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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
Page
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MDC Property Limited Company Information for the year ended 31 March 2023
Director
R Mudditt
Company Number
04309332 (England and Wales)
Registered Office
54 High Street Claverham Bristol BS49 4NE
Accountants
FAST Britannia House Glenthorne Road London W6 0LH
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MDC Property Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
172,071 
184,969 
Current assets
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)
Net assets
176,723 
94,924 
Capital and reserves
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
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MDC Property Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Comparative figures
The comparative figures have been restated and now include the corporation tax charge that had been incorrectly excluded.
4
Investment property
2023 
£ 
Fair value at 1 April 2022
184,969 
Disposals
(12,898)
At 31 March 2023
172,071 
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 
Accruals
1,100 
920 
99,389 
123,744 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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