Company Registration No. 08128698 (England and Wales)
MDLR Architects Ltd
Unaudited accounts
for the year ended 31 July 2023
MDLR Architects Ltd
Unaudited accounts
Contents
MDLR Architects Ltd
Company Information
for the year ended 31 July 2023
Company Number
08128698 (England and Wales)
Registered Office
5A Lliffe Yard
London
SE17 3QA
Accountants
Bo&Co Ltd
The Long Barn
Cobham Park Road, Downside
Cobham
Surrey
KT11 3NE
MDLR Architects Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
12,592
16,055
Cash at bank and in hand
81,528
142,987
Creditors: amounts falling due within one year
(62,969)
(118,496)
Net current assets
115,005
161,437
Net assets
127,597
177,492
Called up share capital
1
1
Profit and loss account
127,596
177,491
Shareholders' funds
127,597
177,492
For the year ending 31 July 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 15 March 2024 and were signed on its behalf by
L Gruszczynski
Director
Company Registration No. 08128698
MDLR Architects Ltd
Notes to the Accounts
for the year ended 31 July 2023
MDLR Architects Ltd is a private company, limited by shares, registered in England and Wales, registration number 08128698. The registered office is 5A Lliffe Yard, London, SE17 3QA.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5% straight line
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
MDLR Architects Ltd
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
3,610
24,327
1,710
29,647
Disposals
-
(1,680)
-
(1,680)
At 31 July 2023
3,610
23,080
1,710
28,400
At 1 August 2022
904
10,978
1,710
13,592
Charge for the year
180
3,716
-
3,896
On disposals
-
(1,680)
-
(1,680)
At 31 July 2023
1,084
13,014
1,710
15,808
At 31 July 2023
2,526
10,066
-
12,592
At 31 July 2022
2,706
13,349
-
16,055
Amounts falling due within one year
Trade debtors
90,349
110,747
Accrued income and prepayments
6,097
26,199
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,025
27,697
Taxes and social security
20,139
40,821
Other creditors
38,988
43,588
7
Average number of employees
During the year the average number of employees was 7 (2022: 9).