Company Registration No. 04309332 (England and Wales)
MDC Property Limited
Unaudited accounts
for the year ended 31 March 2023
MDC Property Limited
Unaudited accounts
Contents
MDC Property Limited
Company Information
for the year ended 31 March 2023
Company Number
04309332 (England and Wales)
Registered Office
54 High Street
Claverham
Bristol
BS49 4NE
Accountants
FAST
Britannia House
Glenthorne Road
London
W6 0LH
MDC Property Limited
Statement of financial position
as at 31 March 2023
Investment property
172,071
184,969
Cash at bank and in hand
104,041
33,699
Creditors: amounts falling due within one year
(99,389)
(123,744)
Net current assets/(liabilities)
4,652
(90,045)
Called up share capital
1
1
Revaluation reserve
27,378
27,378
Profit and loss account
149,344
67,545
Shareholders' funds
176,723
94,924
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2023 and were signed on its behalf by
R Mudditt
Director
Company Registration No. 04309332
MDC Property Limited
Notes to the Accounts
for the year ended 31 March 2023
MDC Property Limited is a private company, limited by shares, registered in England and Wales, registration number 04309332. The registered office is 54 High Street, Claverham, Bristol, BS49 4NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The comparative figures have been restated and now include the corporation tax charge that had been incorrectly excluded.
Fair value at 1 April 2022
184,969
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
31,270
3,013
Other creditors
7,500
7,500
Loans from directors
59,519
112,311
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).