Company Registration No. 12052365 (England and Wales)
M D PROPERTY GROUP LIMITED
Unaudited accounts
for the year ended 30 June 2024
M D PROPERTY GROUP LIMITED
Unaudited accounts
Contents
M D PROPERTY GROUP LIMITED
Company Information
for the year ended 30 June 2024
Directors
Deepak Singh NAGI
Mandeep Singh NAGI
Parminder Singh NAGI
Company Number
12052365 (England and Wales)
Registered Office
90 HARLAXTON DRIVE
LENTON
NOTTINGHAM
NG7 1JB
ENGLAND
M D PROPERTY GROUP LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
83,532
83,629
Cash at bank and in hand
23,908
21,211
Creditors: amounts falling due within one year
(866)
(1,084)
Net current assets
23,042
20,127
Total assets less current liabilities
106,574
103,756
Creditors: amounts falling due after more than one year
(104,879)
(104,598)
Net assets/(liabilities)
1,695
(842)
Called up share capital
30
30
Profit and loss account
1,665
(872)
Shareholders' funds
1,695
(842)
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 directors acknowledge their 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 of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
Mandeep Singh NAGI
Director
Company Registration No. 12052365
M D PROPERTY GROUP LIMITED
Notes to the Accounts
for the year ended 30 June 2024
M D PROPERTY GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12052365. The registered office is 90 HARLAXTON DRIVE, LENTON, NOTTINGHAM, NG7 1JB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
83,275
548
83,823
At 30 June 2024
83,275
548
83,823
Charge for the year
-
97
97
At 30 June 2024
83,275
257
83,532
At 30 June 2023
83,275
354
83,629
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
566
388
M D PROPERTY GROUP LIMITED
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
47,730
47,451
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).