2023-03-012024-02-292024-02-29false13408365MCD VISUAL ARTS 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MCD VISUAL ARTS LTD

Registered Number
13408365
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

MCD VISUAL ARTS LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

DOGAN, Mert Can

Registered Address

7 Bell Yard
London
WC2A 2JR

Registered Number

13408365 (England and Wales)
MCD VISUAL ARTS LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,801916
1,801916
Current assets
Debtors420150
Cash at bank and on hand4,1922,880
4,6123,030
Creditors amounts falling due within one year(2,056)(1,234)
Net current assets (liabilities)2,5561,796
Total assets less current liabilities4,3572,712
Net assets4,3572,712
Capital and reserves
Called up share capital100100
Other reserves1,0001,000
Profit and loss account3,2571,612
Shareholders' funds4,3572,712
The financial statements were approved and authorised for issue by the Director on 15 April 2024, and are signed on its behalf by:
DOGAN, Mert Can
Director
Registered Company No. 13408365
MCD VISUAL ARTS LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 March 231,306
Additions1,299
At 29 February 242,605
Depreciation and impairment
At 01 March 23390
Charge for year414
At 29 February 24804
Net book value
At 29 February 241,801
At 28 February 23916