Registered number
07238981
MSD Martial Arts Limited
Filleted Accounts
31 March 2024
MSD Martial Arts Limited Registered number
Balance Sheet 07238981
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 32 43
Creditors: amounts falling due within one year 4 (24,082) (23,665)
Net current liabilities (24,082) (23,665)
Net liabilities (24,050) (23,622)
Capital and reserves
Called up share capital 2 2
Profit and loss account (24,052) (23,624)
Shareholders' funds (24,050) (23,622)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Donald
Director
Approved by the board on 23 June 2025
MSD Martial Arts Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard.
Accounting records
The company is unable to access certain bank records for the year and details have therefore been calculated from available information. The company's bank and loan account are however largely inactive.
Going concern basis
The company had net liabilities at the balance sheet date, it did not generate any turnover during the year and plans for the future are uncertain. Given the relatively straightforward nature of the company's business, however, the director does not consider that it would be meaningful to prepare the accounts on a break-up basis and the going concern basis has therefore been applied.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation has been provided at the following rate to write off the cost of the assets over their estimated useful lives:
Equipment - 25% p.a. on the reducing balance basis
2 Employees 2024 2023
Number Number
Average number of employees and company officers 1 1
3 Tangible fixed assets
Equipment
£
Cost
At 1 April 2023 1,362
At 31 March 2024 1,362
Depreciation
At 1 April 2023 1,319
Charge for the year 11
At 31 March 2024 1,330
Net book value
At 31 March 2024 32
At 31 March 2023 43
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loan and overdraft 3,564 3,474
Expense creditors 2,688 3,071
Taxation 156 156
Other creditors 17,674 16,964
24,082 23,665
5 Controlling parties
At 31 March 2024 the company was controlled by M Donald and T Donald, who between them owned the company's entire issued share capital.
6 Other information
MSD Martial Arts Limited is a private company limited by shares and incorporated in England. Its registered office is 1 Britten Close, Langdon Hills, Basildon, Essex SS16 6TB.
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