MNB ESTATES LTD

Company Registration Number:
15475384 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 09 February 2024

End date: 31 March 2025

MNB ESTATES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

MNB ESTATES LTD

Balance sheet

As at 31 March 2025


Notes

14 months to 31 March 2025


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 9,000
Tangible assets: 4 8,628
Investments: 5 353,850
Total fixed assets: 371,478
Current assets
Stocks: 0
Debtors:   1,388
Cash at bank and in hand: 1,773
Total current assets: 3,161
Net current assets (liabilities): 3,161
Total assets less current liabilities: 374,639
Creditors: amounts falling due after more than one year:   (379,830)
Total net assets (liabilities): (5,191)
Capital and reserves
Called up share capital: 100
Profit and loss account: (5,291)
Shareholders funds: (5,191)

The notes form part of these financial statements

MNB ESTATES LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 November 2025
and signed on behalf of the board by:

Name: Nicholas A Bailey
Status: Director

The notes form part of these financial statements

MNB ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MNB ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

14 months to 31 March 2025
Average number of employees during the period 2

MNB ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
Additions 10,000
At 31 March 2025 10,000
Amortisation
Charge for year 1,000
At 31 March 2025 1,000
Net book value
At 31 March 2025 9,000

MNB ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
Additions 10,150
At 31 March 2025 10,150
Depreciation
Charge for year 1,522
At 31 March 2025 1,522
Net book value
At 31 March 2025 8,628

MNB ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Fixed investments

Tangible assets Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Fixtures, fittings and equipment Impairment Depreciation method and rate 15% straight line A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date

MNB ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Related party transactions

Name of the related party: Nicholas A Bailey
Relationship:
Director
Description of the Transaction: Loan to purchase investment property
£
Balance at 31 March 2025 189,369
Name of the related party: Melanie A Nunn
Relationship:
Director
Description of the Transaction: Funds to purchase investment property
£
Balance at 31 March 2025 189,370