Mdap Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10413353

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		32,465		40,580

			32,465		40,580
CURRENT ASSETS
Debtors	5	12,493		66,083
Cash at bank and in hand		162,339		49,999

		174,832		116,082
Creditors: Amounts Falling Due Within One Year	6	(36,287 )		(18,470 )

NET CURRENT ASSETS (LIABILITIES)			138,545		97,612

TOTAL ASSETS LESS CURRENT LIABILITIES			171,010		138,192

Creditors: Amounts Falling Due After More Than One Year	7		(23,899 )		(30,417 )

NET ASSETS			147,111		107,775

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			147,011		107,675

SHAREHOLDERS' FUNDS			147,111		107,775

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Mdap Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Amit Pankhania

Director

08/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mdap Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10413353 . The registered office is 4 Station Avenue, Tile Hill, Coventry, CV4 9HS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25%/20% on cost
Motor Vehicles	25%/20% on cost
Fixtures & Fittings	25%/20% on cost
Computer Equipment	25%/20% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	46,462

As at 31 March 2025	46,462

...CONTINUED

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Mdap Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	5,882
Provided during the period	8,115

As at 31 March 2025	13,997

Net Book Value
As at 31 March 2025	32,465

As at 1 April 2024	40,580

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	12,493	66,083

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	2,208	2,240
Taxation and social security	34,079	16,230

	36,287	18,470

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	23,899	30,417

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	23,899	30,417

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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