MDA HOLDINGS LTD
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ANNUAL REPORT 2016
13. Operating Lease Commitments
12. Creditors: Amounts Falling Due After More Than One Year
15. Called Up Share Capital
14. Secured Debts
Expiring:
Within one year
66,146
29,809
Between one and five years
84,208
150,217
150,354
180,026
Hire purchase contracts
18,754
-
Hire purchase contracts
26,440
-
3,256
3,459
26,535
Ordinary
10p
2,653
3,459
6,026
Ordinary B
10p
603
-
Number:
Class:
Nominal Value:
The following operating lease payments are committed to be paid within one year:
The company and certain other UK group companies have entered into cross guarantees in respect of a bank overdraft, which
has a group limit of £500,000 (2015: £500,000). This facility is held with HSBC Bank Plc and includes a fixed and floating
charge over all assets of the relevant companies.
At the balance sheet date these were being utilised to the extent of £Nil (2015: £58,100).
Other creditors includes dividends payable of £53,070 (2015: £Nil).
Allotted, issued and fully paid:
The following secured debts are included within creditors:
The hire purchase contract is secured against the asset to which it relates.
On 26 May 2016 7,051 issued Ordinary Shares were reclassified as ‘B’ Ordinary Shares of 10p each.
During the year, the company repurchased 1,026 (2015: 2,315) Ordinary Shares with a nominal value of 10p for an aggregate
consideration of £40,013 (2015: £23,150). The company also repurchased 1,025 (2015: Nil) Ordinary B Shares with a nominal
value of 10p for an aggregate consideration of £39,975 (2015: £Nil).
Group
Group
Group
2016
(£)
2016
(£)
2016
(£)
2016
(£)
2015
(£)
2015
(£)
2015
(£)
2015
(£)
29
