IRIS Accounts Production v23.3.1.45 06310284 director 1.5.22 30.4.23 30.4.23 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure063102842022-04-30063102842023-04-30063102842022-05-012023-04-30063102842021-04-30063102842021-05-012022-04-30063102842022-04-3006310284ns16:EnglandWales2022-05-012023-04-3006310284ns15:PoundSterling2022-05-012023-04-3006310284ns11:Director12022-05-012023-04-3006310284ns11:PrivateLimitedCompanyLtd2022-05-012023-04-3006310284ns11:SmallEntities2022-05-012023-04-3006310284ns11:AuditExempt-NoAccountantsReport2022-05-012023-04-3006310284ns11:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3006310284ns11:SmallCompaniesRegimeForAccounts2022-05-012023-04-3006310284ns11:FullAccounts2022-05-012023-04-300631028412022-05-012023-04-3006310284ns11:RegisteredOffice2022-05-012023-04-3006310284ns6:CurrentFinancialInstruments2023-04-3006310284ns6:CurrentFinancialInstruments2022-04-3006310284ns6:Non-currentFinancialInstruments2023-04-3006310284ns6:Non-currentFinancialInstruments2022-04-3006310284ns6:ShareCapital2023-04-3006310284ns6:ShareCapital2022-04-3006310284ns6:RetainedEarningsAccumulatedLosses2023-04-3006310284ns6:RetainedEarningsAccumulatedLosses2022-04-3006310284ns6:NetGoodwill2022-05-012023-04-3006310284ns6:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3006310284ns6:ComputerSoftware2022-05-012023-04-3006310284ns6:PlantMachinery2022-05-012023-04-3006310284ns6:NetGoodwill2022-04-3006310284ns6:IntangibleAssetsOtherThanGoodwill2022-04-3006310284ns6:NetGoodwill2023-04-3006310284ns6:IntangibleAssetsOtherThanGoodwill2023-04-3006310284ns6:NetGoodwill2022-04-3006310284ns6:IntangibleAssetsOtherThanGoodwill2022-04-3006310284ns6:PlantMachinery2022-04-3006310284ns6:PlantMachinery2023-04-3006310284ns6:PlantMachinery2022-04-3006310284ns6:CostValuation2022-04-3006310284ns6:WithinOneYearns6:CurrentFinancialInstruments2023-04-3006310284ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-30
REGISTERED NUMBER: 06310284 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

M D Spa Limited

M D Spa Limited (Registered number: 06310284)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M D Spa Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Dr P E Baguley





REGISTERED OFFICE: 1 Mill Wynd
Yarm
TS15 9AF





REGISTERED NUMBER: 06310284 (England and Wales)





ACCOUNTANTS: Milner Smeaton
Chartered Accountants and Chartered Tax Advisers
Viking House
Falcon Court
Preston Farm
Stockton-on-Tees
TS18 3TS

M D Spa Limited (Registered number: 06310284)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 72,945 97,945
Tangible assets 5 7,218 8,682
Investments 6 525,000 525,000
605,163 631,627

CURRENT ASSETS
Debtors 7 111,773 5,762
Cash at bank - 11,349
111,773 17,111
CREDITORS
Amounts falling due within one year 8 386,714 338,195
NET CURRENT LIABILITIES (274,941 ) (321,084 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

330,222

310,543

CREDITORS
Amounts falling due after more than one year 9 - (41,194 )

PROVISIONS FOR LIABILITIES (1,650 ) (1,650 )
NET ASSETS 328,572 267,699

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 328,472 267,599
328,572 267,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 director and authorised for issue on 13 November 2023 and were signed by:





Dr P E Baguley - Director


M D Spa Limited (Registered number: 06310284)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

M D Spa Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on cost, 15% on reducing balance and in accordance with the property

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

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.

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).

M D Spa Limited (Registered number: 06310284)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 May 2022
and 30 April 2023 250,000 11,754 261,754
AMORTISATION
At 1 May 2022 152,055 11,754 163,809
Charge for year 25,000 - 25,000
At 30 April 2023 177,055 11,754 188,809
NET BOOK VALUE
At 30 April 2023 72,945 - 72,945
At 30 April 2022 97,945 - 97,945

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022
and 30 April 2023 101,141
DEPRECIATION
At 1 May 2022 92,459
Charge for year 1,464
At 30 April 2023 93,923
NET BOOK VALUE
At 30 April 2023 7,218
At 30 April 2022 8,682

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2022
and 30 April 2023 525,000
NET BOOK VALUE
At 30 April 2023 525,000
At 30 April 2022 525,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other debtors 111,773 5,762

M D Spa Limited (Registered number: 06310284)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 66,164 77,850
Trade creditors 2,818 1,030
Taxation and social security 6,116 1,447
Other creditors 311,616 257,868
386,714 338,195

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans - 41,194

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company advanced its directors £Nil (2021 : £28,468). Interest was charged at market rate.