1 April 2025 false No description of principal activity Taxfiler 2024.6 13988296 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13988296 2025-03-31 13988296 2025-04-01 2026-03-31 13988296 business:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13988296 business:FilletedAccounts 2025-04-01 2026-03-31 13988296 2026-03-31 13988296 business:Director1 2025-04-01 2026-03-31 13988296 2025-03-31 13988296 core:WithinOneYear 2026-03-31 13988296 core:WithinOneYear 2025-03-31 13988296 core:AfterOneYear 2026-03-31 13988296 core:AfterOneYear 2025-03-31 13988296 core:ShareCapital core:PreviouslyStatedAmount 2026-03-31 13988296 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 13988296 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 13988296 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 13988296 core:PreviouslyStatedAmount 2026-03-31 13988296 core:PreviouslyStatedAmount 2025-03-31 13988296 business:SmallEntities 2025-04-01 2026-03-31 13988296 countries:EnglandWales 2025-04-01 2026-03-31 13988296 core:PlantMachinery 2025-04-01 2026-03-31 13988296 core:PlantMachinery 2025-03-31 13988296 core:PlantMachinery 2026-03-31 13988296 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13988296 (England and Wales)
Mbg Asset Holdings Limited Unaudited accounts for the year ended 31 March 2026
Mbg Asset Holdings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Mbg Asset Holdings Limited Company Information for the year ended 31 March 2026
Director
R L Stoves
Company Number
13988296 (England and Wales)
- 3 -
Mbg Asset Holdings Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
447,482
511,408
Current assets
Debtors
5
89,243
89,243
Creditors: amounts falling due within one year
6
(4,835)
(4,475)
Net current assets
84,408
84,768
Total assets less current liabilities
531,890
596,176
Creditors: amounts falling due after more than one year
7
(662,950)
(662,950)
Net liabilities
(131,060)
(66,774)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(131,061)
(66,775)
Shareholders' funds
(131,060)
(66,774)
For the year ending 31 March 2026 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 director acknowledges his 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 and authorised for issue on 2 April 2026 and were signed on its behalf by
R L Stoves Director Company Registration No. 13988296
- 4 -
Mbg Asset Holdings Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Mbg Asset Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13988296.
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 year, 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.
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:
Plant & machinery
10% - Straight Line
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2025
639,260
At 31 March 2026
639,260
Depreciation
At 1 April 2025
127,852
Charge for the year
63,926
At 31 March 2026
191,778
Net book value
At 31 March 2026
447,482
At 31 March 2025
511,408
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
89,243
89,243
- 5 -
Mbg Asset Holdings Limited Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
4,115
4,115
Accruals
720
360
4,835
4,475
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
662,950
662,950
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 6 -