M.L.B HEALTHCARE LIMITED

Company Registration Number:
12479258 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

M.L.B HEALTHCARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

M.L.B HEALTHCARE LIMITED

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal activities of the company

Health Care

Additional information

1. General InformationM.L.b Healthcare Limited is a private company, limited by shares, incorporated in England & Wales, registered number12479258. The registered office is Flat 1 32 Peckham Hill Street, London, SE15 6FZ.2. Accounting Policies2.1. Basis of Preparation of Financial StatementsThe financial statements have been prepared under the historical cost convention and in accordance with FinancialReporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republicof Ireland" and the Companies Act 2006.2.2. TurnoverTurnover is measured at the fair value of the consideration received or receivable, net of discounts and value addedtaxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover isreduced for estimated customer returns, rebates and other similar allowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods hastransferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. Thestage of completion of a contract is measured by comparing the costs incurred for work performed to date to the totalestimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of acontract cannot be estimated reliably.2.3. Tangible Fixed Assets and DepreciationTangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,over their expected useful lives on the following bases:Plant & Machinery 25% of written down value2.4. TaxationIncome tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in thestatement of comprehensive income because of items of income or expense that are taxable or deductible in otheryears and items that are never taxable or deductible. The company's liability for current tax is calculated using taxrates that have been enacted or substantively enacted by the end of the reporting period.Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financialstatements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities aregenerally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductibletemporary differences to the extent that it is probable that taxable profits will be available against which thosedeductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of eachreporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be availableto allow all or part of the asset to be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which theliability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantivelyenacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities anddeferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequencesthat would follow from the manner in which the Company expects, at the end of the reporting period, to recover orsettle the carrying amount of its assets and liabilities.Current or deferred tax for the year is recognised in profit or loss, except when they related to items that arerecognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is alsorecognised in other comprehensive income or directly in equity respectively.3. Average Number of EmployeesAverage number of employees, including directors, during the year was as follows: 1 (2022: 1)



Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

Modou Barrow


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 May 2024

And signed on behalf of the board by:
Name: Modou Barrow
Status: Director

M.L.B HEALTHCARE LIMITED

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 107,108 50,831
Cost of sales: ( 10,500 ) ( 5,500 )
Gross profit(or loss): 96,608 45,331
Distribution costs: ( 13,980 ) ( 7,000 )
Administrative expenses: ( 79,238 ) ( 37,400 )
Operating profit(or loss): 3,390 931
Profit(or loss) before tax: 3,390 931
Profit(or loss) for the financial year: 3,390 931

M.L.B HEALTHCARE LIMITED

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,753 3,671
Total fixed assets: 2,753 3,671
Current assets
Debtors: 4 638 163
Cash at bank and in hand: 1
Total current assets: 638 164
Creditors: amounts falling due within one year: 5 ( 3,834 )
Net current assets (liabilities): 638 (3,670)
Total assets less current liabilities: 3,391 1
Total net assets (liabilities): 3,391 1
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3,390
Total Shareholders' funds: 3,391 1

The notes form part of these financial statements

M.L.B HEALTHCARE LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 May 2024
and signed on behalf of the board by:

Name: Modou Barrow
Status: Director

The notes form part of these financial statements

M.L.B HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    TurnoverTurnover is measured at the fair value of the consideration received or receivable, net of discounts and value addedtaxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover isreduced for estimated customer returns, rebates and other similar allowances.

M.L.B HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

M.L.B HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 3,671 3,671
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 3,671 3,671
Depreciation
At 1 August 2022 0 0
Charge for year 918 918
On disposals
Other adjustments
At 31 July 2023 918 918
Net book value
At 31 July 2023 2,753 2,753
At 31 July 2022 3,671 3,671

M.L.B HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Trade debtors 638 163
Total 638 163

M.L.B HEALTHCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

  2022
  £
Trade creditors 3,834
Total   3,834