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REGISTERED NUMBER: 14239407 (England and Wales)















MBL (HOLDING) LTD

Financial Statements for the Year Ended 31 March 2024






MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MBL (HOLDING) LTD

Company Information
for the year ended 31 March 2024







DIRECTORS: A Barnley
A J Philpott
D R Bone





REGISTERED OFFICE: Nightingale House 46-48 East Street
Epsom
KT17 1HQ





REGISTERED NUMBER: 14239407 (England and Wales)





AUDITORS: Xeinadin Audit Limited
Chartered Accountants and Statutory Auditors
Nightingale House
46-48 East Street
Epsom
Surrey
KT17 1HQ

MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,033,761 2,033,761

CURRENT ASSETS
Debtors 5 - 4,941
Cash at bank 166,141 106,840
166,141 111,781
CREDITORS
Amounts falling due within one year 6 916,844 717,098
NET CURRENT LIABILITIES (750,703 ) (605,317 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,283,058

1,428,444

CREDITORS
Amounts falling due after more than one year 7 1,149,539 1,313,758
NET ASSETS 133,519 114,686

CAPITAL AND RESERVES
Called up share capital 8 100 100
Share premium 9 108,866 108,866
Retained earnings 9 24,553 5,720
SHAREHOLDERS' FUNDS 133,519 114,686

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:




A Barnley - Director



A J Philpott - Director


MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

MBL (Holding) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 2,033,761
NET BOOK VALUE
At 31 March 2024 2,033,761
At 31 March 2023 2,033,761

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 4,941

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 751,399 551,570
Other creditors 165,445 165,528
916,844 717,098

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 1,149,539 1,313,758

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

MBL (HOLDING) LTD (REGISTERED NUMBER: 14239407)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2023 5,720 108,866 114,586
Profit for the year 18,833 18,833
At 31 March 2024 24,553 108,866 133,419

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Donald Nelson FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

11. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

12. ULTIMATE CONTROLLING PARTY

As at the 31st March 2024 the ultimate controlling parties were A Barnley and A J Philpott.