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REGISTERED NUMBER: 04555655 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2024

for

M B Ceilings & Partitions Limited

M B Ceilings & Partitions Limited (Registered number: 04555655)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M B Ceilings & Partitions Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M P Brady





SECRETARY: A J Brady





REGISTERED OFFICE: 10 Main Street
Branston
Burton on Trent
Staffordshire
DE14 3EX





REGISTERED NUMBER: 04555655 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

M B Ceilings & Partitions Limited (Registered number: 04555655)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 373 439

CURRENT ASSETS
Debtors 5 13,894 20,363
Cash at bank 5,690 5,683
19,584 26,046
CREDITORS
Amounts falling due within one year 6 14,267 15,964
NET CURRENT ASSETS 5,317 10,082
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,690

10,521

CREDITORS
Amounts falling due after more than one
year

7

5,689

10,520
NET ASSETS 1 1

CAPITAL AND RESERVES
Called up share capital 1 1
SHAREHOLDERS' FUNDS 1 1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

M B Ceilings & Partitions Limited (Registered number: 04555655)

Balance Sheet - continued
31 March 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





M P Brady - Director


M B Ceilings & Partitions Limited (Registered number: 04555655)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

M B Ceilings & Partitions Limited 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.

Turnover
Turnover represents invoiced sales of services, net of value added tax. Turnover is accounted for in the period in which the services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

Government grants
Revenue grants are recognised in the profit and loss account so as to match them with the expenditure towards which they are intended to contribute.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023
and 31 March 2024 2,645
DEPRECIATION
At 1 April 2023 2,206
Charge for year 66
At 31 March 2024 2,272
NET BOOK VALUE
At 31 March 2024 373
At 31 March 2023 439

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 8,545 9,982
Director's current account 5,349 10,381
13,894 20,363

M B Ceilings & Partitions Limited (Registered number: 04555655)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,745 4,626
Trade creditors - 3,161
Tax 7,224 5,993
Accrued expenses 2,298 2,184
14,267 15,964

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loan > 1 year 5,689 10,520