MB Electrical (Bedford) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09537119

MB Electrical (Bedford) Limited

Filleted Unaudited Financial Statements

28 June 2025

MB Electrical (Bedford) Limited

Statement of Financial Position

28 June 2025

	2025	2024
Note	£	£

Current assets

Debtors	6	16,834	20,308
Cash at bank and in hand		2,499	4,690
		--------	--------
		19,333	24,998

Creditors: amounts falling due within one year	7	16,029	17,977
		--------	--------
Net current assets		3,304	7,021
		-------	-------
Total assets less current liabilities		3,304	7,021

Creditors: amounts falling due after more than one year	8	1,750	5,950
		-------	-------
Net assets		1,554	1,071
		-------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,454	971
	-------	-------
Shareholders funds	1,554	1,071
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MB Electrical (Bedford) Limited

Statement of Financial Position (continued)

28 June 2025

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

Mr M Bowyer

Director

Company registration number: 09537119

MB Electrical (Bedford) Limited

Notes to the Financial Statements

Year ended 28 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK40 2NR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	33% straight line
Motor vehicles	-	25% straight line

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 1 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 29 June 2024 and 28 June 2025	1,082	18,580	19,662
	-------	--------	--------
Depreciation
At 29 June 2024 and 28 June 2025	1,082	18,580	19,662
	-------	--------	--------
Carrying amount
At 28 June 2025	–	–	–
	-------	--------	--------
At 28 June 2024	–	–	–
	-------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	5,784	9,654
Other debtors	11,050	10,654
	--------	--------
	16,834	20,308
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	4,200	4,200
Corporation tax	5,742	7,110
Social security and other taxes	3,363	3,809
Other creditors	2,724	2,858
	--------	--------
	16,029	17,977
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,750	5,950
	-------	-------

9. Directors' advances, credits and guarantees

During the year Mr M Bowyer withdrew funds totalling £10,402 and these were repaid to the company before 28 March 2026.