M D Construction (Bradford) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03417335

M D CONSTRUCTION (BRADFORD) LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 November 2025

M D CONSTRUCTION (BRADFORD) LTD

FINANCIAL STATEMENTS

YEAR ENDED 30 NOVEMBER 2025

CONTENTS	PAGE

Statement of financial position	1

Notes to the financial statements	3

M D CONSTRUCTION (BRADFORD) LTD

STATEMENT OF FINANCIAL POSITION

30 November 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		677,101		317,818

CURRENT ASSETS

Stocks		1,023,436	1,023,436
Debtors	6	3,326,142	4,654,106
Cash at bank and in hand		1,371,558	106,782
		-------------	-------------
		5,721,136	5,784,324

CREDITORS: amounts falling due within one year	7	1,412,446		1,642,827
		-------------		-------------
NET CURRENT ASSETS			4,308,690		4,141,497
			-------------		-------------
TOTAL ASSETS LESS CURRENT LIABILITIES			4,985,791		4,459,315

CREDITORS: amounts falling due after more than one year	8		15,428		86,673

PROVISIONS

Taxation including deferred tax	9	125,590	79,455
		-------------	-------------
NET ASSETS		4,844,773	4,293,187
		-------------	-------------

M D CONSTRUCTION (BRADFORD) LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 November 2025

	2025		2024
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	11	100	100
Profit and loss account		4,844,673	4,293,087
		-------------	-------------
SHAREHOLDERS FUNDS		4,844,773	4,293,187
		-------------	-------------

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 income and retained earnings has not been delivered.

For the year ending 30 November 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 20 August 2026 , and are signed on behalf of the board by:

K J Dunbar

Director

Company registration number: 03417335

M D CONSTRUCTION (BRADFORD) LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 NOVEMBER 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 73 Westgate Hill Street, Bradford, West Yorkshire, 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.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

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:

Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	20% reducing balance
Motor vehicles	-	25% reducing balance
Office Equipment	-	Over 3 years

Stock and work in progress

Stocks of properties are valued at the lower of cost and net realisable value. 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.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 22 (2024: 27 ).

5. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Motor vehicles	Office equipment	Total
	£	£	£	£	£
Cost
At 1 December 2024	673,328	27,388	274,940	51,592	1,027,248
Additions	222,000	–	213,088	4,310	439,398
Disposals	( 25,000)	–	( 14,798)	–	( 39,798)
	----------	---------	----------	---------	-------------
At 30 November 2025	870,328	27,388	473,230	55,902	1,426,848
	----------	---------	----------	---------	-------------
Depreciation
At 1 December 2024	458,839	25,741	174,544	50,306	709,430
Charge for the year	44,988	330	24,867	949	71,134
Disposals	( 16,945)	–	( 13,872)	–	( 30,817)
	----------	---------	----------	---------	-------------
At 30 November 2025	486,882	26,071	185,539	51,255	749,747
	----------	---------	----------	---------	-------------
Carrying amount
At 30 November 2025	383,446	1,317	287,691	4,647	677,101
	----------	---------	----------	---------	-------------
At 30 November 2024	214,489	1,647	100,396	1,286	317,818
	----------	---------	----------	---------	-------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30 November 2025	18,586
	---------
At 30 November 2024	24,781
	---------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	987,622	2,555,559
Amounts owed by undertakings in which the company has a participating interest	2,190,204	1,974,995
Prepayments and accrued income	33,887	35,587
Provision for ongoing contracts	114,429	87,965
	-------------	-------------
	3,326,142	4,654,106
	-------------	-------------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loan	47,548	47,548
Trade creditors	1,054,632	1,124,184
Accruals and deferred income	113,980	152,853
Corporation tax	127,086	167,151
Social security and other taxes	29,195	43,084
Obligations under finance leases and hire purchase contracts	23,180	6,738
Director loan accounts	7,825	84,825
Other creditors	9,000	16,444
	-------------	-------------
	1,412,446	1,642,827
	-------------	-------------

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

	2025	2024
	£	£
Bank loan	37,548	37,548
Hire purchase agreements	23,180	6,738
	---------	---------
	60,728	44,286
	---------	---------

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

	2025	2024
	£	£
Bank loan	15,428	64,180
Obligations under finance leases and hire purchase contracts	–	22,493
	---------	---------
	15,428	86,673
	---------	---------

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

	2025	2024
	£	£
Bank Loan	15,428	54,180
Hire purchase agreement	Nil	22,493
	---------	---------
	15,428	76,673
	---------	---------

9. PROVISIONS

	Deferred tax (note 10)
	£
At 1 December 2024	79,455
Additions	46,135
	----------
At 30 November 2025	125,590
	----------

10. DEFERRED TAX

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 9)	125,590	79,455
	----------	---------

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

	2025	2024
	£	£
Accelerated capital allowances	125,590	79,455
	----------	---------

11. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors loan account was in credit throughout the year. The loan is repayable on demand and interest is charged at standard market rate.