MDWORLDWIDE LTD - Accounts

MDWORLDWIDE LTD
Contents Page
For the Period 13 January 2025 to 31 January 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

MDWORLDWIDE LTD
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £
Fixed assets
Intangible fixed assets	3	332
Tangible fixed assets	4	820
		1,152
Current assets
Stocks		2,266
Debtors		1,013
Cash at bank and in hand		756
		4,035
Net current assets		4,035

Total assets less current liabilities		5,187
Creditors: amount falling due after more than one year		(5,098)
Net assets		89

Capital and reserves
Called up share capital		50
Profit and loss account		39
Shareholders' funds		89

For the period ended 31 January 2026 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 accounts for the period in question in accordance with section 476.
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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 12 October 2026 and were signed on its behalf by:

-------------------------------
Ahtisham Ali SHAH
Director

1

MDWORLDWIDE LTD
Notes to the Abridged Financial Statements
For the Period 13 January 2025 to 31 January 2026

General Information

MDWORLDWIDE LTD is a private company, limited by shares, registered in , registration number 16178692, registration address 292a Lodge Avenue, , Dagenham, England, , RM8 2HF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Group accounts

The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	18% Straight Line
Computer Equipment	18% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 2.

3.

Intangible fixed assets

Cost	Other	Trade Mark	Total
	£	£	£
At 13 January 2025	195	170	365
Additions	-	-	-
Disposals	-	-	-
At 31 January 2026	195	170	365
Amortisation
At 13 January 2025	-	-	-
Charge for period	15	18	33
On disposals	-	-	-
At 31 January 2026	15	18	33
Net book values
At 31 January 2026	180	152	332
At 12 January 2025	195	170	365

4.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 13 January 2025	350	650	1,000
Additions	-	-	-
Disposals	-	-	-
At 31 January 2026	350	650	1,000
Depreciation
At 13 January 2025	-	-	-
Charge for period	63	117	180
On disposals	-	-	-
At 31 January 2026	63	117	180
Net book values
Closing balance as at 31 January 2026	287	533	820
Opening balance as at 13 January 2025	350	650	1,000

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