2023-01-01 12267946 2023-12-31 12267946 2023-01-01 2023-12-31 12267946 2022-12-31 12267946 2022-01-01 2022-12-31 12267946 uk-core:WithinOneYear 2022-12-31 12267946 uk-core:WithinOneYear 2023-12-31 12267946 uk-core:ShareCapital 2023-12-31 12267946 uk-core:ShareCapital 2022-12-31 12267946 uk-core:SharePremium 2023-12-31 12267946 uk-core:SharePremium 2022-12-31 12267946 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 12267946 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 12267946 uk-bus:Director1 2023-01-01 2023-12-31 12267946 uk-bus:Director2 2023-01-01 2023-12-31 12267946 uk-core:ComputerEquipment 2023-01-01 2023-12-31 12267946 uk-core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 12267946 uk-core:IntangibleAssetsOtherThanGoodwill 2022-12-31 12267946 uk-core:IntangibleAssetsOtherThanGoodwill 2023-12-31 12267946 uk-core:IntangibleAssetsOtherThanGoodwill 2023-01-01 2023-12-31 12267946 uk-core:ComputerEquipment 2022-12-31 12267946 uk-core:FurnitureFittingsToolsEquipment 2022-12-31 12267946 uk-core:FurnitureFittingsToolsEquipment 2023-12-31 12267946 uk-core:ComputerEquipment 2023-12-31 iso4217:GBP xbrli:pure 12267946 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12267946 uk-bus:FRS102 2023-01-01 2023-12-31 12267946 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 12267946 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
MDLDN Limited
Registered Number:12267946
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
12267946
As at 31 December 2023
MDLDN Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
2,355
2,493
2
Property, plant and equipment
9,702
11,115
3
12,057
13,608
Current assets
Inventories
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
Capital and reserves
Called up share capital
133
123
Share premium account
2,159,217
1,324,962
Retained earnings
(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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3
Registered Number :
12267946
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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4
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.
Registered address:
30 Brewer Street
London
W1F 0SS
The presentation currency is £ sterling.
1. Accounting policies
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:
25 Reducing balance
Computer Equipment
25 Reducing balance
Furniture and Fittings
Inventories
Inventories are stated at the lower of cost or net realisable value.
2. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
At 01 January 2023
2,771
At 31 December 2023
2,771
Amortisation
At 01 January 2023
278
138
Charge for year
At 31 December 2023
416
Net book value
At 31 December 2023
2,355
At 31 December 2022
2,493
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5
For the year ended 31 December 2023
MDLDN Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 January 2023
15,008
2,067
12,941
1,822
1,822
-
Additions
At 31 December 2023
12,941
3,889
16,830
Provision for depreciation and impairment
At 01 January 2023
3,893
658
3,235
Charge for year
3,235
808
2,427
At 31 December 2023
7,128
1,466
5,662
At 31 December 2023
Net book value
7,279
2,423
9,702
At 31 December 2022
9,706
1,409
11,115
4. Inventories
2022
2023
£
£
Stocks
473,549
189,445
5. Trade and other receivables
2022
2023
£
£
Trade debtors
168,341
1,800
Other debtors
108,016
38,335
40,135
276,357
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
52,186
44,580
Taxation and social security
7,690
7,299
Other creditors
31,378
3,900
91,254
55,779
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6
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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