MMB NETWORKS LIMITED

Company Registration Number:
NI671380 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MMB NETWORKS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

MMB NETWORKS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 288,882 234,241
Total fixed assets: 288,882 234,241
Current assets
Stocks: 28,247 148,238
Debtors:   2,247,974 609,081
Cash at bank and in hand: 2,771 30,718
Total current assets: 2,278,992 788,037
Creditors: amounts falling due within one year:   (2,786,232) (1,059,366)
Net current assets (liabilities): (507,240) (271,329)
Total assets less current liabilities: (218,358) (37,088)
Creditors: amounts falling due after more than one year:   (735,414) (217,075)
Total net assets (liabilities): (953,772) (254,163)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (953,872) (254,263)
Shareholders funds: (953,772) (254,163)

The notes form part of these financial statements

MMB NETWORKS LIMITED

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2023
and signed on behalf of the board by:

Name: Eugene McManus
Status: Director

The notes form part of these financial statements

MMB NETWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

MMB NETWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

MMB NETWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 259,009
Additions 95,725
At 31 March 2023 354,734
Depreciation
At 01 April 2022 24,768
Charge for year 41,084
At 31 March 2023 65,852
Net book value
At 31 March 2023 288,882
At 31 March 2022 234,241