2023-04-01 2024-03-31 false No description of principal activity Capium Accounts Production 1.1 SC707571 bus:FullAccounts 2023-04-01 2024-03-31 SC707571 bus:Micro-entities 2023-04-01 2024-03-31 SC707571 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC707571 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC707571 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC707571 2023-04-01 2024-03-31 SC707571 2024-03-31 SC707571 bus:RegisteredOffice 2023-04-01 2024-03-31 SC707571 core:WithinOneYear 2024-03-31 SC707571 core:AfterOneYear 2024-03-31 SC707571 bus:Director1 2023-04-01 2024-03-31 SC707571 bus:Director1 2024-03-31 SC707571 bus:Director1 2022-04-01 2023-03-31 SC707571 bus:Director2 2023-04-01 2024-03-31 SC707571 bus:Director2 2024-03-31 SC707571 bus:Director2 2022-04-01 2023-03-31 SC707571 2022-04-01 SC707571 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 SC707571 2022-04-01 2023-03-31 SC707571 2023-03-31 SC707571 core:WithinOneYear 2023-03-31 SC707571 core:AfterOneYear 2023-03-31 SC707571 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 SC707571 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 SC707571 bus:OrdinaryShareClass1 2024-03-31 SC707571 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 SC707571 bus:OrdinaryShareClass1 2023-03-31 SC707571 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 SC707571 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 SC707571 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 SC707571 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 SC707571 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 SC707571 core:Non-currentFinancialInstruments 2024-03-31 SC707571 core:Non-currentFinancialInstruments 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: SC707571
Scotland

 

 

 

MBAS HOLDINGS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
Directors Mark Sneddon
Audrey Sneddon
Registered Number SC707571
Registered Office 43 Craigvale Crescent
Airdie
ML6 8EP
Accountants Libratum Accountancy Ltd
83 Coreshill Crescent

Hamilton
ML3 8FD
1
  2024   2023
    £ £   £ £
Fixed assets   1      1 
Current assets 359,839      142,507   
Creditors: amount falling due within one year     (7,894)  
Net current assets   359,839      134,613 
Total assets less current liabilities   359,840      134,614 
Net assets   359,840      134,614 
 

         
Capital and reserves   359,840      134,614 
 
NOTES TO THE ACCOUNTS

General Information
MBAS Holdings Ltd is a private company, limited by shares, registered in Scotland, registration number SC707571, registration address 43 Craigvale Crescent, Airdie, ML6 8EP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 14 August 2024 and were signed on its behalf by:


--------------------------------
Mark Sneddon
Director
2