Company Registration No. 10580619 (England and Wales)
MDP Projects Limited
Unaudited accounts
for the year ended 31 January 2019
MDP Projects Limited
Unaudited accounts
Contents
MDP Projects Limited
Company Information
for the year ended 31 January 2019
Director
Daniel Jacques Paynter
Company Number
10580619 (England and Wales)
Registered Office
24 Cannon Terrace
Wisbech
Cambridgeshire
PE13 2QW
MDP Projects Limited
Statement of financial position
as at 31 January 2019
Tangible assets
31,237
25,075
Cash at bank and in hand
18,502
22,092
Creditors: amounts falling due within one year
(38,028)
(64,814)
Net current assets
4,384
17,905
Total assets less current liabilities
35,621
42,980
Creditors: amounts falling due after more than one year
(13,295)
(8,988)
Called up share capital
100
100
Profit and loss account
22,226
33,892
Shareholders' funds
22,326
33,992
For the year ending 31 January 2019 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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.
Approved by the Board on 20 October 2019.
Daniel Jacques Paynter
Director
Company Registration No. 10580619
MDP Projects Limited
Notes to the Accounts
for the year ended 31 January 2019
MDP Projects Limited is a private company, limited by shares, registered in England and Wales, registration number 10580619. The registered office is 24 Cannon Terrace, Wisbech, Cambridgeshire, PE13 2QW.
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.
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
15% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 0 (2018: 0).