MJDP Ltd - Accounts to registrar - small 17.2

MJDP Ltd - Accounts to registrar - small 17.2

MJDP LTD - Company Information

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IRIS Accounts Production v17.2.1.52 SC412691 Board of Directors 1.1.16 31.12.16 31.12.16 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC4126912015-12-31SC4126912016-12-31SC4126912016-01-012016-12-31SC4126912014-12-31SC4126912015-01-012015-12-31SC4126912015-12-31SC412691ns15:Scotland2016-01-012016-12-31SC412691ns14:PoundSterling2016-01-012016-12-31SC412691ns10:Director12016-01-012016-12-31SC412691ns10:PrivateLimitedCompanyLtd2016-01-012016-12-31SC412691ns10:SmallEntities2016-01-012016-12-31SC412691ns10:AuditExemptWithAccountantsReport2016-01-012016-12-31SC412691ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-31SC412691ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-31SC412691ns10:AbridgedAccounts2016-01-012016-12-31SC412691ns10:Director22016-01-012016-12-31SC412691ns10:RegisteredOffice2016-01-012016-12-31SC412691ns5:CurrentFinancialInstruments2016-12-31SC412691ns5:CurrentFinancialInstruments2015-12-31SC412691ns5:ShareCapital2016-12-31SC412691ns5:ShareCapital2015-12-31SC412691ns5:RetainedEarningsAccumulatedLosses2016-12-31SC412691ns5:RetainedEarningsAccumulatedLosses2015-12-31SC412691ns5:ComputerEquipment2016-01-012016-12-31SC412691ns10:Director112015-12-31SC412691ns10:Director112014-12-31SC412691ns10:Director112016-01-012016-12-31SC412691ns10:Director112015-01-012015-12-31SC412691ns10:Director112016-12-31SC412691ns10:Director112015-12-31


REGISTERED NUMBER: SC412691 (Scotland)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

MJDP LTD

MJDP LTD (REGISTERED NUMBER: SC412691)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

MJDP LTD

COMPANY INFORMATION
for the Year Ended 31 December 2016







DIRECTORS: Mr M Paley
Dr J Paley





REGISTERED OFFICE: 20-22 Torphichen Street
Edinburgh
EH3 8JB





REGISTERED NUMBER: SC412691 (Scotland)





ACCOUNTANTS: James Fraser & Co.
Chartered Accountants
20-22 Torphichen Street
Edinburgh
EH3 8JB
Page 1
MJDP LTD (REGISTERED NUMBER: SC412691)

ABRIDGED BALANCE SHEET
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 899 -

CURRENT ASSETS
Cash at bank 104,772 90,856

CREDITORS
Amounts falling due within one year 27,513 21,551
NET CURRENT ASSETS 77,259 69,305
TOTAL ASSETS LESS CURRENT LIABILITIES 78,158 69,305

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,058 69,205
SHAREHOLDERS' FUNDS 78,158 69,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 21 September 2017 and were signed on its behalf by:





Mr M Paley - Director


The notes form part of these financial statements

Page 2
MJDP LTD (REGISTERED NUMBER: SC412691)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Mjdp Ltd is a private company, limited by shares , registered in Scotland. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and
other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% straight line

Taxation
Taxation for the year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged
to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 1,199
At 31 December 2016 1,199
DEPRECIATION
Charge for year 300
At 31 December 2016 300
NET BOOK VALUE
At 31 December 2016 899

Page 3 continued...
MJDP LTD (REGISTERED NUMBER: SC412691)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2016 and 31 December 2015:

2016 2015
£    £   
Mr M Paley
Balance outstanding at start of year - -
Amounts advanced 158 1,547
Amounts repaid (1,811 ) (1,547 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,653 ) -

At the year end the director had an outstanding current account balance of £1,653 (2015 - £nil).

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £90,000 were paid to the directors .

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MJDP LTD

The following reproduces the text of the report prepared for the directors and members in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not
required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
Mjdp Ltd for the year ended 31 December 2016 which comprise the Income Statement, Abridged Balance Sheet and the related notes from
the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Mjdp Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mjdp Ltd and state those matters that we have agreed to state to the Board of Directors of Mjdp Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mjdp Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mjdp Ltd. You consider that Mjdp Ltd 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 financial statements of Mjdp Ltd. 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 financial statements.






James Fraser & Co.
Chartered Accountants
20-22 Torphichen Street
Edinburgh
EH3 8JB


21 September 2017

This page does not form part of the statutory financial statements

Page 5