Company registration number 11264892 (England and Wales)
MDA PLUMBING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
MDA PLUMBING LIMITED
COMPANY INFORMATION
Director
M D Anderson
Company number
11264892
Registered office
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
Accountants
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
MDA PLUMBING LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
MDA PLUMBING LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MDA PLUMBING LIMITED FOR THE YEAR ENDED 31 MARCH 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MDA Plumbing Limited for the year ended 31 March 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of MDA Plumbing Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of MDA Plumbing Limited and state those matters that we have agreed to state to the board of directors of MDA Plumbing Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MDA Plumbing Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that MDA Plumbing Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that MDA Plumbing 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 MDA Plumbing 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.
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
18 October 2024
MDA PLUMBING LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
2,661
4,690
Current assets
37,737
43,040
Prepayments and accrued income
965
275
Creditors: amounts falling due within one year
(25,144)
(22,413)
Net current assets
13,558
20,902
Total assets less current liabilities
16,219
25,592
Creditors: amounts falling due after more than one year
(20,595)
(25,990)
Accruals and deferred income
(3,516)
(3,576)
Net liabilities
(7,892)
(3,974)
Capital and reserves
(7,892)
(3,974)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
1
2
Going concern
At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The validity of this assumption is dependent on the director not requiring the withdrawal of his monies owed to him until sufficient funds are available.
If the company were unable to trade, adjustments would have to be made to reduce the value of the assets to their recoverable amount, to provide for any further liabilities that may arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.
3
Director's benefits: advances, credit and guarantees
Directors of the company
At the balance sheet date amounts owed to the company by the directors amounted to £23,990 (2023 - £31,168).
MDA PLUMBING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 3 -
MDA Plumbing Limited is a private company limited by shares incorporated in England and Wales.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 17 October 2024
M D Anderson
Director
Company registration number 11264892 (England and Wales)