MCD REGENERATION LIMITED

Company Registration Number:
09872196 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

MCD REGENERATION LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

MCD REGENERATION LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Investments: 3 35 35
Total fixed assets: 35 35
Current assets
Debtors:   403,141 395,642
Cash at bank and in hand: 189 10,021
Total current assets: 403,330 405,663
Creditors: amounts falling due within one year:   (4,727) (3,625)
Net current assets (liabilities): 398,603 402,038
Total assets less current liabilities: 398,638 402,073
Creditors: amounts falling due after more than one year:   (4,815) (7,052)
Total net assets (liabilities): 393,823 395,021
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 393,813 395,011
Shareholders funds: 393,823 395,021

The notes form part of these financial statements

MCD REGENERATION LIMITED

Balance sheet statements

For the year ending 28 February 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 October 2023
and signed on behalf of the board by:

Name: Linda Marston-Weston
Status: Director

The notes form part of these financial statements

MCD REGENERATION LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turn over is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably

Intangible fixed assets and amortisation policy

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or lossA subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

MCD REGENERATION LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

MCD REGENERATION LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Fixed investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or lossA subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate