MBA Businessense Ltd,Ltd - AccountsLtd - Accounts

MBA Businessense Ltd,Ltd - AccountsLtd - Accounts

MBA BUSINESSENSE LTD - Company Information

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2022-02-01 04800533 2023-01-31 04800533 2022-02-01 2023-01-31 04800533 2022-01-31 04800533 2021-02-01 2022-01-31 04800533 uk-core:WithinOneYear 2022-01-31 04800533 uk-core:WithinOneYear 2023-01-31 04800533 uk-core:AfterOneYear 2022-01-31 04800533 uk-core:AfterOneYear 2023-01-31 04800533 uk-core:ShareCapital 2023-01-31 04800533 uk-core:ShareCapital 2022-01-31 04800533 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 04800533 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 04800533 uk-bus:Director1 2022-02-01 2023-01-31 04800533 uk-core:PlantMachinery 2022-02-01 2023-01-31 04800533 uk-core:CostValuation 2022-01-31 04800533 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-01-31 04800533 uk-core:AdditionsToInvestments 2023-01-31 04800533 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2023-01-31 04800533 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-01-31 04800533 uk-core:CostValuation 2023-01-31 04800533 uk-core:Non-currentFinancialInstruments 2023-01-31 04800533 uk-core:Non-currentFinancialInstruments 2022-01-31 iso4217:GBP xbrli:pure 04800533 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 04800533 uk-bus:FRS102 2022-02-01 2023-01-31 04800533 uk-bus:FullAccounts 2022-02-01 2023-01-31 04800533 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
MBA Businessense Ltd
Registered Number:04800533
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
MBA Businessense Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04800533
As at 31 January 2023
MBA Businessense Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,405
974
2
Financial assets
57,104
59,453
3
60,858
58,078
Current assets
Trade and other receivables
176,283
175,455
4
22,235
Cash and cash equivalents
16,419
191,874
198,518
Trade and other payables: amounts falling due within one
year
(8,368)
(6,157)
5
190,150
185,717
Net current assets
Total assets less current liabilities
246,575
248,228
Trade and other payables: amounts falling due after more
than one year
(171,001)
(171,001)
6
(267)
(185)
Provisions for liabilities
75,307
Net assets
77,042
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
74,307
76,042
75,307
77,042
Shareholders' funds
For the year ended 31 January 2023 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
04800533
For the year ended 31 January 2023
MBA Businessense Ltd
Statement of Financial Position Continued
Mr Michael Andrews Director
These financial statements were approved and authorised for issue by the Board on 30 October 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 January 2023
MBA Businessense Ltd
Notes to the Financial Statements
Statutory Information
MBA Businessense Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04800533.
Registered address:
Skiers Hall Farm
Elsecar
Barnsley
S74 8EU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
33.33% Straight line
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 31 January 2023
MBA Businessense Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 February 2022
3,767
1,339
Additions
Disposals
(925)
At 31 January 2023
4,181
Provision for depreciation and impairment
At 01 February 2022
2,793
Charge for year
907
(924)
On disposal
At 31 January 2023
2,776
At 31 January 2023
Net book value
1,405
At 31 January 2022
974
3. Investments held as fixed assets
Other investments
Total
At 01 February 2022
57,104
57,104
Cost
£
£
2,349
2,349
Additions
At 31 January 2023
59,453
59,453
At 31 January 2023
Net book value
59,453
59,453
At 01 February 2022
57,104
57,104
4. Trade and other receivables
2022
2023
£
£
Trade debtors
4,394
5,065
Other debtors
171,061
171,218
176,283
175,455
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7
For the year ended 31 January 2023
MBA Businessense Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
262
17
Taxation and social security
1,266
3,222
Other creditors
4,629
5,129
6,157
8,368
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
171,001
171,001
7. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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