Registered number
03469073
MBMBS Limited
Filleted Accounts
30 November 2023
MBMBS Limited
Registered number: 03469073
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 36 48
Current assets
Cash at bank and in hand 125 144
Creditors: amounts falling due within one year 4 1,270 3,422
Net current assets 1,395 3,566
Total assets less current liabilities 1,431 3,614
Creditors: amounts falling due after more than one year 5 (2,183) (2,517)
Net (liabilities)/assets (752) 1,097
Capital and reserves
Called up share capital 10 10
Profit and loss account (762) 1,087
Shareholder's funds (752) 1,097
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 member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
M Coles-Buggins
Director
Approved by the board on 31 July 2024
MBMBS Limited
Notes to the Accounts
for the year ended 30 November 2023
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022 1,134
At 30 November 2023 1,134
Depreciation
At 1 December 2022 1,086
Charge for the year 12
At 30 November 2023 1,098
Net book value
At 30 November 2023 36
At 30 November 2022 48
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 275 275
Taxation and social security costs 127 253
Other creditors (1,672) (3,950)
(1,270) (3,422)
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 2,183 2,517
6 Other information
MBMBS Limited is a private company limited by shares and incorporated in England. Its registered office is:
43 Deppers Bridge
Southam
Warwickshire
CV47 2SY
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