MB SERVICES (NE) LIMITED

Company Registration Number:
02371923 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

MB SERVICES (NE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

MB SERVICES (NE) LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 51,658 50,444
Total fixed assets: 51,658 50,444
Current assets
Stocks: 80,978 74,996
Debtors:   265,717 211,612
Cash at bank and in hand: 31,294 84,200
Total current assets: 377,989 370,808
Creditors: amounts falling due within one year:   (127,067) (102,661)
Net current assets (liabilities): 250,922 268,147
Total assets less current liabilities: 302,580 318,591
Creditors: amounts falling due after more than one year: 4 (20,834) (30,833)
Provision for liabilities: (5,095) (5,095)
Total net assets (liabilities): 276,651 282,663
Capital and reserves
Called up share capital: 14,898 14,898
Share premium account: 13,129 13,129
Profit and loss account: 248,624 254,636
Shareholders funds: 276,651 282,663

The notes form part of these financial statements

MB SERVICES (NE) LIMITED

Balance sheet statements

For the year ending 31 May 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 February 2025
and signed on behalf of the board by:

Name: K Brunton
Status: Director

The notes form part of these financial statements

MB SERVICES (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

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

MB SERVICES (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

MB SERVICES (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 235,068
Additions 10,650
At 31 May 2024 245,718
Depreciation
At 01 June 2023 184,624
Charge for year 9,436
At 31 May 2024 194,060
Net book value
At 31 May 2024 51,658
At 31 May 2023 50,444

MB SERVICES (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due after more than one year note

Total amount of moneys due after 1 year equates to: Bank Borrowing (bounce back loan)