Accounts Submission


MBS COMMERCIAL PROPERTY LIMITED

Company Registration Number:
05080477 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

(Dormant)

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

MBS COMMERCIAL PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Company Information - 3
Balance sheet - 4
Additional notes - 6

MBS COMMERCIAL PROPERTY LIMITED

Company Information

for the Period Ended 31 March 2021




Director: Cornelia McCrudden
Katherine Bicknell
Andrew Stuckey
Registered office: 40
Broadway Lane
Bournemouth
Dorset
BH8 0AA
Company Registration Number: 05080477 (England and Wales)

MBS COMMERCIAL PROPERTY LIMITED

Balance sheet

As at 31 March 2021


Notes

2021
£

2020
£
Fixed assets
Total fixed assets: - -
Current assets
Creditors: amounts falling due after more than one year: ( 42,934 ) ( 42,934 )
Total net assets (liabilities): ( 42,934 ) ( 42,934 )

The notes form part of these financial statements

MBS COMMERCIAL PROPERTY LIMITED

Balance sheet continued

As at 31 March 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: ( 43,934 ) ( 43,934 )
Shareholders funds: ( 42,934 ) ( 42,934 )

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

For the year ending 31 March 2021 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

This report was approved by the board of directors on 6 December 2021
And Signed On Behalf Of The Board By:

Name: Cornelia McCrudden
Status: Director

The notes form part of these financial statements

MBS COMMERCIAL PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    The Company was dormant throughout the current year and previous year. Deferred Tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date. Going Concern: As at the balance sheet date there is a deficit of assets totalling £42,934 (2020 : £42,934). The company is reliant upon the continuing financial support of the investors, as evidenced by their loans to the company totalling £42,934 (2020 : £42,934). The directors have not received confirmation that this support will not continue and therefore the financial statements have been prepared on a going concern basis.

MBS COMMERCIAL PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 0 0

MBS COMMERCIAL PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

  • 3. Off balance sheet disclosure

    No

MBS COMMERCIAL PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4.1.Related party disclosures

Name of related party: Mr A J Stuckey
Description of relationship:
Director Shareholder
Description of the transaction:
Amount due to related party at balance sheet date
Balance at 01 April 2020 2,786
Balance at 31 March 2021 2,786

Name of related party: Mr S Bicknell
Description of relationship:
Husband of director shareholder, K Bicknell
Description of the transaction:
Amount due to related party at balance sheet date
Balance at 01 April 2020 4,217
Balance at 31 March 2021 4,217

MBS COMMERCIAL PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4.2.Related party disclosures

Name of related party: Mr C N McCrudden
Description of relationship:
Husband of director shareholder, C McCrudden
Description of the transaction:
Amount due to related party at balance sheet date
Balance at 01 April 2020 35,931
Balance at 31 March 2021 35,931