M.B.O. (UK) LIMITED

Company Registration Number:
02191558 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

M.B.O. (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

M.B.O. (UK) LIMITED

Company Information

for the Period Ended 29 February 2024




Director: F Nimmo
Registered office: Mill End
Standon Ware
Hertfordshire
SG11 1LR
Company Registration Number: 02191558 (England and Wales)

M.B.O. (UK) LIMITED

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

Selling of solder and related products

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
F Nimmo

This report was approved by the board of directors on 24 October 2024
And Signed On Behalf Of The Board By:

Name: F Nimmo
Status: Director

M.B.O. (UK) LIMITED

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 137,105 250,982
Administrative Expenses ( 187,382 ) ( 184,717 )
Operating Profit or (Loss) ( 50,277 ) 66,265
Interest Receivable and Similar Income 668 142
Profit or (Loss) Before Tax ( 49,609 ) 66,407
Tax on Profit - ( 12,663 )
Profit or (Loss) for Period ( 49,609 ) 53,744

The notes form part of these financial statements

M.B.O. (UK) LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,198 2,593
Total fixed assets: 2,198 2,593
Current assets
Stocks: 285,590 224,684
Debtors: 86,871 82,142
Cash at bank and in hand: 43,181 328,678
Total current assets: 415,642 635,504
Creditors: amounts falling due within one year: ( 26,511 ) ( 11,479 )
Net current assets (liabilities): 389,131 624,025
Total assets less current liabilities: 391,329 626,618
Creditors: amounts falling due after more than one year: ( 8,480 ) ( 6,191 )
Total net assets (liabilities): 382,849 620,427

The notes form part of these financial statements

M.B.O. (UK) LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 382,749 620,327
Shareholders funds: 382,849 620,427

For the year ending 29 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 October 2024
And Signed On Behalf Of The Board By:

Name: F Nimmo
Status: Director

The notes form part of these financial statements

M.B.O. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

M.B.O. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 2

M.B.O. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

M.B.O. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 43,155
Additions 338
Disposals -
Revaluations -
Transfers -
At 29 February 2024 43,493
Depreciation
At 01 March 2023 40,562
Charge for year 733
On disposals -
Other adjustments -
At 29 February 2024 41,295
Net book value
At 29 February 2024 2,198
At 28 February 2023 2,593