1 July 2023 false No description of principal activity Taxfiler 2024.5 SC711763business:PrivateLimitedCompanyLtd2023-07-012024-06-30 SC7117632023-06-30 SC7117632023-07-012024-06-30 SC711763business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 SC711763business:FilletedAccounts2023-07-012024-06-30 SC7117632024-06-30 SC711763business:Director12023-07-012024-06-30 SC711763business:RegisteredOffice2023-07-012024-06-30 SC7117632023-06-30 SC711763core:WithinOneYear2024-06-30 SC711763core:WithinOneYear2023-06-30 SC711763core:AfterOneYear2024-06-30 SC711763core:AfterOneYear2023-06-30 SC711763core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 SC711763core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 SC711763core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 SC711763core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 SC711763core:PreviouslyStatedAmount2024-06-30 SC711763core:PreviouslyStatedAmount2023-06-30 SC711763business:SmallEntities2023-07-012024-06-30 SC711763countries:Scotland2023-07-012024-06-30 SC711763core:ComputerEquipment2023-07-012024-06-30 SC711763core:ComputerEquipment2023-06-30 SC711763core:ComputerEquipment2024-06-30 SC7117632022-11-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC711763 (Scotland)
MD INVESTMENTS (FIFE) LTD Unaudited accounts for the year ended 30 June 2024
MD INVESTMENTS (FIFE) LTD Unaudited accounts Contents
Page
- 2 -
MD INVESTMENTS (FIFE) LTD Company Information for the year ended 30 June 2024
Director
Michael Hadden
Company Number
SC711763 (Scotland)
Registered Office
3 CASTLE COURT CARNEGIE CAMPUS DUNFERMLINE KY11 8PB SCOTLAND
- 3 -
MD INVESTMENTS (FIFE) LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
725 
967 
Current assets
Cash at bank and in hand
3,959 
37,925 
Creditors: amounts falling due within one year
(17,568)
(6,504)
Net current (liabilities)/assets
(13,609)
31,421 
Total assets less current liabilities
(12,884)
32,388 
Creditors: amounts falling due after more than one year
(10,781)
(18,000)
Net (liabilities)/assets
(23,665)
14,388 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(23,765)
14,288 
Shareholders' funds
(23,665)
14,388 
For the year ending 30 June 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2024 and were signed on its behalf by
Michael Hadden Director Company Registration No. SC711763
- 4 -
MD INVESTMENTS (FIFE) LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
MD INVESTMENTS (FIFE) LTD is a private company, limited by shares, registered in Scotland, registration number SC711763. The registered office is 3 CASTLE COURT, CARNEGIE CAMPUS, DUNFERMLINE, KY11 8PB, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20&
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,209 
At 30 June 2024
1,209 
Depreciation
At 1 July 2023
242 
Charge for the year
242 
At 30 June 2024
484 
Net book value
At 30 June 2024
725 
At 30 June 2023
967 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,386 
16,504 
Trade creditors
14,182 
- 
Loans from directors
- 
(10,000)
17,568 
6,504 
- 5 -
MD INVESTMENTS (FIFE) LTD Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
5,000 
18,000 
Taxes and social security
5,781 
- 
10,781 
18,000 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -