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Registered number: 08175030

MLB Autospares Limited

ACCOUNTS
FOR THE YEAR ENDED 31/08/2024

Prepared By:
Ian D Staples Associates
7
Westfield Road, Bramley
Rotherham
South Yorkshire
S66 2RX

MLB Autospares Limited

ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
DIRECTORS
A Zavisha
ID Staples
REGISTERED OFFICE
Kilnhurst Road
Kilnhurst
Rotherham
South Yorkshire
S64 5TL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08175030
ACCOUNTANTS
Ian D Staples Associates
7
Westfield Road, Bramley
Rotherham
South Yorkshire
S66 2RX

MLB Autospares Limited

ACCOUNTS
FOR THEYEARENDED31/08/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

MLB Autospares Limited

BALANCE SHEET AT 31/08/2024
20242023
Notes££
FIXED ASSETS
Tangible assets32,371,7163,196,910
CURRENT ASSETS
Stock3,500,8802,572,220
Debtors52,154,422799,623
Cash at bank and in hand14,459109,569
5,669,7613,481,412
CREDITORS: Amounts falling due within one year6641,422619,844
NET CURRENT ASSETS5,028,3392,861,568
TOTAL ASSETS LESS CURRENT LIABILITIES7,400,0556,058,478
CREDITORS: Amounts falling due after more than one year72,328,1071,046,675
NET ASSETS5,071,9485,011,803
CAPITAL AND RESERVES
Called up share capital81,0001,000
Profit and loss account5,070,9485,010,803
SHAREHOLDERS' FUNDS5,071,9485,011,803
For the year ending 31/08/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12/02/2025 and signed on their behalf by
.............................
A Zavisha
Director

MLB Autospares Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsreducing balance 4%
Plant and Machineryreducing balance 20%
Equipmentreducing balance 20%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees2119

MLB Autospares Limited

3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryEquipmentMotor CarsTotal
£££££
Cost
At 01/09/20231,020,9564,046,3747,731738,4105,813,471
Additions-82,99011,044-94,034
Revaluation-(385,295)--(385,295)
At 31/08/20241,020,9563,744,06918,775738,4105,522,210
Depreciation
At 01/09/2023143,5442,053,5693,641415,8072,616,561
For the year35,096415,1593,02780,651533,933
At 31/08/2024178,6402,468,7286,668496,4583,150,494
Net Book Amounts
At 31/08/2024842,3161,275,34112,107241,9522,371,716
At 31/08/2023877,4121,992,8054,090322,6033,196,910
4. STOCK 20242023
££
Stock comprises:
Stock3,500,8802,572,220
3,500,8802,572,220
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors670,922706,569
Other debtors1,483,50093,054
2,154,422799,623
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax278,497336,946
Bank Loan201,433-
Trade creditors56,88133,376
Other creditors94,743241,196
Accruals9,8688,326
641,422619,844

MLB Autospares Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr50,00050,000
Finance Leases >1yr244,830732,894
Other creditors > 1yr2,033,277263,781
2,328,1071,046,675
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
1,0001,000