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Company Registration No. 14447544 (England and Wales)
MBTOO Limited Unaudited accounts for the year ended 31 October 2025
MBTOO Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
41,992
-
Investments
5
744,360
856,465
786,352
856,465
Current assets
Debtors
6
220,000
-
Cash at bank and in hand
30,793
65,889
250,793
65,889
Creditors: amounts falling due within one year
7
(27,556)
(13,066)
Net current assets
223,237
52,823
Total assets less current liabilities
1,009,589
909,288
Provisions for liabilities
Deferred tax
8
(91,662)
(90,634)
Net assets
917,927
818,654
Capital and reserves
Called up share capital
9
76,580
76,580
Profit and loss account
841,347
742,074
Shareholders' funds
917,927
818,654
For the year ending 31 October 2025 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 her 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 23 February 2026 and were signed on its behalf by
Joanna Nuttall Director Company Registration No. 14447544
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MBTOO Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
MBTOO Limited is a private company, limited by shares, registered in England and Wales, registration number 14447544. The registered office is 51 De Moulham Road, Swanage, Dorset , BH19 1NX, United Kingdom .
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.
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be measured reliably. Turnover comprises dividend income received from investments.
Investments
Investments in shares are included at fair value with changes in fair value recognised through the profit and loss account.
Going concern
The director believes that the company MBTOO Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Motor vehicles
10% straight line
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MBTOO Limited Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 November 2024
-
Additions
45,799
At 31 October 2025
45,799
Depreciation
Charge for the year
3,807
At 31 October 2025
3,807
Net book value
At 31 October 2025
41,992
5
Investments
Other investments
£
Valuation at 1 November 2024
856,465
Fair value adjustments
106,667
Disposals
(218,772)
Valuation at 31 October 2025
744,360
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
220,000
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
13,691
-
Loans from directors
12,665
11,866
Accruals
1,200
1,200
27,556
13,066
8
Deferred taxation
2025
2024
£
£
Revaluation of investment property
91,662
90,634
2025
2024
£
£
Provision at start of year
90,634
62,201
Charged to the profit and loss account
1,028
28,433
Provision at end of year
91,662
90,634
- 4 -
MBTOO Limited Notes to the Accounts for the year ended 31 October 2025
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
76,580 Ordinary shares of £1 each
76,580
76,580
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 5 -