Mbkc Consulting Limited
Mbkc Consulting Limited
Registered number: 09581941
Unaudited Financial Statements
For The Year Ended
31 May 2022
Lewis Ballard BBB Ltd
Mbkc Consulting Limited
Unaudited Financial Statements
For The Year Ended
31 May 2022
Unaudited Financial Statements
Contents | |
Page | |
---|---|
Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—5 |
Mbkc Consulting Limited
Balance Sheet
As at
31 May 2022
Balance Sheet
Registered number:
09581941
For the year ending 31 May 2022 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.
2022 | 2021 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 3 |
|
|
||
|
|
||||
CURRENT ASSETS | |||||
Debtors | 4 |
|
|
||
Cash at bank and in hand |
|
|
|||
|
|
||||
Creditors: Amounts Falling Due Within One Year | 5 |
( |
( |
||
NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
|||
NET LIABILITIES |
( |
( |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 7 |
|
|
||
Profit and Loss Account |
( |
( |
|||
SHAREHOLDERS' FUNDS | (96,803) | (109,234) | |||
Mbkc Consulting Limited
Balance Sheet (continued)
As at
31 May 2022
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.
On behalf of the board
Director
|
|
The notes on pages 3 to 5 form part of these financial statements.
Mbkc Consulting Limited
Notes to the Financial Statements
For The Year Ended
31 May 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles |
|
Fixtures & Fittings |
|
Computer Equipment |
|
1.4.
Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
1.5.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2022 | 2021 | ||
---|---|---|---|
Office and administration |
|
|
|
Sales, marketing and distribution |
|
|
|
|
|
||
Mbkc Consulting Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 May 2022
3.
Tangible Assets
Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total | |
---|---|---|---|---|
£ | £ | £ | £ | |
Cost or Valuation | ||||
As at
|
|
|
|
|
Disposals |
( |
|
|
( |
As at
|
|
|
|
|
Depreciation | ||||
As at
|
|
|
|
|
Provided during the period |
|
|
|
|
Disposals |
( |
|
|
( |
As at
|
|
|
|
|
Net Book Value | ||||
As at
|
|
|
|
|
As at
|
|
|
|
|
4.
Debtors
2022 | 2021 | ||
---|---|---|---|
£ | £ | ||
Due within one year | |||
Trade debtors |
|
|
|
|
|
||
5.
Creditors: Amounts Falling Due Within One Year
2022 | 2021 | ||
---|---|---|---|
£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
|
|
|
Other taxes and social security |
|
|
|
VAT |
|
|
|
Accrued expenses |
|
|
|
Directors' loan accounts |
|
|
|
|
|
||
6.
Obligations Under Finance Leases and Hire Purchase
2022 | 2021 | ||
---|---|---|---|
£ | £ | ||
The maturity of these amounts is as follows: | |||
Amounts Payable: | |||
Within one year |
|
|
|
|
|
||
|
|
||
Mbkc Consulting Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 May 2022
8.
Related Party Transactions
At the balance sheet date the company owes to the director £169,734 (2021 : £173,233)
During the year, the company invoiced £18,822 (2021: £5,713) to NJP Consulting Engineers Limited for services rendered, a company under common control. At the year end £94,525 (2021: £94,525) was owed to MBKC Consulting Limited.
9.
General Information
Mbkc Consulting Limited
Registered number
09581941
is a limited by shares company incorporated in England & Wales. The Registered Office is Celtic House Caxton Place, Pentwyn, Cardiff, South Glamorgan, CF23 8HA.