MBO Partner 2 Ltd - Accounts to registrar (filleted) - small 23.2.5

MBO Partner 2 Ltd - Accounts to registrar (filleted) - small 23.2.5

MBO PARTNER 2 LTD - Company Information

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REGISTERED NUMBER: 11384869 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

MBO PARTNER 2 LTD
MBO PARTNER 2 LTD (REGISTERED NUMBER: 11384869)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MBO PARTNER 2 LTD

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTORS: R Parlett
A W J Cundall
G Anderson
T Beeston
M Shaw



REGISTERED OFFICE: Sterling House
Maple Court
Maple Road
Tankersley
S75 3DP



REGISTERED NUMBER: 11384869 (England and Wales)



SENIOR STATUTORY AUDITOR: Andrew Throssell FCA



AUDITORS: Hebblethwaites
Chartered Accountants & Statutory Auditors
2 Westbrook Court
Sharrow Vale Road
Sheffield
S11 8YZ
Page 1
MBO PARTNER 2 LTD (REGISTERED NUMBER: 11384869)

BALANCE SHEET
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,683 1,683

CURRENT ASSETS
Debtors 5 2,521 2,521
Cash at bank and in hand 957 100
3,478 2,621
CREDITORS
Amounts falling due within one year 6 3,181 2,287
NET CURRENT ASSETS 297 334
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,980
2,017

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,880 1,917
1,980 2,017

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2024 and were signed on its behalf by:





M Shaw - Director


The notes form part of these financial statements

Page 2
MBO PARTNER 2 LTD (REGISTERED NUMBER: 11384869)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

MBO Partner 2 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Preparation of consolidated financial statements
The financial statements contain information about MBO Partner 2 Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, MBO Partner 1 Ltd, .

Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

In the opinion of management, there are no judgement or key sources of estimation uncertainty that have a significant impact on the financial statement.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at the market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 3 continued...
MBO PARTNER 2 LTD (REGISTERED NUMBER: 11384869)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2022
and 30 September 2023 1,683
NET BOOK VALUE
At 30 September 2023 1,683
At 30 September 2022 1,683

The Company's investments at the balance sheet date in the equity of LLPs include the following:

A Shade Greener Tankersley LLP

Country of incorporation: England & Wales
Nature of business: Holding company
Holding 00.01%
Total members' interests £83,344,085
Profit/(loss) for the year (£8,822,055 )


A Shade Greener Member LLP
Country of incorporation: England & Wales
Nature of business: Holding company
Holding 00.01%
Total members' interests £23,557
Profit/(loss) for the year £73

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 2,521 2,521

Page 4 continued...
MBO PARTNER 2 LTD (REGISTERED NUMBER: 11384869)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Taxation and social security - 199
Other creditors 3,181 2,088
3,181 2,287

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditor, dated 10 June 2024, was unqualified.

Andrew Throssell FCA (Senior Statutory Auditor)
For and on behalf of Hebblethwaites

8. ULTIMATE CONTROLLING PARTY



The ultimate controlling party is MBO Partner 1 Limited. The address of the registered office is Sterling House, Maple Court, Maple Road, Tankersley, S75 3DP

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