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Company Registration No. 12391288 (England and Wales)
MBF ESTATES LTD Unaudited accounts for the year ended 31 January 2024
MBF ESTATES LTD Annual report and unaudited accounts for the year ended 31 January 2024
CONTENTS
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MBF ESTATES LTD Company Information for the year ended 31 January 2024
Director
Mitchell Babalola Christopher Fasanya
Company Number
12391288 (England and Wales)
Registered Office
23 SUTHERLAND ROAD BELVEDERE DA17 6JR ENGLAND
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of MBF ESTATES LTD for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MBF ESTATES LTD for the year ended 31 January 2024 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of MBF ESTATES LTD, as a body, in accordance with the terms of our engagement letter dated 9 June 2022. Our work has been undertaken solely to prepare for your approval the accounts of MBF ESTATES LTD and state those matters that we have agreed to state to the Board of Directors of MBF ESTATES LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MBF ESTATES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MBF ESTATES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MBF ESTATES LTD. You consider that MBF ESTATES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MBF ESTATES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Accountants 13 August 2024
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MBF ESTATES LTD Statement of Financial Position as at 31 January 2024
2024 
2023 
£ 
£ 
Fixed assets
678,598 
311,595 
Current assets
42,222 
18,459 
Creditors: amounts falling due within one year
(256,948)
(345,847)
Net current liabilities
(214,726)
(327,388)
Total assets less current liabilities
463,872 
(15,793)
Creditors: amounts falling due after more than one year
(477,499)
- 
Net liabilities
(13,627)
(15,793)
Capital and reserves
(13,627)
(15,793)
NOTES TO THE ACCOUNTS
1 Statutory information
MBF ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 12391288. The registered office is 23 SUTHERLAND ROAD, BELVEDERE, DA17 6JR, ENGLAND.
2 Average number of employees
During the year the average number of employees was 1 (2023: 1).
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 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.
Approved by the board on 13 August 2024
Mitchell Babalola Christopher Fasanya Director Company Registration No. 12391288
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