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REGISTERED NUMBER: 14067789 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 25 APRIL 2022 TO 31 MARCH 2023

FOR

M.D THERMAL LTD

M.D THERMAL LTD (REGISTERED NUMBER: 14067789)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 APRIL 2022 TO 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M.D THERMAL LTD

COMPANY INFORMATION
FOR THE PERIOD 25 APRIL 2022 TO 31 MARCH 2023







DIRECTOR: Mr T A Mould





REGISTERED OFFICE: Westgate
Aldridge
Walsall
WS9 8BS





BUSINESS ADDRESS: 17 Heath Close
Stonnall
Walsall
WS9 9HU





REGISTERED NUMBER: 14067789 (England and Wales)





ACCOUNTANTS: Brookes Stephens
New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ

M.D THERMAL LTD (REGISTERED NUMBER: 14067789)

BALANCE SHEET
31 MARCH 2023

Notes £    £   
Fixed assets
Tangible assets 4 24,838

Current assets
Stocks 400
Debtors 5 33,895
Cash at bank 17,685
51,980
Creditors
Amounts falling due within one year 6 14,494
Net current assets 37,486
Total assets less current liabilities 62,324

Creditors
Amounts falling due after more than one
year

7

(21,576

)

Provisions for liabilities (4,719 )
Net assets 36,029

Capital and reserves
Called up share capital 9 2
Retained earnings 36,027
Shareholders' funds 36,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

M.D THERMAL LTD (REGISTERED NUMBER: 14067789)

BALANCE SHEET - continued
31 MARCH 2023


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 15 November 2023 and were signed by:





Mr T A Mould - Director


M.D THERMAL LTD (REGISTERED NUMBER: 14067789)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 APRIL 2022 TO 31 MARCH 2023


1. STATUTORY INFORMATION

M.d Thermal 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.

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 represents net invoiced goods and services, excluding value added tax.

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 reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

M.D THERMAL LTD (REGISTERED NUMBER: 14067789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 APRIL 2022 TO 31 MARCH 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 32,407
At 31 March 2023 32,407
DEPRECIATION
Charge for period 7,569
At 31 March 2023 7,569
NET BOOK VALUE
At 31 March 2023 24,838

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 32,424
Other debtors 1,471
33,895

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 7,229
Trade creditors 8,262
Taxation and social security (1,829 )
Other creditors 832
14,494

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Hire purchase contracts 21,576

8. SECURED DEBTS

The hire purchase liabilities relate to two agreements and are secured against the assets to which they relate. For each of the two agreements, one of the directors has provided a personal guarantee.

M.D THERMAL LTD (REGISTERED NUMBER: 14067789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 APRIL 2022 TO 31 MARCH 2023


9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

10. RELATED PARTY DISCLOSURES

During the period, total dividends of £40,260 were paid to the directors .

At the year end, the company owed the directors £232. This loan is interest free and repayable on demand.