29 February 2024 false No description of principal activity Taxfiler 2024.6 11805145 business:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 11805145 2024-02-28 11805145 2024-02-29 2025-02-28 11805145 business:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 11805145 business:FilletedAccounts 2024-02-29 2025-02-28 11805145 2025-02-28 11805145 business:Director1 2024-02-29 2025-02-28 11805145 business:Director2 2024-02-29 2025-02-28 11805145 business:RegisteredOffice 2024-02-29 2025-02-28 11805145 2024-02-28 11805145 core:WithinOneYear 2025-02-28 11805145 core:WithinOneYear 2024-02-28 11805145 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 11805145 core:ShareCapital core:PreviouslyStatedAmount 2024-02-28 11805145 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 11805145 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-28 11805145 core:PreviouslyStatedAmount 2025-02-28 11805145 core:PreviouslyStatedAmount 2024-02-28 11805145 business:SmallEntities 2024-02-29 2025-02-28 11805145 countries:EnglandWales 2024-02-29 2025-02-28 11805145 core:FurnitureFittings 2024-02-29 2025-02-28 11805145 core:ComputerEquipment 2024-02-29 2025-02-28 11805145 core:FurnitureFittings 2024-02-28 11805145 core:ComputerEquipment 2024-02-28 11805145 core:FurnitureFittings 2025-02-28 11805145 core:ComputerEquipment 2025-02-28 11805145 core:AfterOneYear 2025-02-28 11805145 core:AfterOneYear 2024-02-28 11805145 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11805145 (England and Wales)
M Business Consulting Ltd Unaudited accounts for the period from 29 February 2024 to 28 February 2025
M Business Consulting Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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M Business Consulting Ltd Company Information for the period from 29 February 2024 to 28 February 2025
Directors
Michael Wright Nicola Wright
Company Number
11805145 (England and Wales)
Registered Office
THE ELMS GRETTON ROAD CORBY NN17 3AD ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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M Business Consulting Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,112
724
Current assets
Debtors
5
2,520
1,176
Cash at bank and in hand
63,719
40,745
66,239
41,921
Creditors: amounts falling due within one year
6
(15,004)
(10,304)
Net current assets
51,235
31,617
Net assets
52,347
32,341
Capital and reserves
Called up share capital
1
1
Profit and loss account
52,346
32,340
Shareholders' funds
52,347
32,341
For the period ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by
Michael Wright Director Company Registration No. 11805145
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M Business Consulting Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
M Business Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11805145. The registered office is THE ELMS, GRETTON ROAD, CORBY, NN17 3AD, 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 period, 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 29 February 2024
1,171
-
1,171
Additions
-
666
666
At 28 February 2025
1,171
666
1,837
Depreciation
At 29 February 2024
447
-
447
Charge for the period
145
133
278
At 28 February 2025
592
133
725
Net book value
At 28 February 2025
579
533
1,112
At 28 February 2024
724
-
724
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M Business Consulting Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
2,520
899
Amounts falling due after more than one year
Other debtors
-
277
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
13,086
7,911
Loans from directors
1,379
1,878
Accruals
539
515
15,004
10,304
7
Average number of employees
During the period the average number of employees was 2 (2024: 2).
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