MCD Project Management Ltd - Accounts to registrar (filleted) - small 18.1

MCD Project Management Ltd - Accounts to registrar (filleted) - small 18.1

MCD PROJECT MANAGEMENT LTD - Company Information

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REGISTERED NUMBER: 07131844 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

FOR

MCD PROJECT MANAGEMENT LTD
MCD PROJECT MANAGEMENT LTD (REGISTERED NUMBER: 07131844)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


MCD PROJECT MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2018







DIRECTOR: M C Davies





REGISTERED OFFICE: 9 Rosafield Avenue
HALESOWEN
West Midlands
B62 9BU





REGISTERED NUMBER: 07131844 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MCD PROJECT MANAGEMENT LTD

The following reproduces the text of the report prepared for the director 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 Director 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 MCD Project Management Ltd for the year ended 31 January 2018 which comprise the Income
Statement, 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of MCD Project Management Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MCD Project Management Ltd and state those matters that we have agreed to state to the director of MCD Project Management Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MCD Project Management Ltd and its director for our work or for this report.

It is your duty to ensure that MCD Project Management 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 loss of MCD Project Management Ltd. You consider that MCD Project Management 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 MCD Project Management 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.






E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


16 April 2018

This page does not form part of the statutory financial statements

Page 2
MCD PROJECT MANAGEMENT LTD (REGISTERED NUMBER: 07131844)

BALANCE SHEET
31 JANUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,222 1,627
Investment property 5 - -
1,222 1,627

CURRENT ASSETS
Debtors 6 19,499 -
Cash at bank 1,104 1,861
20,603 1,861
CREDITORS
Amounts falling due within one year 7 23,656 3,707
NET CURRENT LIABILITIES (3,053 ) (1,846 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(1,831
)
(219
)

PROVISIONS FOR LIABILITIES - 279
NET LIABILITIES (1,831 ) (498 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,832 ) (499 )
SHAREHOLDERS' FUNDS (1,831 ) (498 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 16 April 2018 and were signed by:





M C Davies - Director


The notes form part of these financial statements

Page 3
MCD PROJECT MANAGEMENT LTD (REGISTERED NUMBER: 07131844)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018

1. STATUTORY INFORMATION

MCD Project Management Ltd 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 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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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.

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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

Page 4 continued...
MCD PROJECT MANAGEMENT LTD (REGISTERED NUMBER: 07131844)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2017
and 31 January 2018 4,830
DEPRECIATION
At 1 February 2017 3,203
Charge for year 405
At 31 January 2018 3,608
NET BOOK VALUE
At 31 January 2018 1,222
At 31 January 2017 1,627

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 19,500
Disposals (19,500 )
At 31 January 2018 -
NET BOOK VALUE
At 31 January 2018 -

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Other debtors 19,499 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other creditors 23,656 3,707

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors is an amount owing to the director M C Davies of £23.236 (2017: £3,058).

Page 5