30 June 2023

Directors

BASRA, Harveer Singh
IBRAHIM, Haroon Gulam

Company Secretary

BASRA, Harveer

Registered Address

42 High Street Wanstead
London
E11 2RJ

Registered Number

14153848 (England and Wales)
MCROFBRE LTD
Balance Sheet as at
30 June 2023

Notes

2023

£

£

Fixed assets
Tangible assets6270
270
Current assets
Stocks734,993
Debtors4,032
Cash at bank and on hand3,488
42,513
Creditors amounts falling due within one year9(39,972)
Net current assets (liabilities)2,541
Total assets less current liabilities2,811
Creditors amounts falling due after one year10(45,000)
Net assets(42,189)
Capital and reserves
Called up share capital100
Profit and loss account(42,289)
Shareholders' funds(42,189)
The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2023, and are signed on its behalf by:
IBRAHIM, Haroon Gulam
Director
Registered Company No. 14153848
MCROFBRE LTD
Notes to the Financial Statements
for the period ended 30 June 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.Principal activities
The principal activity company under review was that of wholesale and retail sales of microfibre cloths.
4.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:

Straight line (years)
Office Equipment3
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
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.
5.Employee information

2023
Average number of employees during the year2
6.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
Additions405405
At 30 June 23405405
Depreciation and impairment
Charge for year135135
At 30 June 23135135
Net book value
At 30 June 23270270
At 06 June 22--
7.Stocks

2023

£
Finished goods34,993
Total34,993
8.Debtors within one year

2023

£
Other debtors4,032
Total4,032
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.
9.Creditors within one year

2023

£
Amounts owed to related parties38,472
Accrued liabilities and deferred income1,500
Total39,972
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.
10.Creditors after one year

2023

£
Amounts owed to related parties45,000
Total45,000