Company Registration No. 14010599 (England and Wales)
MBB Property Ltd
Unaudited accounts
for the year ended 31 March 2024
MBB Property Ltd
Unaudited accounts
Contents
MBB Property Ltd
Company Information
for the year ended 31 March 2024
Company Number
14010599 (England and Wales)
Registered Office
2 Quebec Road
Ilford
IG1 4TX
England
Accountants
Anthony Daniel Associates Ltd
10 Julian Place
London
E14 3AT
MBB Property Ltd
Statement of financial position
as at 31 March 2024
Called up share capital not paid
100
100
Cash at bank and in hand
12,605
2,595
Creditors: amounts falling due within one year
(34,661)
(19,149)
Net current liabilities
(11,896)
(2,776)
Net liabilities
(11,796)
(2,676)
Called up share capital
100
100
Profit and loss account
(11,896)
(2,776)
Shareholders' funds
(11,796)
(2,676)
For the year ending 31 March 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 21 March 2025 and were signed on its behalf by
Miao Liu
Director
Company Registration No. 14010599
MBB Property Ltd
Notes to the Accounts
for the year ended 31 March 2024
MBB Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14010599. The registered office is 2 Quebec Road, Ilford, IG1 4TX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
Amounts falling due within one year
Accrued income and prepayments
-
10,000
MBB Property Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,194
14,905
Other creditors
3,764
3,764
Loans from directors
24,533
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).