REGISTERED NUMBER: SC803330 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 18 MARCH 2024 TO 31 MARCH 2025

FOR

MBE TRAVEL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E Brincat

M Brincat

SECRETARY:

E Brincat

REGISTERED OFFICE:

52 Helenslee Road

Dumbarton

Glasgow

G82 4BS

REGISTERED NUMBER:

SC803330 (Scotland)

ACCOUNTANTS:

AGB Accounting & Tax Consultants Limited

27 Guardwell Crescent

Edinburgh

EH17 7JA

BANKERS:

Virgin Money UK

Jubilee House

Gosforth

Newcastle Upon Tyne

NE3 4PL

FIXED ASSETS

Intangible assets

4

13,495

Tangible assets

5

2,544

16,039

CURRENT ASSETS

Debtors

6

908

Cash at bank and in hand

4,357

5,265

CREDITORS

Amounts falling due within one year

7

30,632

NET CURRENT LIABILITIES

(25,367

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,328

)

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

(9,428

)

SHAREHOLDERS' FUNDS

(9,328

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

E Brincat - Director

1.	STATUTORY INFORMATION

MBE Travel Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The Company is dependent upon the continued support of the directors and other creditors, who are the major creditors, in order to meet its obligations as they fall due. The directors and other creditors have confirmed their intention to continue to support the company and, on the basis, are of the opinion that the financial statements should be prepared on a going concern basis. If the company were unable to continue in operational existence, adjustments would be required to be made to reduce the balance sheet value of assets to their recoverable amounts and provide for any further liabilities which may arise.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 20% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

14,995

At 31 March 2025

14,995

AMORTISATION

Charge for period

1,500

At 31 March 2025

1,500

NET BOOK VALUE

At 31 March 2025

13,495

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

3,500

At 31 March 2025

3,500

DEPRECIATION

Charge for period

956

At 31 March 2025

956

NET BOOK VALUE

At 31 March 2025

2,544

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

582

Other debtors

326

908

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

30,632

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in "Other creditors: amounts falling due within one year" is an amount of £107 due to E Brincat, a director of the company. Also included is an amount of £29,675 due to MBE Dental And Medical Ltd. The directors of the company are also directors of MBE Dental And Medical Ltd. No fixed interest rates or repayment terms apply.