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Company Registration No. 13242870 (England and Wales)
Mbs Property Solutions Ltd Unaudited accounts for the year ended 31 March 2025
Mbs Property Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Mbs Property Solutions Ltd Company Information for the year ended 31 March 2025
Director
Matthew Sale
Company Number
13242870 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Mbs Property Solutions Ltd Statement of financial position as at 31 March 2025
2025
Notes
£
Fixed assets
Investment property
4
75,000
Current assets
Debtors
5
100
Cash at bank and in hand
841
941
Creditors: amounts falling due within one year
6
(11,221)
Net current liabilities
(10,280)
Total assets less current liabilities
64,720
Creditors: amounts falling due after more than one year
7
(56,545)
Net assets
8,175
Capital and reserves
Called up share capital
100
Profit and loss account
8,075
Shareholders' funds
8,175
For the year ending 31 March 2025 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 27 May 2025 and were signed on its behalf by
Matthew Sale Director Company Registration No. 13242870
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Mbs Property Solutions Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Mbs Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 13242870. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2025
£
Fair value at 1 April 2024
75,000
At 31 March 2025
75,000
5
Debtors
2025
£
Amounts falling due within one year
Other debtors
100
6
Creditors: amounts falling due within one year
2025
£
Loans from directors
11,027
Accruals
194
11,221
7
Creditors: amounts falling due after more than one year
2025
£
Bank loans
56,545
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Mbs Property Solutions Ltd Notes to the Accounts for the year ended 31 March 2025
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Matthew Sale
Directors loan accounts
(30,282)
(1,001)
(20,256)
(11,027)
(30,282)
(1,001)
(20,256)
(11,027)
9
Average number of employees
During the year the average number of employees was 1.
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