MLB NETWORK CONSULTANTS LIMITED - Period Ending 2023-09-30
MLB NETWORK CONSULTANTS LIMITED - Period Ending 2023-09-30
Registration number:
MLB NETWORK CONSULTANTS LIMITED
for the Period from 1 July 2023 to 30 September 2023
MLB NETWORK CONSULTANTS LIMITED
Profit and Loss Account for the Period from 1 July 2023 to 30 September 2023
The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
MLB NETWORK CONSULTANTS LIMITED
(Registration number: 03197934)
Balance Sheet as at 30 September 2023
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Note |
2023 |
2023 |
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Current assets |
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Debtors |
- |
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Creditors: Amounts falling due within one year |
- |
( |
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Net liabilities |
- |
( |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
( |
( |
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Shareholders' deficit |
- |
( |
For the financial period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
For the financial period ending 30 September 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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......................................... |
MLB NETWORK CONSULTANTS LIMITED
Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 30 September 2023
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
Going concern
Depreciation
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Asset class |
Depreciation method and rate |
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Motor vehicles |
25% reducing balance |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
MLB NETWORK CONSULTANTS LIMITED
Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 30 September 2023
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Debtors |
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Current |
Note |
2023 |
2023 |
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Income tax asset |
- |
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Cash and cash equivalents |
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2023 |
2023 |
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Creditors |
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Note |
2023 |
2023 |
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Due within one year |
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Amounts due to related parties |
- |
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Pension and other schemes |
Defined contribution pension scheme
The company operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the company to the scheme and amounted to £Nil (2023 - £
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Share capital |
Allotted, called up and fully paid shares
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2023 |
2023 |
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No. |
£ |
No. |
£ |
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1 |
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1 |