1 June 2023 false No description of principal activity Taxfiler 2024.6 14131299business:PrivateLimitedCompanyLtd2023-06-012024-05-31 141312992023-05-31 141312992023-06-012024-05-31 14131299business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 14131299business:FilletedAccounts2023-06-012024-05-31 141312992024-05-31 14131299business:Director12023-06-012024-05-31 14131299business:RegisteredOffice2023-06-012024-05-31 141312992023-05-31 14131299core:WithinOneYear2024-05-31 14131299core:WithinOneYear2023-05-31 14131299core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14131299core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14131299core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14131299core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14131299core:PreviouslyStatedAmount2024-05-31 14131299core:PreviouslyStatedAmount2023-05-31 14131299business:SmallEntities2023-06-012024-05-31 14131299countries:EnglandWales2023-06-012024-05-31 14131299core:ComputerEquipment2023-06-012024-05-31 14131299core:ComputerEquipment2023-05-31 14131299core:ComputerEquipment2024-05-31 14131299core:AfterOneYear2024-05-31 14131299core:AfterOneYear2023-05-31 141312992022-05-252023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14131299 (England and Wales)
MFD REAL ESTATE LTD Unaudited accounts for the year ended 31 May 2024
MFD REAL ESTATE LTD Unaudited accounts Contents
Page
- 2 -
MFD REAL ESTATE LTD Company Information for the year ended 31 May 2024
Director
Michaela Dakin
Company Number
14131299 (England and Wales)
Registered Office
10 ABBOTSWOOD ROAD LONDON SW16 1AP ENGLAND
- 3 -
MFD REAL ESTATE LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,408 
- 
Current assets
Debtors
2,452 
9,563 
Cash at bank and in hand
19,022 
39,773 
21,474 
49,336 
Creditors: amounts falling due within one year
(22,710)
(20,520)
Net current (liabilities)/assets
(1,236)
28,816 
Net assets
172 
28,816 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
171 
28,815 
Shareholders' funds
172 
28,816 
For the year ending 31 May 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 her 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 22 November 2024 and were signed on its behalf by
Michaela Dakin Director Company Registration No. 14131299
- 4 -
MFD REAL ESTATE LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MFD REAL ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 14131299. The registered office is 10 ABBOTSWOOD ROAD, LONDON, SW16 1AP, ENGLAND.
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
4 year straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
- 
Additions
1,877 
At 31 May 2024
1,877 
Depreciation
Charge for the year
469 
At 31 May 2024
469 
Net book value
At 31 May 2024
1,408 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
- 
9,563 
Other debtors
2,452 
- 
2,452 
9,563 
- 5 -
MFD REAL ESTATE LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,568 
- 
Taxes and social security
18,142 
19,908 
Loans from directors
- 
612 
22,710 
20,520 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -