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REGISTERED NUMBER: 04066973















Financial Statements for the Year Ended 31 August 2024

for

MBM (Europe) Limited

MBM (Europe) Limited (Registered number: 04066973)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MBM (Europe) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: C J Maynard





SECRETARY: Accounting by Design (UK) Limited





REGISTERED OFFICE: Braydonside Studios
Brinkworth
Wiltshire
SN15 5AR





REGISTERED NUMBER: 04066973





ACCOUNTANTS: Accounting by Design (UK) Limited
302 Cirencester Bsness Park
Love Lane
Cirencester
Gloucestershire
GL7 1XD

MBM (Europe) Limited (Registered number: 04066973)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,797 44,386

CURRENT ASSETS
Stocks 23,153 39,325
Debtors 5 68,102 47,105
Cash at bank - 14,036
91,255 100,466
CREDITORS
Amounts falling due within one year 6 98,587 97,893
NET CURRENT (LIABILITIES)/ASSETS (7,332 ) 2,573
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,465

46,959

CREDITORS
Amounts falling due after more than one year 7 (18,234 ) (33,187 )

PROVISIONS FOR LIABILITIES (7,290 ) (8,333 )
NET ASSETS 5,941 5,439

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 5,940 5,438
SHAREHOLDERS' FUNDS 5,941 5,439

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

MBM (Europe) Limited (Registered number: 04066973)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

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





C J Maynard - Director


MBM (Europe) Limited (Registered number: 04066973)

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

1. STATUTORY INFORMATION

MBM (Europe) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MBM (Europe) Limited (Registered number: 04066973)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 221,184
Additions 2,020
At 31 August 2024 223,204
DEPRECIATION
At 1 September 2023 176,798
Charge for year 7,609
At 31 August 2024 184,407
NET BOOK VALUE
At 31 August 2024 38,797
At 31 August 2023 44,386

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 54,467 33,444
Directors' current accounts 13,635 13,661
68,102 47,105

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 50,659 22,250
Trade creditors 15,718 30,245
Tax 13,055 26,367
Social security and other taxes 3,170 3,248
Pensions 577 -
VAT 13,622 13,997
Accrued expenses 1,786 1,786
98,587 97,893

MBM (Europe) Limited (Registered number: 04066973)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years 9,234 18,187
Bank loans - 2-5 years 9,000 15,000
18,234 33,187

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the director who owns 100% of the share capital