Company Registration No. 04343770 (England and Wales)
MBC North East Limited
Unaudited accounts
for the period from 1 January 2024 to 15 October 2024
MBC North East Limited
Unaudited accounts
Contents
MBC North East Limited
Company Information
for the period from 1 January 2024 to 15 October 2024
Director
Mr Christopher Earl
Company Number
04343770 (England and Wales)
Registered Office
C/O Workwell Outsourcing
Wharfebank House South
Wharfebank Mills
Otley
LS21 3JP
United Kingdom
MBC North East Limited
Statement of financial position
as at 15 October 2024
Called up share capital not paid
-
2
Cash at bank and in hand
504,073
312,390
Creditors: amounts falling due within one year
(11,009)
(77,062)
Net current assets
505,763
459,447
Net assets
505,763
463,651
Called up share capital
47
47
Profit and loss account
505,716
463,604
Shareholders' funds
505,763
463,651
For the period ending 15 October 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 October 2024 and were signed on its behalf by
Mr Christopher Earl
Director
Company Registration No. 04343770
MBC North East Limited
Notes to the Accounts
for the period from 1 January 2024 to 15 October 2024
MBC North East Limited is a private company, limited by shares, registered in England and Wales, registration number 04343770. The registered office is C/O Workwell Outsourcing , Wharfebank House South, Wharfebank Mills, Otley, LS21 3JP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
1,791
17,800
19,591
Disposals
(1,791)
(17,800)
(19,591)
At 1 January 2024
358
15,031
15,389
On disposals
(358)
(15,031)
(15,389)
At 31 December 2023
1,433
2,769
4,202
MBC North East Limited
Notes to the Accounts
for the period from 1 January 2024 to 15 October 2024
Amounts falling due within one year
Accrued income and prepayments
-
3,109
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,009
40,123
Accrued preference dividends
-
3,985
Loans from directors
-
3,898
Allotted, called up and fully paid:
45 Ordinary B Shares of £1 each
45
45
2 Ordinary C Shares of £1 each
2
2
8
Average number of employees
During the period the average number of employees was 2 (2023: 2).