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COMPANY REGISTRATION NUMBER: 06620459

MD CONSTRUCTION (LEEDS) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 June 2025

MD CONSTRUCTION (LEEDS) LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2025

CONTENTS | PAGE

Statement of financial position | 1

Notes to the financial statements | 3

MD CONSTRUCTION (LEEDS) LIMITED

STATEMENT OF FINANCIAL POSITION

30 June 2025

| 2025 | 2024
Note | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 |  | 157,029 |  | 184,740
Investments | 5 |  | 3,570,000 |  | –
|  | ------------- |  | ----------
|  | 3,727,029 |  | 184,740

CURRENT ASSETS

Stocks | – |  | 301,135 |
Debtors | 6 | 2,807,161 |  | 2,143,883 |
Cash at bank and in hand | 118,191 |  | 374,370 |
| ------------- |  | ------------- |
| 2,925,352 |  | 2,819,388 |

CREDITORS: amounts falling due within one year | 7 | 143,953 |  | 222,766 |
| ------------- |  | ------------- |
NET CURRENT ASSETS |  | 2,781,399 |  | 2,596,622
|  | ------------- |  | -------------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 6,508,428 |  | 2,781,362

CREDITORS: amounts falling due after more than one year | 8 |  | 2,275,000 |  | 1,785,000

PROVISIONS

Taxation including deferred tax | 9 |  | 856,461 |  | 46,165
|  | ------------- |  | -------------
NET ASSETS |  | 3,376,967 |  | 950,197
|  | ------------- |  | -------------

MD CONSTRUCTION (LEEDS) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 June 2025

| 2025 | 2024
Note | £ | £ | £ | £

CAPITAL AND RESERVES

Called up share capital | 11 |  | 200 |  | 200
Revaluation reserve |  | 2,451,649 |  | –
Profit and loss account |  | 925,118 |  | 949,997
|  | ------------- |  | ----------
SHAREHOLDERS FUNDS |  | 3,376,967 |  | 950,197
|  | ------------- |  | ----------

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 30 June 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 .
These financial statements were approved by the board of directors and authorised for issue on 30 March 2026 , and are signed on behalf of the board by:

Mrs K Dunbar |
Director |

Company registration number: 06620459

MD CONSTRUCTION (LEEDS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 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 Westfield Farm, Westfield Hill, Bradford, BD4 0SL.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.
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.
Current and deferred 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 Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 15% reducing balance

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
4. TANGIBLE ASSETS

| Equipment | Total
| £ | £
Cost |  |
At 1 July 2024 and 30 June 2025 | 382,886 | 382,886
| ---------- | ----------
Depreciation |  |
At 1 July 2024 | 198,146 | 198,146
Charge for the year | 27,711 | 27,711
| ---------- | ----------
At 30 June 2025 | 225,857 | 225,857
| ---------- | ----------
Carrying amount |  |
At 30 June 2025 | 157,029 | 157,029
| ---------- | ----------
At 30 June 2024 | 184,740 | 184,740
| ---------- | ----------

5. INVESTMENTS

| Investment properties
| £
Cost |
At 1 July 2024 | –
Additions | 301,135
Revaluations | 3,268,865
| -------------
At 30 June 2025 | 3,570,000
| -------------
Impairment |
At 1 July 2024 and 30 June 2025 | –
| -------------

Carrying amount |
At 30 June 2025 | 3,570,000
| -------------
At 30 June 2024 | –
| -------------

The investment properties were valued by the directors on the 30 June 2025 at £3,570,000.
Investments held at valuation
In respect of investments held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Investment properties
| £
At 30 June 2025 |
Aggregate cost | 301,135
Aggregate depreciation | –
| ----------
Carrying value | 301,135
| ----------

At 30 June 2024 |
Aggregate cost | –
Aggregate depreciation | –
| ----
Carrying value | –
| ----

6. DEBTORS

| 2025 | 2024
| £ | £
Trade debtors | 50,369 | 28,782
Amounts owed by undertakings in which the company has a participating interest | 2,231,444 | 1,843,495
Prepayments and accrued income | 8,315 | 7,825
Corporation tax repayable | 1,363 | –
Directors loan account | 251,889 | –
Other debtors | 263,781 | 263,781
| ------------- | -------------
| 2,807,161 | 2,143,883
| ------------- | -------------

7. CREDITORS: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 10,000 | 10,000
Trade creditors | 61,098 | 69,248
Amounts owed to undertakings in which the company has a participating interest | 11,372 | 11,372
Accruals and deferred income | 24,562 | 24,610
Corporation tax | – | 69,468
Social security and other taxes | 16,684 | 3,005
Director loan accounts | – | 16,301
Other creditors | 20,237 | 18,762
| ---------- | ----------
| 143,953 | 222,766
| ---------- | ----------

8. CREDITORS: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 2,275,000 | 1,785,000
| ------------- | -------------

The following liabilities disclosed under creditors falling due after more than one year are secured by the company:

|  | 2025 | 2024
|  | £ | £
| Bank loans | 2,270,833 | 1,770,833
|  | ------------- | -------------

9. PROVISIONS

| Deferred tax (note 10)
| £
At 1 July 2024 | 46,165
Additions | 817,216
Charge against provision | ( 6,920)
| ----------
At 30 June 2025 | 856,461
| ----------

10. DEFERRED TAX
The deferred tax included in the statement of financial position is as follows:

| 2025 | 2024
| £ | £
Included in provisions (note 9) | 856,461 | 46,165
| ---------- | ---------

The deferred tax account consists of the tax effect of timing differences in respect of:

| 2025 | 2024
| £ | £
Accelerated capital allowances | 39,245 | 46,165
Revaluation of tangible assets | 817,216 | –
| ---------- | ---------
| 856,461 | 46,165
| ---------- | ---------

11. CALLED UP SHARE CAPITAL
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 200 | 200 | 200 | 200
| ---- | ---- | ---- | ----

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
The directors loan account was overdrawn at the year end by £251,889. This was the maximum amount outstanding during the year and has been repaid since the year end.