SC182906 false Polo Management and Equestrian Services 2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/2023-08-28 http://www.companieshouse.gov.uk/pt:PlantMachinery 2023-08-28 http://www.companieshouse.gov.uk/pt:ShareCapital 2023-08-28 http://www.companieshouse.gov.uk/cd:Director1 2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/pt:PlantMachinery 2024-08-28 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-08-28 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-08-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2023-08-28 http://www.companieshouse.gov.uk/2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/2023-08-28 http://www.companieshouse.gov.uk/cd:FRS102 2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/2024-08-28 http://www.companieshouse.gov.uk/cd:FullAccounts 2023-08-29 2024-08-28 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2023-08-29 2024-08-28 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC182906
MBEQ CONSULTING LIMITED
ACCOUNTS
FOR THE YEAR ENDED 28/08/2024
Prepared By:
Delrose Consulting Ltd
Chartered Management Accountants
Wittas House
Two Rivers
Station Lane
Witney
OX28 4BH

MBEQ CONSULTING LIMITED

ACCOUNTS
FOR THE YEAR ENDED 28/08/2024
DIRECTORS
M P BORWICK
REGISTERED OFFICE
CARRIAGE HOUSE
BLAIR ESTATE
DALRY
AYRSHIRE
KA24 4ER
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number SC182906
ACCOUNTANTS
Delrose Consulting Ltd
Chartered Management Accountants
Wittas House
Two Rivers
Station Lane
Witney
OX28 4BH

MBEQ CONSULTING LIMITED

BALANCE SHEET AT 28/08/2024
|  |  |  |  |  | 2024 |  |  |  | 2023
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 44 |  |  |  | 58
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 150,216 |  |  |  | 155,529 |  |
Debtors |  | 5 |  | 87,240 |  |  |  | 60,109 |  |
Cash at bank and in hand |  |  |  | 848 |  |  |  | 252 |  |
|  |  |  | 238,304 |  |  |  | 215,890 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 66,108 |  |  |  | 28,724 |  |
NET CURRENT ASSETS |  |  |  |  |  | 172,196 |  |  |  | 187,166
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 172,240 |  |  |  | 187,224
CREDITORS: Amounts falling due after more than one year |  | 7 |  |  |  | 17,314 |  |  |  | 28,274
PROVISIONS FOR LIABILITIES AND CHARGES |  | 8 |  |  |  | 15 |  |  |  | 15
NET ASSETS |  |  |  |  |  | 154,911 |  |  |  | 158,935
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 9 |  |  |  | 2 |  |  |  | 2
Profit and loss account |  |  |  |  |  | 154,909 |  |  |  | 158,933
SHAREHOLDERS' FUNDS |  |  |  |  |  | 154,911 |  |  |  | 158,935
For the year ending 28/08/2024 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 21/05/2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
M P BORWICK |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

MBEQ CONSULTING LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/08/2024

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 section 1A - 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.
Plant and Machinery |  | reducing 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.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 2 |  | 2

MBEQ CONSULTING LIMITED

3. TANGIBLE FIXED ASSETS |  |  |  |
|  | Plant and |  |
|  | Machinery |  | Total
|  | £ |  | £
Cost |  |  |  |
At 29/08/2023 |  | 2,510 |  | 2,510
At 28/08/2024 |  | 2,510 |  | 2,510
Depreciation |  |  |  |
At 29/08/2023 |  | 2,452 |  | 2,452
For the year |  | 14 |  | 14
At 28/08/2024 |  | 2,466 |  | 2,466
Net Book Amounts |  |  |  |
At 28/08/2024 |  | 44 |  | 44
At 28/08/2023 |  | 58 |  | 58

4. STOCK |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 150,216 |  | 155,529
|  |  |  | 150,216 |  | 155,529

5. DEBTORS |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Other debtors |  |  |  | 15,903 |  | 15,763
Directors current account |  |  |  | 71,337 |  | 44,346
|  |  |  | 87,240 |  | 60,109

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
PAYE control |  |  |  | 4,377 |  | -
Other creditors |  |  |  | 60,381 |  | 27,374
Accruals |  |  |  | 1,350 |  | 1,350
|  |  |  | 66,108 |  | 28,724

MBEQ CONSULTING LIMITED

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Covid Loan |  |  |  | 17,314 |  | 28,274
|  |  |  | 17,314 |  | 28,274

8. PROVISIONS FOR LIABILITIES |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 15 |  | 15
|  |  |  | 15 |  | 15

9. SHARE CAPITAL |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
2 Ordinary shares of £1 each |  |  |  | 2 |  | 2
|  |  |  | 2 |  | 2