Registered Number:06096705 |
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2025
MB70 Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
MB70 Limited
Statement of Financial Position
2024
2025
Property, plant and equipment |
108,259
103,058
2
108,259
103,058
Trade and other receivables |
-
4,948
3
196,315
Cash and cash equivalents |
140,719
145,667
196,315
Trade and other payables: amounts falling due within one |
year |
(122,703)
(92,923)
4
73,612
52,744
Net current assets
Total assets less current liabilities |
161,003
176,670
Trade and other payables: amounts falling due after more |
than one year |
(15,472)
(13,395)
5
147,608
Net assets
161,198
200
200
147,408
160,998
147,608
161,198
Shareholders' funds
For the year ended 28 February 2025 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Matthew Bradshaw Director |
These financial statements were approved and authorised for issue by the Board on 15 March 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2025
MB70 Limited
Notes to the Financial Statements
Statutory Information
MB70 Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
06096705. |
Principal place of business: |
Unit 5 Twin Oaks
Springbank Lane, Adlington
Stockport
SK10 4LD
Holly Suite, Westgate House
Westgate Avenue
Bolton
Lancs
BL1 4RF
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 4
For the year ended 28 February 2025
MB70 Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
143,014
24,500
118,514
29,995
29,995
-
118,514
54,495
173,009
Provision for depreciation and impairment |
39,956
6,125
33,831
Charge for year
24,794
12,092
12,702
64,750
18,217
46,533
71,981
36,278
108,259
84,683
18,375
103,058
3. Trade and other receivables |
2024
2025
4,948
-
4. Trade and other payables: amounts falling due within one year |
2024
2025
18,750
-
11,688
48,632
Taxation and social security |
19,362
25,725
43,123
48,346
92,923
122,703
5. Trade and other payables: amounts falling due after more than one year |
2024
2025
13,395
15,472
6. Average number of persons employed |
During the year the average number of employees was 0
3 of 4
For the year ended 28 February 2025
MB70 Limited
Notes to the Financial Statements Continued
4 of 4