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REGISTERED NUMBER: 08861560 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

M.D. (NE) Ltd

M.D. (NE) Ltd (Registered number: 08861560)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M.D. (NE) Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: D Armstrong





REGISTERED OFFICE: Riverside Lodge
Swordsmith Lane
Conseet
Durham
DH8 0LD





REGISTERED NUMBER: 08861560 (England and Wales)

M.D. (NE) Ltd (Registered number: 08861560)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 720 960

CURRENT ASSETS
Debtors 5 23,456 7,124
Cash at bank and in hand 173 3,823
23,629 10,947
CREDITORS
Amounts falling due within one year 6 23,192 11,393
NET CURRENT ASSETS/(LIABILITIES) 437 (446 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,157

514

PROVISIONS FOR LIABILITIES 319 182
NET ASSETS 838 332

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 834 328
838 332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

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

The financial statements were approved by the director and authorised for issue on 3 October 2024 and were signed by:




D Armstrong - Director


M.D. (NE) Ltd (Registered number: 08861560)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

M.D. (NE) Ltd 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.
Plant and machinery etc - 20% on cost

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 1,199
DEPRECIATION
At 1 February 2023 239
Charge for year 240
At 31 January 2024 479
NET BOOK VALUE
At 31 January 2024 720
At 31 January 2023 960

M.D. (NE) Ltd (Registered number: 08861560)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 23,456 7,124

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 8,784 8,966
Other creditors 14,408 2,427
23,192 11,393