IRIS Accounts Production v23.3.0.418 11349159 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113491592022-03-31113491592023-03-31113491592022-04-012023-03-31113491592021-03-31113491592021-04-012022-03-31113491592022-03-3111349159ns10:Originalns15:EnglandWales2022-04-012023-03-3111349159ns14:PoundSterlingns10:Original2022-04-012023-03-3111349159ns10:Originalns10:Director12022-04-012023-03-3111349159ns10:Original2022-04-012023-03-3111349159ns10:Originalns10:Director22022-04-012023-03-3111349159ns10:Original2023-03-3111349159ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3111349159ns10:Originalns10:SmallEntities2022-04-012023-03-3111349159ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3111349159ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111349159ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3111349159ns10:Originalns10:FullAccounts2022-04-012023-03-3111349159ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3111349159ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3111349159ns10:OrdinaryShareClass3ns10:Original2022-04-012023-03-3111349159ns10:Originalns10:Director32022-04-012023-03-3111349159ns10:Originalns10:RegisteredOffice2022-04-012023-03-3111349159ns10:Original2022-03-3111349159ns10:Originalns5:CurrentFinancialInstruments2023-03-3111349159ns10:Originalns5:CurrentFinancialInstruments2022-03-3111349159ns5:ShareCapitalns10:Original2023-03-3111349159ns5:ShareCapitalns10:Original2022-03-3111349159ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3111349159ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3111349159ns10:Original2021-04-012022-03-3111349159ns10:Originalns10:OrdinaryShareClass12023-03-3111349159ns10:Originalns10:OrdinaryShareClass22023-03-3111349159ns10:OrdinaryShareClass3ns10:Original2023-03-31
REGISTERED NUMBER: 11349159 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

MANSBRIDGE HOMES LTD

MANSBRIDGE HOMES LTD (REGISTERED NUMBER: 11349159)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MANSBRIDGE HOMES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mrs J A Buckmaster
Mr P A Mansbridge
Mrs K Mansbridge





REGISTERED OFFICE: Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH





BUSINESS ADDRESS: 11 Sandleigh Road
Wootton
ABINGDON
Oxfordshire
OX13 6DP





REGISTERED NUMBER: 11349159 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

MANSBRIDGE HOMES LTD (REGISTERED NUMBER: 11349159)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Stocks 951,217 511,879
Cash at bank 8,363 75
959,580 511,954
CREDITORS
Amounts falling due within one year 4 943,163 526,194
NET CURRENT ASSETS/(LIABILITIES) 16,417 (14,240 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,417

(14,240

)

CAPITAL AND RESERVES
Called up share capital 5 150 150
Retained earnings 16,267 (14,390 )
SHAREHOLDERS' FUNDS 16,417 (14,240 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement 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:




Mrs J A Buckmaster - Director



Mr P A Mansbridge - Director


MANSBRIDGE HOMES LTD (REGISTERED NUMBER: 11349159)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Mansbridge Homes 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower cost and net realisable value.

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 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 6,051 -
Amounts owed to group undertakings 46,613 42,613
Tax 6,336 -
Other creditors 400,000 -
Directors' current accounts 482,963 482,950
Accrued expenses 1,200 631
943,163 526,194

MANSBRIDGE HOMES LTD (REGISTERED NUMBER: 11349159)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
50 Ordinary C £1 50 50
150 150

6. RELATED PARTY DISCLOSURES

During the year the company was invoiced £744,640 (2022: £96,000) for goods and services by Peter L Mansbridge and Son Ltd, a company in which Paul Mansbridge and Julie Buckmaster are both directors and shareholders. All transactions were conducted on an arms length basis.

At the year end date the company owed £46,613 (2022 : £42,613) to Peter L Mansbridge and Son Ltd, and is included within creditors falling due within one year.

The company was loaned £400,000 during the year from Mansbridge and Murray Development Limited, a company in which Paul Mansbridge is both a director and shareholder. At the balance sheet date £400,000 was owed to them.