MB Grab A Load LTD - Filleted accounts

Registered number

11904140

MB Grab A Load LTD

Filleted Accounts

31 March 2025

MB Grab A Load LTD
Profit and Loss Account
for the year ended 31 March 2025


	2025		2024
£		£

Turnover	143,061		96,830

Cost of sales	(41,871)		(20,303)

Gross profit	101,190		76,527

Administrative Expenses	(70,384)		(49,100)

Operating profit	30,806		27,427


Profit before taxation	30,806		27,427

Tax on profit	(5,853)		(5,677)

Profit for the financial year	24,953		21,750

MB Grab A Load LTD
Registered number:		11904140
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Cash at bank and in hand		75,257			63,868

Creditors: amounts falling due within one year	4	(13,031)			(16,595)

Net current assets			62,226			47,273

Net assets			62,226			47,273

Capital and reserves
Profit and loss account			62,226			47,273

Shareholder's funds			62,226			47,273

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Michael Bennett
Director
Approved by the board on 28 July 2025

MB Grab A Load LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Motor vehicles
£
	Cost
	At 1 April 2024				12,260
	At 31 March 2025				12,260

	Depreciation
	At 1 April 2024				12,260
	At 31 March 2025				12,260

	Net book value
	At 31 March 2025				-


4	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		-		2,041
	Taxation and social security costs		9,858		8,536
	Other creditors		3,173		6,018
			13,031		16,595


5	Other information

	MB Grab A Load LTD is a private company limited by shares and incorporated in England. Its registered office is:
	14 Avenue Vivian
	Houghton Le Spring
	DH4 6HX