MB MEMBRANES LIMITED

MB MEMBRANES LIMITED
Contents Page
For the year ended 30 November 2025

Company Information	1
Directors' Report	2
Accountants' Report	3
Statement of Financial Position	4
Notes to the Financial Statements	5

MB MEMBRANES LIMITED
Company Information
For the year ended 30 November 2025

Directors	Neil McNamara Stephen Robert Benson
Registered Number	09885933
Registered Office	UNIT 2 The Fairway HARLOW ESSEX CM18 6LY
Accountants	Mr Joseph John Mills FFA, FIPA M & A Accountancy Services S.L Calle Los Huertos 97, LN5 Nerja 29780

1

MB MEMBRANES LIMITED
Directors' Report
For the year ended 30 November 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 30 November 2025.

Principal activities

Principal activity of the company during the financial year was of Membrane Fabric manufactures

Directors

The directors who served the company throughout the year were as follows:

Neil McNamara

Stephen Robert Benson

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
Neil McNamara
Director

Date approved: 28 July 2026

2

MB MEMBRANES LIMITED Accountants' Report For the year ended 30 November 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. M & A ACCOUNTING SERVICES S.L 30 November 2025 .................................................... Mr Joseph John Mills FFA, FIPA M & A Accountancy Services S.L Calle Los Huertos 97, LN5 Nerja 29780 28 July 2026 3

MB MEMBRANES LIMITED
Accountants' Report
For the year ended 30 November 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
M & A ACCOUNTING SERVICES S.L
30 November 2025

....................................................
Mr Joseph John Mills FFA, FIPA
M & A Accountancy Services S.L
Calle Los Huertos 97, LN5
Nerja
29780
28 July 2026

3

MB MEMBRANES LIMITED
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	169,089	176,860
		169,089	176,860
Current assets
Debtors	4	590,601	775,944
Cash at bank and in hand		362,717	35,518
		953,318	811,462
Creditors: amount falling due within one year	5	(498,663)	(470,682)
Net current assets		454,655	340,780

Total assets less current liabilities		623,744	517,640
Provisions for liabilities	6	(1,983)	0
Net assets		621,761	517,640

Capital and reserves
Called up share capital		10	10
Profit and loss account		621,751	517,630
Shareholders' funds		621,761	517,640

For the year ended 30 November 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 accounts for the year in question in accordance with section 476.
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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors on 28 July 2026 and were signed on its behalf by:

-------------------------------
Neil McNamara
Director

4

MB MEMBRANES LIMITED
Notes to the Financial Statements
For the year ended 30 November 2025

General Information

MB MEMBRANES LIMITED is a private company, limited by shares, registered in England & Northern Ireland, registration number 09885933, registration address UNIT 2 The Fairway, HARLOW, ESSEX, CM18 6LY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33.33% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 25 (2024 : 21).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 December 2024	8,439	216,711	1,136	226,286
Additions	13,470	40,798	1,094	55,362
Disposals	-	(3,989)	-	(3,989)
At 30 November 2025	21,909	253,520	2,230	277,659
Depreciation
At 01 December 2024	7,205	41,085	1,136	49,426
Charge for year	3,676	55,103	365	59,144
On disposals	-	-	-	-
At 30 November 2025	10,881	96,188	1,501	108,570
Net book values
Closing balance as at 30 November 2025	11,028	157,332	729	169,089
Opening balance as at 01 December 2024	1,234	175,626	-	176,860

4.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	584,538	526,597
Provision for Doubtful Debts	(150,000)	0
PN Staff Loan	17,250	17,250
VAT	138,813	232,097
	590,601	775,944

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	126,840	210,492
Capital on Tap	39,881	10,558
Lloyds Bank credit Card	83	2,024
Funding Loan	2,513	2,513
Ford Credit	70,201	0
Close Brothers Motor Finance	57,186	0
Blackhorse Finance 178915451	21,486	0
Black Horse Finance 178915515	23,325	0
BLACK HORSE 178323069	20,799	0
BLACK HORSE 178957491	14,366	0
Corporation Tax	102	138,490
PAYE & Social Security	77,524	73,808
Other Creditors	(1)	0
Attachment of Earnings	1,648	11,509
Jack Shaves Holiday Account	450	450
Directors' Current Accounts	0	1
Director: Neil McNamara	21,012	10,233
Director: Stephen Robert Benson	21,248	10,604
	498,663	470,682

6.

Provisions for liabilities

	2025 £		2024 £
Pension Provisions	1,983		0
	1,983		0

5

Registered Number: 09885933
England & Northern Ireland
MB MEMBRANES LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 December 2024 End date: 30 November 2025