Number
13363072
MB COUNSELLING & PSYCHOTHERAPY LIMITED
Filleted Accounts
30 April 2024
MB COUNSELLING & PSYCHOTHERAPY LIMITED
Registered number: 13363072
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 17,836 483
Cash at bank and in hand 32,069 40,499
49,905 40,982
Creditors: amounts falling due within one year 9 (28,797) (39,951)
Net current assets 21,108 1,031
Total assets less current liabilities 21,108 1,031
Net assets 21,108 1,031
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 20,108 31
Shareholders' funds 21,108 1,031
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr. Gareth Jones
Secretary
Approved by the board on 4 August 2024
MB COUNSELLING & PSYCHOTHERAPY LIMITED
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
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.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Ms. Martina Ruth Bilmayer 9,024 -
Mr. Gareth Jones 8,323 -
Prepayments 489 483
17,836 483
9 Creditors: amounts falling due within one year 2024 2023
£ £
Ms. Martina Ruth Bilmayer - 8,170
Mr. Gareth Jones - 8,107
VAT 5,894 5,532
Corporation tax 22,893 18,128
Accruals 10 14
28,797 39,951
10 Ultimate controlling party and related party transactions
The company was under the control of Ms. Martina Ruth Bilmayer throughout the current period.
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 except for those disclosed below.
Mr. Gareth Jones is the director's partner.
2024 2023
£ £
Equity dividends paid to Ms. Martina Ruth Bilmayer 45,000 47,500
Equity dividends paid to Mr. Gareth Jones 12,570 28,287
Balance owing (to) / from Ms. Martina Ruth Bilmayer 9,024 (8,170)
Balance owing (to) / from Mr. Gareth Jones 8,323 (8,107)
Value of work done in cost of sales on sub-contract with Mr. Gareth Jones 1,050 4,200
Interest at 2.25% per annum is charged on balances over £10,000 owed to the company.
11 Other information
MB COUNSELLING & PSYCHOTHERAPY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
4 Fulham Park Studios
Fulham Park Road
London SW6 4LW
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