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Company Registration No. SC755882 (Scotland)
S&D Nanda T/a MB Glasgow Ltd Unaudited accounts for the period from 18 August 2023 to 31 January 2024
S&D Nanda T/a MB Glasgow Ltd Unaudited accounts Contents
Page
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S&D Nanda T/a MB Glasgow Ltd Company Information for the period from 18 August 2023 to 31 January 2024
Directors
VICKY NANDA SATISH NANDA SAROJ NANDA PALLAVI NANDA
Company Number
SC755882 (Scotland)
Registered Office
Brand Jamieson & Co 2 Victoria Place Rutherglen Glasgow Lanarkshire G73 2JP Scotland
Accountants
Brand Jamieson & Co Ltd 2 Victoria Place Rutherglen Glasgow G73 2JP
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S&D Nanda T/a MB Glasgow Ltd Statement of financial position as at 31 January 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
165,068 
Tangible assets
42,275 
207,343 
Current assets
Inventories
4,200 
Debtors
1,618 
Cash at bank and in hand
75,240 
81,058 
Creditors: amounts falling due within one year
(118,553)
Net current liabilities
(37,495)
Total assets less current liabilities
169,848 
Creditors: amounts falling due after more than one year
(133,310)
Net assets
36,538 
Capital and reserves
Called up share capital
4 
Profit and loss account
36,534 
Shareholders' funds
36,538 
For the period 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 directors acknowledge their 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 of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by
VICKY NANDA Director Company Registration No. SC755882
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S&D Nanda T/a MB Glasgow Ltd Notes to the Accounts for the period from 18 August 2023 to 31 January 2024
1
Statutory information
S&D Nanda T/a MB Glasgow Ltd is a private company, limited by shares, registered in Scotland, registration number SC755882. The registered office is Brand Jamieson & Co, 2 Victoria Place, Rutherglen, Glasgow, Lanarkshire, G73 2JP, Scotland.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 18 August 2023
- 
Additions
169,300 
At 31 January 2024
169,300 
Amortisation
At 18 August 2023
- 
Charge for the period
4,232 
At 31 January 2024
4,232 
Net book value
At 31 January 2024
165,068 
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S&D Nanda T/a MB Glasgow Ltd Notes to the Accounts for the period from 18 August 2023 to 31 January 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 18 August 2023
- 
Additions
45,700 
At 31 January 2024
45,700 
Depreciation
Charge for the period
3,425 
At 31 January 2024
3,425 
Net book value
At 31 January 2024
42,275 
6
Debtors
2024 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,618 
7
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
12,000 
VAT
12,092 
Trade creditors
17,733 
Taxes and social security
1,986 
Loans from directors
57,447 
Accruals
17,295 
118,553 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
133,310 
9
Average number of employees
During the period the average number of employees was 14.
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