Company Registration No. 09683235 (England and Wales)
M B (S) Builders Ltd
Unaudited accounts
for the year ended 31 July 2024
M B (S) Builders Ltd
Unaudited accounts
Contents
M B (S) Builders Ltd
Company Information
for the year ended 31 July 2024
Company Number
09683235 (England and Wales)
Registered Office
133 New Road
3rd Floor
London City
London
E1 1HJ
United Kingdom
Accountants
Khan Islam & Co
117 Whitechapel Road
3rd Floor
London
London
E1 1DT
Accountants' report on the preparation of the unaudited statutory statements of M B (S) Builders Ltd (The Company) for the year ended 31 July 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 July 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 31 July 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Khan Islam & Co
Financial Accountants
117 Whitechapel Road
3rd Floor
London
London
E1 1DT
23 April 2025
M B (S) Builders Ltd
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
4,960
12,422
Creditors: amounts falling due within one year
6,509
(1,723)
Net current assets
11,469
10,699
Total assets less current liabilities
11,469
10,699
Creditors: amounts falling due after more than one year
(15,333)
(18,476)
Net liabilities
(3,864)
(7,777)
Called up share capital
100
100
Profit and loss account
(3,964)
(7,877)
Shareholders' funds
(3,864)
(7,777)
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 23 April 2025 and were signed on its behalf by
Ziaur Rahman
Director
Company Registration No. 09683235
M B (S) Builders Ltd
Notes to the Accounts
for the year ended 31 July 2024
M B (S) Builders Ltd is a private company, limited by shares, registered in England and Wales, registration number 09683235. The registered office is 133 New Road, 3rd Floor, London City, London, E1 1HJ, United Kingdom.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,331
1,723
5
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
757
-
6
Average number of employees
During the year the average number of employees was 4 (2023: 4).