Msib Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3

Registered number: 08663768

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	3,351,367		3,469,777
Investments		1,000		1,000

		3,352,367		3,470,777
Creditors: Amounts Falling Due Within One Year		(1,100 )		(1,100 )

NET CURRENT ASSETS (LIABILITIES)			3,351,267		3,469,677

TOTAL ASSETS LESS CURRENT LIABILITIES			3,351,267		3,469,677

NET ASSETS			3,351,267		3,469,677

CAPITAL AND RESERVES
Called up share capital	5		558		578
Share premium account			1,000		1,000
Capital redemption reserve			442		422
Profit and Loss Account			3,349,267		3,467,677

SHAREHOLDERS' FUNDS			3,351,267		3,469,677

Page 1

Page 2

Msib Ltd

Abridged Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 November 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Dean Sibley Director	Mr Simon Sibley Director
28/08/2026

The notes on page 3 form part of these financial statements.

1. General Information

Msib Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08663768 . The registered office is Unit 37 Rassau Industrial Estate, Rassau, Ebbw Vale, NP23 5SD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Debtors

	2025	2024
	£	£
Due after more than one year
Other debtors	3,346,232	3,464,642

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	558	578

6. Related Party Transactions

Companies under common control

During the year the company advanced new loans to companies under common control totalling NIL (2024: £402,000).

During the year the company wrote off irrecoverable loans to companies under common control totalling £118,410 via a formal deed of settlement and waiver. The write off is treated as an exceptional item in the company profit and loss account.

At the balance sheet date the aggreated loans outstanding to companies under common control totalled £3,345,823 (2024: £3,464,624). The loans are interest free and repayable on demand.

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