MB Builders & Joinery Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06685189 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

MB BUILDERS & JOINERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Biggs

Ms J A Staniforth

REGISTERED OFFICE:

Fox Hollows, Piccadilly Road,

Chesterfield,

Derbyshire

S41 0EH

REGISTERED NUMBER:

06685189 (England and Wales)

ACCOUNTANTS:

Anderson & Co

18 Diamond Avenue

Kirkby in Ashfield

Nottinghamshire

NG17 7GR

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

33,621

41,221

33,621

41,221

CURRENT ASSETS

Stocks

400

Debtors

6

103,390

90,987

Cash at bank and in hand

15,355

16,258

119,145

107,645

CREDITORS

Amounts falling due within one year

7

126,602

114,622

NET CURRENT LIABILITIES

(7,457

)

(6,977

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

26,164

34,244

CREDITORS

Amounts falling due after more than one
year

8

(15,140

)

(25,140

)

PROVISIONS FOR LIABILITIES

(9,138

)

(9,138

)

NET ASSETS/(LIABILITIES)

1,886

(34

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

1,884

(36

)

SHAREHOLDERS' FUNDS

1,886

(34

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 31 July 2026 and were signed on its behalf by:

M Biggs - Director

Ms J A Staniforth - Director

1.	STATUTORY INFORMATION

MB Builders & Joinery Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

20,000

AMORTISATION

At 1 November 2024

and 31 October 2025

20,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 November 2024

and 31 October 2025

25,218

2,969

80,294

108,481

DEPRECIATION

At 1 November 2024

9,522

2,524

55,214

67,260

Charge for year

2,200

50

5,350

7,600

At 31 October 2025

11,722

2,574

60,564

74,860

NET BOOK VALUE

At 31 October 2025

13,496

395

19,730

33,621

At 31 October 2024

15,696

445

25,080

41,221

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 1 November 2024

and 31 October 2025

36,711

DEPRECIATION

At 1 November 2024

24,431

Charge for year

2,700

At 31 October 2025

27,131

NET BOOK VALUE

At 31 October 2025

9,580

At 31 October 2024

12,280

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

10,408

9,505

Amounts recoverable on contract

67,500

56,000

Value added tax

22,393

Prepayments

3,089

103,390

90,987

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Bank loans and overdrafts

4,554

6,027

Other loans

10,000

Trade creditors

40,619

49,146

Corporation tax

1,666

2,620

PAYE & national insurance

1,617

2,650

Other creditors

9,126

Directors' current accounts

55,084

31,084

Accrued expenses

3,936

3,969

126,602

114,622

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans - 2-5 years

15,140

25,140

9.	ULTIMATE CONTROLLING PARTY

The company is controlled jointly by Mr. M. Biggs (director) and Mrs. J. Staniforth (director) by virtue that each owns 50% of the companies issued shares.