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Company Registration No. 06825370 (England and Wales)
MBC Electrical Testing Limited Unaudited accounts for the year ended 29 February 2024
MBC Electrical Testing Limited Unaudited accounts Contents
Page
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MBC Electrical Testing Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,250 
1,740 
Current assets
Debtors
36,551 
20,853 
Cash at bank and in hand
16,621 
24,900 
53,172 
45,753 
Creditors: amounts falling due within one year
(47,924)
(35,424)
Net current assets
5,248 
10,329 
Total assets less current liabilities
6,498 
12,069 
Creditors: amounts falling due after more than one year
- 
(1,539)
Provisions for liabilities
Deferred tax
(312)
- 
Net assets
6,186 
10,530 
Capital and reserves
Called up share capital
72 
72 
Profit and loss account
6,114 
10,458 
Shareholders' funds
6,186 
10,530 
For the year ending 29 February 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 27 November 2024 and were signed on its behalf by
M Bellchambers Director Company Registration No. 06825370
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MBC Electrical Testing Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
MBC Electrical Testing Limited is a private company, limited by shares, registered in England and Wales, registration number 06825370. The registered office is 25 Sandpiper Road, Stowmarket, IP14 5FH.
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 remained unchanged from the previous year, and also 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.
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:
Plant & machinery
25% reducing balance
Computer equipment
20% straight line
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
3,821 
1,643 
5,464 
At 29 February 2024
3,821 
1,643 
5,464 
Depreciation
At 1 March 2023
3,178 
546 
3,724 
Charge for the year
162 
328 
490 
At 29 February 2024
3,340 
874 
4,214 
Net book value
At 29 February 2024
481 
769 
1,250 
At 28 February 2023
643 
1,097 
1,740 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,551 
8,554 
Other debtors
- 
12,299 
36,551 
20,853 
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MBC Electrical Testing Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,901 
10,694 
Trade creditors
50 
- 
Taxes and social security
12,485 
24,250 
Other creditors
11,946 
- 
Loans from directors
12,192 
- 
Accruals
850 
480 
Deferred income
3,500 
- 
47,924 
35,424 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
1,539 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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