M.D.A Interiors Ltd - Filleted accounts

M.D.A Interiors Ltd
Registered number:		07040086
Statement of Financial Position
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		15,997			21,329

Current assets
Debtors	4	89,196			80,460
Cash at bank and in hand		145,012			140,859
		234,208			221,319

Creditors: amounts falling due within one year	5	(81,307)			(98,988)

Net current assets			152,901			122,331

Total assets less current liabilities			168,898			143,660

Creditors: amounts falling due after more than one year	6		(2,540)			(7,480)

Provisions for liabilities			(3,754)			(4,820)


Net assets			162,604			131,360

Capital and reserves
Called up share capital			100			100
Profit and loss account			162,504			131,260

Shareholders' funds			162,604			131,360

The directors are 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 directors acknowledge their 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 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.




Mr A Carr
Director
Approved by the board on 21 October 2025

M.D.A Interiors Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.



2	Employees and directors		2025		2024
Number				Number

	Average number of directors and persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				45,496
	At 31 March 2025				45,496

	Depreciation
	At 1 April 2024				24,167
	Charge for the year				5,332
	At 31 March 2025				29,499

	Net book value
	At 31 March 2025				15,997
	At 31 March 2024				21,329




4	Debtors		2025		2024
£				£

	Trade debtors		43,387		12,157
	Prepayments		-		464
	Other debtors		45,809		67,839
			89,196		80,460


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		4,936		4,659
	Trade creditors		5,300		99
	Accruals		2,049		2,073
	Corporation tax		29,088		34,132
	Other creditors		39,934		58,025
			81,307		98,988


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		2,540		7,480


7	Other information

	M.D.A Interiors Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	269 Farnborough Road
	Farnborough
	Hampshire
	GU14 7LY