2023-11-01 06392175 2024-10-31 06392175 2023-11-01 2024-10-31 06392175 2023-10-31 06392175 2022-11-01 2023-10-31 06392175 uk-core:WithinOneYear 2023-10-31 06392175 uk-core:WithinOneYear 2024-10-31 06392175 uk-core:ShareCapital 2024-10-31 06392175 uk-core:ShareCapital 2023-10-31 06392175 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 06392175 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 06392175 uk-bus:Director1 2023-11-01 2024-10-31 06392175 uk-core:OfficeEquipment 2023-11-01 2024-10-31 06392175 uk-core:Goodwill 2023-10-31 06392175 uk-core:Goodwill 2024-10-31 06392175 uk-core:Goodwill 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure 06392175 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 06392175 uk-bus:FRS102 2023-11-01 2024-10-31 06392175 uk-bus:FullAccounts 2023-11-01 2024-10-31 06392175 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
MBR Europe Ltd
Registered Number:06392175
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
06392175
As at 31 October 2024
MBR Europe Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
11,881
13,201
2
Property, plant and equipment
304
380
3
12,185
13,581
Current assets
Inventories
28,073
28,073
4
320
Cash and cash equivalents
353
28,426
28,393
Trade and other payables: amounts falling due within one
year
(98,817)
(101,519)
6
(70,424)
(73,093)
Net current liabilities
Total assets less current liabilities
(60,908)
(56,843)
(60,908)
Net liabilities
(56,843)
Capital and reserves
Called up share capital
9,000
9,000
Retained earnings
(69,908)
(65,843)
(60,908)
(56,843)
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Tahir Ishaque Director
These financial statements were approved and authorised for issue by the Board on 25 June 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 31 October 2024
MBR Europe Ltd
Notes to the Financial Statements
Statutory Information
MBR Europe Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
06392175.
Registered address:
860-862 Garratt Lane
London
SW17 0NB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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For the year ended 31 October 2024
MBR Europe Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Intellectual
Property
Goodwill
Cost or valuation
£
At 01 November 2023
46,014
At 31 October 2024
46,014
Amortisation
At 01 November 2023
32,813
1,320
Charge for year
At 31 October 2024
34,133
Net book value
At 31 October 2024
11,881
At 31 October 2023
13,201
3. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 November 2023
3,852
At 31 October 2024
3,852
Provision for depreciation and impairment
At 01 November 2023
3,472
Charge for year
76
At 31 October 2024
3,548
At 31 October 2024
Net book value
304
At 31 October 2023
380
4. Inventories
2023
2024
£
£
Stocks
28,073
28,073
5. Trade and other receivables
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For the year ended 31 October 2024
MBR Europe Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
256
204
Other creditors
101,263
98,613
101,519
98,817
7. Related party transactions
The company owed £101,263 (2021 : £ 98,613) to the director at the balance sheet date. Interest is not
charged on these amounts.
8. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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