| Registered number: 14597661 | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| Prepared By: | ||||||||
| Harvey Guinan LLP | ||||||||
| Chartered Certified Accountants | ||||||||
| Unit 17 Mersey House | ||||||||
| Matchworks Estate, 140 Speke Road | ||||||||
| Liverpool | ||||||||
| Merseyside | ||||||||
| L19 2PH | ||||||||
| MDR Interiors Group Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Merseyside | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 14597661 | ||||||||
| ACCOUNTANTS | ||||||||
| Harvey Guinan LLP | ||||||||
| Chartered Certified Accountants | ||||||||
| Unit 17 Mersey House | ||||||||
| Matchworks Estate, 140 Speke Road | ||||||||
| Liverpool | ||||||||
| Merseyside | ||||||||
| L19 2PH | ||||||||
| MDR Interiors Group Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/12/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| MDR Interiors Group Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Investment Assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| 300 | 300 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT LIABILITIES | ( | (4,623,705) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 6 | |||||||||
| Profit and loss account | 2,624,005 | - | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| MDR Interiors Group Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting FRS 1021 a | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The company is a small company and a member of a small group and as such has not prepared consolidated financial statements. | ||||||||
| The directors believe that the group is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements. | ||||||||
| 1b. Investments | ||||||||
| Fixed asset investments are shown at cost less amounts written off. Investments in the subsidiary undertaking are held at cost less amount written off to reflect the net asset value on acquisition. | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | - | |||||
| MDR Interiors Group Limited | ||||||||
| 3. FINANCIAL ASSETS | |||||||||
| Shares in group companies | |||||||||
| and participating interests | Total | ||||||||
| £ | £ | ||||||||
| Cost | |||||||||
| At 01/01/2024 | 15,075,000 | 15,075,000 | |||||||
| At 31/12/2024 | 15,075,000 | 15,075,000 | |||||||
| Amortisation | |||||||||
| At 01/01/2024 | 10,450,995 | 10,450,995 | |||||||
| At 31/12/2024 | 10,450,995 | 10,450,995 | |||||||
| Net Book Amounts | |||||||||
| At 31/12/2024 | 4,624,005 | 4,624,005 | |||||||
| At 31/12/2023 | 4,624,005 | 4,624,005 | |||||||
| 4. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Other debtors | 300 | 300 | ||||||
| 300 | 300 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Other creditors | 2,000,000 | 4,624,005 | ||||||
| 2,000,000 | 4,624,005 | |||||||
| MDR Interiors Group Limited | ||||||||
| 6. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||
| 300 | 300 | |||||||
| New shares issued during period: | ||||||||
| | 100 | |||||||
| | 100 | |||||||
| | 100 | |||||||
| - | 300 | |||||||
| 7. GENERAL INFORMATION | ||||||||
| The company is incorporated in England, company number 14597661. Its registered office address is Unit 7 Compass East, Blenheim Way, Liverpool L24 1YH. The functional currency of the company is the pound sterling. The company is a private company limited by shares. MDR Interiors Group Limited acquired the entire share capital of MDR Interiors Limited (registered company number 4753738) 2 February 2023. The activity of the subsidiary undertaiking is project management, on site construction, manufactured joinery and after sales services. | ||||||||