MBP Consulting Ltd

MBP Consulting Ltd

MBP CONSULTING LTD - Company Information

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1 June 2022 false No description of principal activity Taxfiler 2023.10 09027348business:PrivateLimitedCompanyLtd2022-06-012023-05-31 090273482022-05-31 090273482022-06-012023-05-31 09027348business:AuditExemptWithAccountantsReport2022-06-012023-05-31 09027348business:AbridgedAccounts2022-06-012023-05-31 090273482023-05-31 090273482022-05-31 09027348core:WithinOneYear2023-05-31 09027348core:WithinOneYear2022-05-31 09027348core:AfterOneYear2023-05-31 09027348core:AfterOneYear2022-05-31 09027348core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 09027348core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 09027348core:RevaluationReservecore:PreviouslyStatedAmount2023-05-31 09027348core:RevaluationReservecore:PreviouslyStatedAmount2022-05-31 09027348core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 09027348core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 09027348core:PreviouslyStatedAmount2023-05-31 09027348core:PreviouslyStatedAmount2022-05-31 09027348business:SmallEntities2022-06-012023-05-31 09027348business:Director12022-06-012023-05-31 09027348countries:EnglandWales2022-06-012023-05-31 09027348business:RegisteredOffice2022-06-012023-05-31 09027348core:AcceleratedTaxDepreciationDeferredTax2023-05-31 09027348core:AcceleratedTaxDepreciationDeferredTax2022-05-31 090273482021-05-31 090273482021-06-012022-05-31 09027348business:Director112022-06-012023-05-31 09027348business:Director112022-05-31 09027348business:Director112023-05-31 09027348business:Director22022-06-012023-05-31 09027348business:Director222022-06-012023-05-31 09027348business:Director222022-05-31 09027348business:Director222023-05-31 iso4217:GBP xbrli:pure
MBP Consulting Ltd Unaudited accounts Contents
Page
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MBP Consulting Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
26,459 
28,623 
Tangible assets
5
14,087 
8,715 
40,546 
37,338 
Current assets
Debtors
28,714 
17,318 
Cash at bank and in hand
138,222 
189,886 
166,936 
207,204 
Creditors: amounts falling due within one year
(4,162)
(16,162)
Net current assets
162,774 
191,042 
Total assets less current liabilities
203,320 
228,380 
Creditors: amounts falling due after more than one year
(20,533)
(23,991)
Provisions for liabilities
Deferred tax
6
(2,677)
(1,656)
Net assets
180,110 
202,733 
Capital and reserves
Called up share capital
10 
10 
Revaluation reserve
18,838 
19,840 
Profit and loss account
161,262 
182,883 
Shareholders' funds
180,110 
202,733 
For the year ending 31 May 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 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 the year 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by
D Haynes Director Company Registration No. 09027348
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MBP Consulting Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
MBP Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 09027348. The registered office is 9 Lancaster Centre Meteor Business Park, Cheltenham Road East, Cheltenham Road East, GL2 9QL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets are included at their revalued amount at the end of the year.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 June 2022
28,623 
Additions
(2,164)
At 31 May 2023
26,459 
Amortisation
At 1 June 2022
- 
At 31 May 2023
- 
Net book value
At 31 May 2023
26,459 
At 31 May 2022
28,623 
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MBP Consulting Ltd Notes to the Accounts for the year ended 31 May 2023
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2022
45,966 
Additions
11,671 
At 31 May 2023
57,637 
Depreciation
At 1 June 2022
37,251 
Charge for the year
6,299 
At 31 May 2023
43,550 
Net book value
At 31 May 2023
14,087 
At 31 May 2022
8,715 
6
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
2,677 
1,656 
2023 
2022 
£ 
£ 
Provision at start of year
1,656 
- 
Charged to the profit and loss account
1,021 
1,656 
Provision at end of year
2,677 
1,656 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D Haynes
Loan to director
777 
- 
270 
507 
J Burcher
Loan to director
202 
- 
286 
(84)
979 
- 
556 
423 
The company made an unsecured, interest bearing loan of £423 to the directors as at 31 May 2023 (£979: 31 May 2022). This was cleared after the year end.
8
Transactions with related parties
The directors charged the company rent of £312.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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