Registered Number:12267946 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
MDLDN Limited
Statement of Financial Position
2022
2023
2,355
2,493
2
Property, plant and equipment |
9,702
11,115
3
12,057
13,608
189,445
473,549
4
Trade and other receivables |
40,135
276,357
5
350,692
Cash and cash equivalents |
480,220
1,230,126
580,272
Trade and other payables: amounts falling due within one |
year |
(55,779)
(91,254)
6
524,493
1,138,872
Net current assets
Total assets less current liabilities |
1,150,929
538,101
1,150,929
Net assets
538,101
133
123
2,159,217
1,324,962
(1,008,421)
(786,984)
1,150,929
538,101
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Michael Robert Douglas Director |
Reece Paul Williams Director |
These financial statements were approved and authorised for issue by the Board on 02 April 2024 and were signed by: |
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For the year ended 31 December 2023
MDLDN Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 December 2023
MDLDN Limited
Notes to the Financial Statements
Statutory Information
MDLDN Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
12267946. |
30 Brewer Street
London
W1F 0SS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
The financial statements have been prepared on the historical cost basis.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Furniture and Fittings
Inventories
Inventories are stated at the lower of cost or net realisable value.
2. Intangible fixed assets |
2,771
2,771
278
138
Charge for year
416
2,355
2,493
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For the year ended 31 December 2023
MDLDN Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
15,008
2,067
12,941
1,822
1,822
-
12,941
3,889
16,830
Provision for depreciation and impairment |
3,893
658
3,235
Charge for year
3,235
808
2,427
7,128
1,466
5,662
7,279
2,423
9,702
9,706
1,409
11,115
2022
2023
473,549
189,445
5. Trade and other receivables |
2022
2023
168,341
1,800
108,016
38,335
40,135
276,357
6. Trade and other payables: amounts falling due within one year |
2022
2023
52,186
44,580
Taxation and social security |
7,690
7,299
31,378
3,900
91,254
55,779
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For the year ended 31 December 2023
MDLDN Limited
Notes to the Financial Statements Continued
7. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 2)
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