Company Registration No. 11844348 (England and Wales)
MPD CAR SALES LIMITED
Unaudited accounts
for the year ended 28 February 2026
MPD CAR SALES LIMITED
Unaudited accounts
Contents
MPD CAR SALES LIMITED
Company Information
for the year ended 28 February 2026
Company Number
11844348 (England and Wales)
Registered Office
17 SHELLBARK
HOUGHTON LE SPRING
DH4 7TD
UNITED KINGDOM
Accountants
FIND TOTALS LTD
Office 117, Regus
The Axis Building, Maingate
Gateshead
Newcastle
NE11 0NQ
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of MPD CAR SALES LIMITED for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
MPD CAR SALES LIMITED for the year ended
28 February 2026 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of MPD CAR SALES LIMITED, as a body, in accordance with the terms of our engagement letter dated 1 March 2020. Our work has been undertaken solely to prepare for your approval the accounts of MPD CAR SALES LIMITED and state those matters that we have agreed to state to the Board of Directors of MPD CAR SALES LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MPD CAR SALES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MPD CAR SALES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of MPD CAR SALES LIMITED. You consider that MPD CAR SALES LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MPD CAR SALES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
FIND TOTALS LTD
Chartered Accountants
Office 117, Regus
The Axis Building, Maingate
Gateshead
Newcastle
NE11 0NQ
14 October 2026
MPD CAR SALES LIMITED
Statement of financial position
as at 28 February 2026
Tangible assets
3,038
1,981
Cash at bank and in hand
7,314
8,460
Creditors: amounts falling due within one year
12,708
11,910
Net current assets
34,522
35,670
Total assets less current liabilities
37,560
37,651
Creditors: amounts falling due after more than one year
2,583
33,377
Called up share capital
1
1
Profit and loss account
40,142
71,027
Shareholders' funds
40,143
71,028
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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 October 2026 and were signed on its behalf by
DAVIES, Mark
Director
Company Registration No. 11844348
MPD CAR SALES LIMITED
Notes to the Accounts
for the year ended 28 February 2026
MPD CAR SALES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11844348. The registered office is 17 SHELLBARK, HOUGHTON LE SPRING, DH4 7TD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
MPD CAR SALES LIMITED
Notes to the Accounts
for the year ended 28 February 2026
4
Tangible fixed assets
Computer equipment
Finished goods
14,500
15,300
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
10,422
10,422
Loans from directors
(18,803)
(18,219)
7
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
(2,583)
(16,520)
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).