Abbreviated Company Accounts - M. B. LEASING LIMITED

M. B. LEASING LIMITED - Company Information

08142564 M. B. LEASING LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08142564 2015-04-01 2016-03-31 08142564 2016-03-31 08142564 2015-03-31 08142564 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08142564 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08142564

M. B. LEASING LIMITED

Abbreviated Accounts

31 March 2016

M. B. LEASING LIMITED Registered Number 08142564

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	1,469,360	339,664
		1,469,360	339,664
Current assets
Cash at bank and in hand		16,004	3,225
		16,004	3,225
Creditors: amounts falling due within one year		(31,516)	(5,160)
Net current assets (liabilities)		(15,512)	(1,935)
Total assets less current liabilities		1,453,848	337,729
Creditors: amounts falling due after more than one year		(299,700)	(299,700)
Total net assets (liabilities)		1,154,148	38,029
Capital and reserves
Called up share capital	3	11,330	10,000
Share premium account		1,122,010	23,300
Profit and loss account		20,808	4,729
Shareholders' funds		1,154,148	38,029

For the year ending 31 March 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 November 2016

And signed on their behalf by:
D R Spacey, Director

M. B. LEASING LIMITED Registered Number 08142564

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Income comprises the company's share of partnership profits.

2Fixed assets Investments
Interest in Triple Point Lease Partners 2016 2015

At 1 April 2015 339,664 330,418
Introduced In Period 370,500 -
Profit Share 24,237 13,246
Withdrawn In Period (5,000) (4,000)
At 31 March 2016 729,401 339,664

Interest in Generations Navigator LLP 2016 2015

At 1 April 2015 - -
Introduced In Period 713,000 -
Profit Share 26,959 -
At 31 March 2016 739,959 -

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
11,330 Ordinary shares of £1 each (10,000 shares for 2015)	11,330	10,000