MD TRANSPORT & HAULAGE LIMITED

MD TRANSPORT & HAULAGE LIMITED

MD TRANSPORT & HAULAGE LIMITED - Company Information

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MD TRANSPORT & HAULAGE LIMITED

Company Registration Number:
10375364 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2021

Period of accounts

Start date: 01 October 2020

End date: 30 September 2021

MD TRANSPORT & HAULAGE LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2021

Balance sheet
Notes

MD TRANSPORT & HAULAGE LIMITED

Balance sheet

As at 30 September 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 19,694 26,259
Total fixed assets: 19,694 26,259
Current assets
Debtors:     2,274
Cash at bank and in hand: 32,844 7,023
Total current assets: 32,844 9,297
Creditors: amounts falling due within one year: 4 (183,189) (154,051)
Net current assets (liabilities): (150,345) (144,754)
Total assets less current liabilities: (130,651) (118,495)
Provision for liabilities: (2,346) (3,287)
Total net assets (liabilities): (132,997) (121,782)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (133,097) (121,882)
Shareholders funds: (132,997) (121,782)

The notes form part of these financial statements

MD TRANSPORT & HAULAGE LIMITED

Balance sheet statements

For the year ending 30 September 2021 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 October 2022
and signed on behalf of the board by:

Name: Mr I Ionas
Status: Director

The notes form part of these financial statements

MD TRANSPORT & HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MD TRANSPORT & HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

2. Employees

2021 2020
Average number of employees during the period 5 5

MD TRANSPORT & HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

3. Tangible Assets

Total
Cost £
At 01 October 2020 82,992
At 30 September 2021 82,992
Depreciation
At 01 October 2020 56,733
Charge for year 6,565
At 30 September 2021 63,298
Net book value
At 30 September 2021 19,694
At 30 September 2020 26,259

MD TRANSPORT & HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

4. Creditors: amounts falling due within one year note

Trade payables 70,725Taxation & social security 12,446Other payables 96,618Accruals & deferred income 3,400 ----------- 183,189

MD TRANSPORT & HAULAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

5. Related party transactions

Name of the related party: Mr N Bivol and Mr I Ionas
Relationship:
Directors
Description of the Transaction: During the year MD Transport & Haulage Limited hired vehicles from both MD Developments (London) Limited, and MD Scaffolding Limited of whom Mr N Bivol and Mr I Ionas are both directors.MD Developments (London) Limited also loaned MD Transport & Haulage Limited £25000 during the year.
£
Balance at 01 October 2020 25,000
Balance at 30 September 2021 25,000