Company Registration No. 13988296 (England and Wales)
Mbg Asset Holdings Limited
Unaudited accounts
for the year ended 31 March 2025
Mbg Asset Holdings Limited
Unaudited accounts
Contents
Mbg Asset Holdings Limited
Company Information
for the year ended 31 March 2025
Company Number
13988296 (England and Wales)
Mbg Asset Holdings Limited
Statement of financial position
as at 31 March 2025
Tangible assets
511,408
575,334
Cash at bank and in hand
-
355
Creditors: amounts falling due within one year
(4,215)
(4,115)
Net current assets
85,028
85,483
Total assets less current liabilities
596,436
660,817
Creditors: amounts falling due after more than one year
(662,950)
(663,305)
Net liabilities
(66,514)
(2,488)
Called up share capital
1
1
Profit and loss account
(66,515)
(2,489)
Shareholders' funds
(66,514)
(2,488)
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 4 September 2025 and were signed on its behalf by
R L Stoves
Director
Company Registration No. 13988296
Mbg Asset Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
Mbg Asset Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13988296.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
10% - Straight Line
4
Tangible fixed assets
Plant & machinery
Charge for the year
63,926
Amounts falling due within one year
Trade debtors
89,243
89,243
Mbg Asset Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,115
4,115
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
662,950
663,305
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).