MD ENTERPRISE BUILDING LTD - Filleted accounts

Registered number

08949735

MD ENTERPRISE BUILDING LTD

Filleted Accounts

30 March 2025

MD ENTERPRISE BUILDING LTD
Registered number:		08949735
Balance Sheet
as at 30 March 2025

Notes			2025			2024

£				£
Fixed assets
Tangible assets	3		2,340,000			2,005,000

Current assets
Debtors	4	32,108			25,048
Cash at bank and in hand		15,280			13,590
		47,388			38,638

Creditors: amounts falling due within one year	5	(760,671)			(503,739)

Net current liabilities			(713,283)			(465,101)

Total assets less current liabilities			1,626,717			1,539,899

Creditors: amounts falling due after more than one year	6		(275,083)			(289,959)

Provisions for liabilities			(139,839)			(112,304)


Net assets			1,211,795			1,137,636

Capital and reserves
Called up share capital			2			2
Revaluation reserve	8		419,518			336,911
Profit and loss account			792,275			800,723

Shareholders' funds			1,211,795			1,137,636

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 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 Salamat
Director
Approved by the board on 29 December 2025

MD ENTERPRISE BUILDING LTD
Notes to the Accounts
for the year ended 30 March 2025


1	Accounting policies

	Basis of preparation
	MD Enterprise Building Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Enterprise House, Broadfield Court, Sheffield, S8 0XF. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

	Turnover
	Turnover consists of rental income for the year and is accounted for in the period for which the rent is payable.

	Investment properties
	Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

	Debtors and creditors receivable/payable within one year
	Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

	Loans and borrowings
	Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

	Taxation
	Current tax represents the amount of tax payable or receivable in respect of the taxable profit or loss for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	2		2


3	Tangible fixed assets
				Investment Properties
£
	Cost or valuation
	At 31 March 2024			2,005,000
	Additions			224,858
	Deficit on revaluation			110,142
	At 30 March 2025			2,340,000

	Depreciation
	At 30 March 2025			-

	Net book value
	At 30 March 2025			2,340,000
	At 30 March 2024			2,005,000

	The investment properties were valued on an open market basis by a director of the company. The historic cost of the properties is £1,780,643 (2024 - £1,555,785).


4	Debtors	2025		2024
£			£

	Rental income receivable	2,763		2,763
	Other taxation	9,345		2,285
	Other debtors	20,000		20,000
		32,108		25,048


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

	Bank loans and overdrafts	14,947		15,954
	Other loans	207,500		60,000
	Trade creditors	11,274		1,905
	Taxation and social security costs	-		7,891
	Directors' loan account	520,555		407,901
	Deferred income	625		1,875
	Other creditors and accruals	5,770		8,213
		760,671		503,739


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

	Bank loans	275,083		289,959


7	Loans	2025		2024
£			£
	Creditors include:
	Instalments falling due for payment after more than five years	79,671		82,642


	Secured bank loans	281,968		291,123

	The bank loans are secured by way of legal mortgage on the investment properties.


8	Revaluation reserve	2025		2024
£			£

	At 31 March 2024	336,911		369,213
	Gain/(loss) on revaluation of land and buildings	110,142		(6,604)
	Deferred taxation arising on the revaluation of land and buildings	(27,535)		(25,698)

	At 30 March 2025	419,518		336,911


9	Other information

	MD ENTERPRISE BUILDING LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Enterprise House
	Broadfield Court
	Sheffield
	S8 0XF