Company Registration No. 12338598 (England and Wales)
MDA Business Solutions Limited
Unaudited accounts
for the year ended 30 November 2023
MDA Business Solutions Limited
Unaudited accounts
Contents
MDA Business Solutions Limited
Company Information
for the year ended 30 November 2023
Director
Andrei Razvan Mica
Company Number
12338598 (England and Wales)
Registered Office
6 Pennine Parade
Pennine Drive
London
NW2 1NT
MDA Business Solutions Limited
Statement of financial position
as at 30 November 2023
Tangible assets
72,470
104,588
Cash at bank and in hand
76,177
23,219
Creditors: amounts falling due within one year
(93,786)
(72,248)
Net current assets
59,984
4,491
Total assets less current liabilities
132,454
109,079
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Called up share capital
100
100
Profit and loss account
82,354
58,979
Shareholders' funds
82,454
59,079
For the year ending 30 November 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 12 August 2024 and were signed on its behalf by
Andrei Razvan Mica
Director
Company Registration No. 12338598
MDA Business Solutions Limited
Notes to the Accounts
for the year ended 30 November 2023
MDA Business Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 12338598. The registered office is 6 Pennine Parade, Pennine Drive , London, NW2 1NT.
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:
Plant & machinery
20% Reducing Balance.
Computer equipment
25% Reducing Balance.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
130,579
1,080
131,659
Disposals
(21,830)
-
(21,830)
At 30 November 2023
108,749
1,080
109,829
At 1 December 2022
26,447
624
27,071
Charge for the year
18,032
114
18,146
On disposals
(7,858)
-
(7,858)
At 30 November 2023
36,621
738
37,359
At 30 November 2023
72,128
342
72,470
At 30 November 2022
104,132
456
104,588
MDA Business Solutions Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Accrued income and prepayments
33,073
-
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
-
8,859
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).