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Company Registration No. 5101706 (England and Wales)
MP Consulting Europe Limited Unaudited accounts for the year ended 30 April 2024
MP Consulting Europe Limited Unaudited accounts Contents
Page
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MP Consulting Europe Limited Company Information for the year ended 30 April 2024
Director
Mr M W Pendell
Company Number
5101706 (England and Wales)
Registered Office
C/o Accountancy Managers Ltd 164 New Cavendish Street London W1W 6YT United Kingdom
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MP Consulting Europe Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,525 
1,525 
Current assets
Debtors
16,044 
33,810 
Cash at bank and in hand
1 
(9,433)
16,045 
24,377 
Creditors: amounts falling due within one year
(28,846)
(15,038)
Net current (liabilities)/assets
(12,801)
9,339 
Total assets less current liabilities
(8,276)
10,864 
Creditors: amounts falling due after more than one year
(4,814)
(7,067)
Net (liabilities)/assets
(13,090)
3,797 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(13,100)
3,787 
Shareholders' funds
(13,090)
3,797 
For the year ending 30 April 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 20 January 2025 and were signed on its behalf by
Mr M W Pendell Director Company Registration No. 5101706
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MP Consulting Europe Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
MP Consulting Europe Limited is a private company, limited by shares, registered in England and Wales, registration number 5101706. The registered office is C/o Accountancy Managers Ltd, 164 New Cavendish Street, London, W1W 6YT, United Kingdom.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing balance
Computer equipment
25% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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MP Consulting Europe Limited Notes to the Accounts for the year ended 30 April 2024
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
500 
6,905 
7,405 
Additions
2,000 
2,500 
4,500 
At 30 April 2024
2,500 
9,405 
11,905 
Depreciation
At 1 May 2023
100 
5,780 
5,880 
Charge for the year
500 
1,000 
1,500 
At 30 April 2024
600 
6,780 
7,380 
Net book value
At 30 April 2024
1,900 
2,625 
4,525 
At 30 April 2023
400 
1,125 
1,525 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
138 
Trade debtors
- 
20,181 
Other debtors
16,044 
13,491 
16,044 
33,810 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,220 
2,400 
Trade creditors
846 
846 
Taxes and social security
5,803 
2,744 
Other creditors
8,977 
9,048 
28,846 
15,038 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,814 
7,067 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
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MP Consulting Europe Limited Notes to the Accounts for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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