M&D NAILS LIMITED

Company Registration Number:
10500984 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

M&D NAILS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

M&D NAILS LIMITED

Company Information

for the Period Ended 30 November 2023




Director: Mai Anh Nguyen
Duong Tran
Registered office: 13
Welling High Street
Welling
Kent
GBR
DA16 1TR
Company Registration Number: 10500984 (England and Wales)

M&D NAILS LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,807 3,053
Total fixed assets: 2,807 3,053
Current assets
Stocks: 215 215
Debtors: 5 2,164 2,164
Cash at bank and in hand: 2,134 2,134
Total current assets: 4,513 4,513
Creditors: amounts falling due within one year: 6 ( 2,548 ) ( 2,548 )
Net current assets (liabilities): 1,965 1,965
Total assets less current liabilities: 4,772 5,018
Creditors: amounts falling due after more than one year: 7 ( 4,910 ) ( 5,156 )
Total net assets (liabilities): ( 138 ) ( 138 )

The notes form part of these financial statements

M&D NAILS LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 238 ) ( 238 )
Shareholders funds: ( 138 ) ( 138 )

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 April 2024
And Signed On Behalf Of The Board By:

Name: Mai Anh Nguyen
Status: Director

The notes form part of these financial statements

M&D NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

M&D NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 4

M&D NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

M&D NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 December 2022 7,222 3,870 11,092
Additions - 249 249
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 November 2023 7,222 4,119 11,341
Depreciation
At 01 December 2022 7,222 817 8,039
Charge for year - 495 495
On disposals - - -
Other adjustments - - -
At 30 November 2023 7,222 1,312 8,534
Net book value
At 30 November 2023 0 2,807 2,807
At 30 November 2022 0 3,053 3,053

As noted above, net tangible assets are any physical assets less intangible assets and liabilities. In order to calculate this, a company takes the fair market value (FMV) of its tangible assets and subtracts the fair market value of its liabilities.

M&D NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Debtors


2023
£

2022
£
Trade debtors 2,164 2,164
Total 2,164 2,164

M&D NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 2,548 2,548
Total 2,548 2,548

M&D NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 4,910 5,156
Total 4,910 5,156