Mbs Enterprises Limited - Accounts to registrar (filleted) - small 18.2

Mbs Enterprises Limited - Accounts to registrar (filleted) - small 18.2

MBS ENTERPRISES LIMITED - Company Information

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REGISTERED NUMBER: 11848086 (England and Wales)



















MBS ENTERPRISES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2022





MBS ENTERPRISES LIMITED (REGISTERED NUMBER: 11848086)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MBS ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2022







DIRECTOR: Miss M Sisodiya





REGISTERED OFFICE: 7 Connaught Avenue
Hounslow
TW4 5BN





REGISTERED NUMBER: 11848086 (England and Wales)





ACCOUNTANTS: C. Jay & Co.
Chartered Certified Accountants
CJ House
99A Cobbold Road
London
NW10 9SL
Page 1
MBS ENTERPRISES LIMITED (REGISTERED NUMBER: 11848086)

BALANCE SHEET
31 JANUARY 2022

2022 2021
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 891 362

CURRENT ASSETS
Cash at bank 32,730 17,235

CREDITORS
Amounts falling due within one year 5 31,564 16,423
NET CURRENT ASSETS 1,166 812
TOTAL ASSETS LESS CURRENT LIABILITIES 2,057 1,174

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,056 1,173
SHAREHOLDERS' FUNDS 2,057 1,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 26 May 2022 and were signed by:





Miss M Sisodiya - Director


The notes form part of these financial statements

Page 2
MBS ENTERPRISES LIMITED (REGISTERED NUMBER: 11848086)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022


1. STATUTORY INFORMATION

Mbs Enterprises 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.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Page 3 continued...
MBS ENTERPRISES LIMITED (REGISTERED NUMBER: 11848086)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2022


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 February 2021 543
Additions 1,065
At 31 January 2022 1,608
DEPRECIATION
At 1 February 2021 181
Charge for year 536
At 31 January 2022 717
NET BOOK VALUE
At 31 January 2022 891
At 31 January 2021 362

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade creditors - (1 )
Taxation and social security 9,439 3,965
Other creditors 22,125 12,459
31,564 16,423

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