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REGISTERED NUMBER: 11961737 (England and Wales)












Unaudited Financial Statements for the Year Ended 30th March 2024

for

MDF Advisory Limited

MDF Advisory Limited (Registered number: 11961737)






Contents of the Financial Statements
for the Year Ended 30th March 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


MDF Advisory Limited

Company Information
for the Year Ended 30th March 2024







DIRECTORS: M D Fells
Mrs S Fells





REGISTERED OFFICE: Grenville House
4 Grenville Avenue
Broxbourne
Hertfordshire
EN10 7DH





REGISTERED NUMBER: 11961737 (England and Wales)





ACCOUNTANTS: Lincoln Brown & Co Limited
Chartered Certified Accountants
Grenville House
4 Grenville Avenue
Broxbourne
Hertfordshire
EN10 7DH

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
MDF Advisory Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MDF Advisory Limited for the year ended 30th March 2024 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of MDF Advisory Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MDF Advisory Limited and state those matters that we have agreed to state to the Board of Directors of MDF Advisory Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MDF Advisory Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MDF Advisory Limited. You consider that MDF Advisory Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MDF Advisory Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lincoln Brown & Co Limited
Chartered Certified Accountants
Grenville House
4 Grenville Avenue
Broxbourne
Hertfordshire
EN10 7DH


13th August 2024

MDF Advisory Limited (Registered number: 11961737)

Abridged Balance Sheet
30th March 2024

30.3.24 30.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,635 20,484
Investments 5 53,343 5,003
60,978 25,487

CURRENT ASSETS
Debtors 41,164 206,586
Cash at bank 51,824 37,401
92,988 243,987
CREDITORS
Amounts falling due within one year 21,953 79,349
NET CURRENT ASSETS 71,035 164,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,013

190,125

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 131,913 190,025
132,013 190,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

MDF Advisory Limited (Registered number: 11961737)

Abridged Balance Sheet - continued
30th March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th August 2024 and were signed on its behalf by:





M D Fells - Director


MDF Advisory Limited (Registered number: 11961737)

Notes to the Financial Statements
for the Year Ended 30th March 2024

1. STATUTORY INFORMATION

MDF Advisory Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MDF Advisory Limited (Registered number: 11961737)

Notes to the Financial Statements - continued
for the Year Ended 30th March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 31st March 2023 31,865
Additions 1,310
Disposals (18,250 )
At 30th March 2024 14,925
DEPRECIATION
At 31st March 2023 11,381
Charge for year 1,909
Eliminated on disposal (6,000 )
At 30th March 2024 7,290
NET BOOK VALUE
At 30th March 2024 7,635
At 30th March 2023 20,484

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 31st March 2023 5,003
Additions 48,340
At 30th March 2024 53,343
NET BOOK VALUE
At 30th March 2024 53,343
At 30th March 2023 5,003

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors loan account was cleared by a dividend issued on the 9th April 2024.