MDG Enterprises (Holdings) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14677663

MDG Enterprises (Holdings) Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

MDG Enterprises (Holdings) Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	405,000	–
Investments	5	100	100
		---------	----
		405,100	100

Current assets

Debtors	6	551,976	–
Cash at bank and in hand		53,122	100,702
		---------	---------
		605,098	100,702

Creditors: amounts falling due within one year	7	508,197	50,619
		---------	---------
Net current assets		96,901	50,083
		---------	--------
Total assets less current liabilities		502,001	50,183
		---------	--------
Net assets		502,001	50,183
		---------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	501,901	50,083
	---------	--------
Shareholders funds	502,001	50,183
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MDG Enterprises (Holdings) Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 4 December 2025 , and are signed on behalf of the board by:

M Gray

Director

Company registration number: 14677663

MDG Enterprises (Holdings) Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, 38 Tyndall Court, Commerce Road, Lynch Wood, Peterborough, PE2 6LR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Income from fixed asset investments is recognised on a receipts basis.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Freehold property
	£
Cost
At 1 April 2024	–
Additions	405,000
	---------
At 31 March 2025	405,000
	---------
Depreciation
At 1 April 2024 and 31 March 2025	–
	---------
Carrying amount
At 31 March 2025	405,000
	---------
At 31 March 2024	–
	---------

5. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	100
	----
Impairment
At 1 April 2024 and 31 March 2025	–
	----

Carrying amount
At 31 March 2025	100
	----
At 31 March 2024	100
	----

6. Debtors

	2025	2024
	£	£
Trade debtors	1,153	–
Amounts owed by group undertakings and undertakings in which the company has a participating interest	550,000	–
Other debtors	823	–
	---------	----
	551,976	–
	---------	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,452	–
Social security and other taxes	862	19
Other creditors	505,883	50,600
	---------	--------
	508,197	50,619
	---------	--------