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Company Registration No. 12295536 (England and Wales)
MB Property Creations Limited Unaudited accounts for the year ended 31 March 2025
MB Property Creations Limited Unaudited accounts Contents
Page
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MB Property Creations Limited Company Information for the year ended 31 March 2025
Director
Mathew Beer
Company Number
12295536 (England and Wales)
Registered Office
46 Old Hadlow Road Tonbridge Kent TN10 4EY England
Accountants
ASTON STEELE Aston House Cotchford Hill, Hartfield Sussex TN7 4HA
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MB Property Creations Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,742 
28,543 
Current assets
Debtors
44,647 
65,244 
Cash at bank and in hand
83,267 
123,963 
127,914 
189,207 
Creditors: amounts falling due within one year
(34,064)
(56,160)
Net current assets
93,850 
133,047 
Total assets less current liabilities
116,592 
161,590 
Provisions for liabilities
Deferred tax
(5,700)
(7,100)
Net assets
110,892 
154,490 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
109,892 
153,490 
Shareholders' funds
110,892 
154,490 
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 29 July 2025 and were signed on its behalf by
Mathew Beer Director Company Registration No. 12295536
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MB Property Creations Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MB Property Creations Limited is a private company, limited by shares, registered in England and Wales, registration number 12295536. The registered office is 46 Old Hadlow Road, Tonbridge, Kent, TN10 4EY, England.
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 remained unchanged from the previous year, and also 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.
Turnover
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Written Down Value
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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MB Property Creations Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
58,716 
37,341 
96,057 
Additions
- 
11,627 
11,627 
At 31 March 2025
58,716 
48,968 
107,684 
Depreciation
At 1 April 2024
46,972 
20,542 
67,514 
Charge for the year
11,743 
5,685 
17,428 
At 31 March 2025
58,715 
26,227 
84,942 
Net book value
At 31 March 2025
1 
22,741 
22,742 
At 31 March 2024
11,744 
16,799 
28,543 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,590 
Other debtors
- 
63,654 
- 
65,244 
Amounts falling due after more than one year
Trade debtors
44,647 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
10,226 
- 
Trade creditors
10,019 
20,771 
Taxes and social security
1,218 
30,150 
Other creditors
- 
600 
Loans from directors
5,071 
- 
Accruals
2,530 
4,639 
Deferred income
5,000 
- 
34,064 
56,160 
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MB Property Creations Limited Notes to the Accounts for the year ended 31 March 2025
7
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
5,700 
7,100 
2025 
2024 
£ 
£ 
Provision at start of year
7,100 
7,900 
Credited to the profit and loss account
(1,400)
(800)
Provision at end of year
5,700 
7,100 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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