REGISTERED NUMBER: 08323614 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MBAG LIMITED

Page

Balance Sheet

1

FIXED ASSETS

183,239

181,678

CURRENT ASSETS

97,685

69,322

CREDITORS

Amounts falling due within one year

(64,758

)

(25,504

)

NET CURRENT ASSETS

32,927

43,818

TOTAL ASSETS LESS CURRENT LIABILITIES

216,166

225,496

CREDITORS

Amounts falling due after more than one year

(88,884

)

(134,121

)

NET ASSETS

127,282

91,375

CAPITAL AND RESERVES

127,282

91,375

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

MBAG Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08323614

Registered office:

Motor Museum Studios

1 Hesketh Street

Liverpool

L17 8XJ

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 1 ) .

3.	SECURED CREDITORS

At the reporting date, secured creditors amounted to £91,504 (2023: £104,941). Of this amount £13,437 was repayable within one year, £20,147 within two to five years and £57,921 in more than five years. All by instalments.

Security is given by way of fixed and floating charges over the company's freehold premises and plant and machinery of the company.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

A Groves - Director