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Company Registration No. 12699634 (England and Wales)
MBIN LIMITED Unaudited accounts for the year ended 30 June 2023
MBIN LIMITED Unaudited accounts Contents
Page
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MBIN LIMITED Company Information for the year ended 30 June 2023
Director
BIN MA
Company Number
12699634 (England and Wales)
Registered Office
9-10 LANSDOWNE HOUSE CHRISTCHURCH ROAD BOURNEMOUTH BH1 3JP ENGLAND
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MBIN LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,690 
Current assets
Cash at bank and in hand
2,340 
1,298 
Creditors: amounts falling due within one year
(28,760)
(15,536)
Net current liabilities
(26,420)
(14,238)
Net liabilities
(26,420)
(11,548)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(26,520)
(11,648)
Shareholders' funds
(26,420)
(11,548)
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 March 2024 and were signed on its behalf by
BIN MA Director Company Registration No. 12699634
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MBIN LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
MBIN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12699634. The registered office is 9-10 LANSDOWNE HOUSE CHRISTCHURCH ROAD, BOURNEMOUTH, BH1 3JP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2022
2,690 
At 30 June 2023
2,690 
Depreciation
Charge for the year
2,690 
At 30 June 2023
2,690 
Net book value
At 30 June 2023
- 
At 30 June 2022
2,690 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
11,786 
2,947 
Trade creditors
- 
1,500 
Loans from directors
16,974 
11,089 
28,760 
15,536 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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