Management Development Group Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14236146

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		25,027		18,974

			25,027		18,974
CURRENT ASSETS
Stocks	5	1,928		1,766
Debtors	6	53,091		3,944
Cash at bank and in hand		11,083		67,048

		66,102		72,758
Creditors: Amounts Falling Due Within One Year	7	(16,770 )		(23,836 )

NET CURRENT ASSETS (LIABILITIES)			49,332		48,922

TOTAL ASSETS LESS CURRENT LIABILITIES			74,359		67,896

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,638 )		(3,488 )

NET ASSETS			69,721		64,408

CAPITAL AND RESERVES
Called up share capital	8		10		10
Profit and Loss Account			69,711		64,398

SHAREHOLDERS' FUNDS			69,721		64,408

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Management Development Group Ltd

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr M D Groom

Director

30 April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Management Development Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14236146 . The registered office is 7 West Bank, Scarborough, YO12 4DX.

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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	15% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	33% on straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Management Development Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 March 2025	3,498	25,750	107	29,355
Additions	12,005	-	539	12,544

As at 28 February 2026	15,503	25,750	646	41,899

Depreciation
As at 1 March 2025	973	9,373	35	10,381
Provided during the period	2,182	4,094	215	6,491

As at 28 February 2026	3,155	13,467	250	16,872

Net Book Value
As at 28 February 2026	12,348	12,283	396	25,027

As at 1 March 2025	2,525	16,377	72	18,974

5. Stocks

	2026	2025
	£	£
Work in progress	1,928	1,766

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	53,091	3,944

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	8,061	6,020
Taxation and social security	8,709	17,816

	16,770	23,836

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Management Development Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10	10

9. Related Party Transactions

During the year, the company loaned monies to MDG Property Ventures Ltd, of which Mr M D Groom is a director and shareholder. The amount outstanding at the year end date was £53,091 (2025: £2,905). The loan is interest free and repayable on demand.

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