MNRBV Limited - Filleted accounts

Registered number

10421268

MNRBV Limited

Filleted Accounts

31 October 2025

MNRBV Limited
Registered number:		10421268
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Investment property	3		1,100,314			1,100,314

Current assets
Debtors	4	-			44
Cash at bank and in hand		4,332			14,082
		4,332			14,126

Creditors: amounts falling due within one year	5	(505,353)			(244,000)

Net current liabilities			(501,021)			(229,874)

Total assets less current liabilities			599,293			870,440

Creditors: amounts falling due after more than one year	6		(355,118)			(672,978)



Net assets			244,175			197,462

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			243,175			196,462

Shareholders' funds			244,175			197,462

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Mohammad Naheed Randhawa
Director
Approved by the board on 8 June 2026

MNRBV Limited
Notes to the Accounts
for the year ended 31 October 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 rental income made from leasing a freehold property to DPKBV Limited as a fast-food outlet.

	Investment properties
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	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.

	Functional and presentation currency
	The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.

	Employee benefits
	Short-term employee benefits Short-term employee benefits are recognised as an expense in the period in which they are incurred. Post-employment defined contribution plans Amounts in respect of defined contributions plans are recognised as an expense as they are incurred. Termination benefits Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.

	Going concern
	The financial statements have been prepared on the basis that the company will receive continued financial support from bank and directors and has adequate resources to continue in operational existence for the foreseeable future.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	2		2


3	Investment property

	Cost
	At 1 November 2024			1,100,314

	At 31 October 2025			1,100,314

	The company's investment property was valued by the director based on his understanding of property market conditions and derived from current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific assets.


4	Debtors	2025		2024
£			£

	Other debtors	-		44



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

	Trade creditors	1,200		-
	Taxation and social security costs	21,531		14,396
	Other creditors	482,622		229,604
		505,353		244,000


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	355,118		672,978


7	Related party transactions

	Included within other creditors is a directors' loan of £225,023 (2024 - £2,056). Other creditors of £226,548 (2024 - £226,548) represent the loan owed to DPKBV Ltd (a company under common control). During the year, the company charged the rent of £120,000 to DPKBV Ltd.


8	Controlling party

	The directors do not consider there to be an ultimate controlling party.


9	Other information

	MNRBV Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Suite 4, Cranbrook House
	61 Cranbrook Road
	Ilford
	Essex
	IG1 4PG