MD Private Equity Limited - Accounts to registrar (filleted) - small 18.2

MD Private Equity Limited - Accounts to registrar (filleted) - small 18.2

AMMO PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 08298041 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1ST NOVEMBER 2017 TO 31ST MARCH 2019

FOR

MD PRIVATE EQUITY LIMITED
MD PRIVATE EQUITY LIMITED (REGISTERED NUMBER: 08298041)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2017 TO 31ST MARCH 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MD PRIVATE EQUITY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST NOVEMBER 2017 TO 31ST MARCH 2019







DIRECTOR: M J Hall





REGISTERED OFFICE: The Old Drill Hall
10 Arnot Hill Road
Arnold
NOTTINGHAM
Nottinghamshire
NG5 6LJ





REGISTERED NUMBER: 08298041 (England and Wales)





ACCOUNTANTS: Atkinson Evans Limited
Chartered Certified Accountants
The Old Drill Hall
10 Arnot Hill Road
Arnold
Nottingham
Nottinghamshire
NG5 6LJ
Page 1
MD PRIVATE EQUITY LIMITED (REGISTERED NUMBER: 08298041)

ABRIDGED BALANCE SHEET
31ST MARCH 2019

2019 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 19,171 24,365
Investments 4 42,879 1,004
Investment property 5 1,886,455 1,886,455
1,948,505 1,911,824

CURRENT ASSETS
Debtors 661,884 368,414
Cash at bank 661,762 627,574
1,323,646 995,988
CREDITORS
Amounts falling due within one year 26,271 229,409
NET CURRENT ASSETS 1,297,375 766,579
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,245,880
2,678,403

CAPITAL AND RESERVES
Called up share capital 1,004 1,006
Capital redemption reserve 1,004 1,002
Retained earnings 3,243,872 2,676,395
SHAREHOLDERS' FUNDS 3,245,880 2,678,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
MD PRIVATE EQUITY LIMITED (REGISTERED NUMBER: 08298041)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31st March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 17th June 2019 and were signed by:





M J Hall - Director


The notes form part of these financial statements

Page 3
MD PRIVATE EQUITY LIMITED (REGISTERED NUMBER: 08298041)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2017 TO 31ST MARCH 2019

1. STATUTORY INFORMATION

MD Private Equity Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rental income receivable from investment properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is stated at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 4 continued...
MD PRIVATE EQUITY LIMITED (REGISTERED NUMBER: 08298041)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST NOVEMBER 2017 TO 31ST MARCH 2019

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st November 2017 40,201
Additions 1,327
At 31st March 2019 41,528
DEPRECIATION
At 1st November 2017 15,836
Charge for period 6,521
At 31st March 2019 22,357
NET BOOK VALUE
At 31st March 2019 19,171
At 31st October 2017 24,365

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st November 2017 1,004
Additions 41,875
At 31st March 2019 42,879
NET BOOK VALUE
At 31st March 2019 42,879
At 31st October 2017 1,004

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st November 2017
and 31st March 2019 1,886,455
NET BOOK VALUE
At 31st March 2019 1,886,455
At 31st October 2017 1,886,455

Page 5