IRIS Accounts Production v24.1.9.2 05771575 director 1.6.23 31.5.24 31.5.24 true false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057715752023-05-31057715752024-05-31057715752023-06-012024-05-31057715752022-05-31057715752022-06-012023-05-31057715752023-05-3105771575ns15:EnglandWales2023-06-012024-05-3105771575ns14:PoundSterling2023-06-012024-05-3105771575ns10:Director12023-06-012024-05-3105771575ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3105771575ns10:SmallEntities2023-06-012024-05-3105771575ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3105771575ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3105771575ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3105771575ns10:FullAccounts2023-06-012024-05-3105771575ns10:OrdinaryShareClass22023-06-012024-05-3105771575ns10:OrdinaryShareClass32023-06-012024-05-3105771575ns10:RegisteredOffice2023-06-012024-05-3105771575ns5:CurrentFinancialInstruments2024-05-3105771575ns5:CurrentFinancialInstruments2023-05-3105771575ns5:Non-currentFinancialInstruments2024-05-3105771575ns5:Non-currentFinancialInstruments2023-05-3105771575ns5:ShareCapital2024-05-3105771575ns5:ShareCapital2023-05-3105771575ns5:RevaluationReserve2024-05-3105771575ns5:RevaluationReserve2023-05-3105771575ns5:CapitalRedemptionReserve2024-05-3105771575ns5:CapitalRedemptionReserve2023-05-3105771575ns5:RetainedEarningsAccumulatedLosses2024-05-3105771575ns5:RetainedEarningsAccumulatedLosses2023-05-3105771575ns5:CostValuation2023-05-3105771575ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3105771575ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3105771575ns10:OrdinaryShareClass22024-05-3105771575ns10:OrdinaryShareClass32024-05-3105771575ns5:RevaluationReserve2023-05-31

















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

M WARWICK HOLDINGS LIMITED

M WARWICK HOLDINGS LIMITED (REGISTERED NUMBER: 05771575)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M WARWICK HOLDINGS LIMITED

COMPANY INFORMATION
For The Year Ended 31 May 2024







DIRECTOR: M R Warwick





REGISTERED OFFICE: 5th Floor
Waverley House
115 - 119 Holdenhurst Road
Bournemouth
Dorset
BH8 8DY





REGISTERED NUMBER: 05771575 (England and Wales)






M WARWICK HOLDINGS LIMITED (REGISTERED NUMBER: 05771575)

BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 47,321 50,169
Investment property 5 3,350,000 3,350,000
3,397,321 3,400,169

CURRENT ASSETS
Debtors 6 1,540,566 1,751,031
Cash at bank 24,485 32,046
1,565,051 1,783,077
CREDITORS
Amounts falling due within one year 7 575,612 242,592
NET CURRENT ASSETS 989,439 1,540,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,386,760

4,940,654

CREDITORS
Amounts falling due after more than one year 8 - (745,839 )

PROVISIONS FOR LIABILITIES (153,283 ) (153,283 )
NET ASSETS 4,233,477 4,041,532

CAPITAL AND RESERVES
Called up share capital 10 200 200
Revaluation reserve 11 800,473 800,473
Capital redemption reserve 50 50
Retained earnings 3,432,754 3,240,809
SHAREHOLDERS' FUNDS 4,233,477 4,041,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 20 August 2024 and were signed by:





M R Warwick - Director


M WARWICK HOLDINGS LIMITED (REGISTERED NUMBER: 05771575)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2024

1. STATUTORY INFORMATION

M Warwick Holdings Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about M Warwick Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents rents and management charges receivable.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Investment properties
Investment properties are revalued annually. Surpluses or deficits on individual properties are transferred to the investment revaluation reserve. Deficits in excess of prior revaluation surpluses on the same property are charged to the profit and loss account. Depreciation is not provided.

Listed investments
Listed investments comprise investments listed on the London Stock Exchange and are revalued annually at market value. Surpluses or deficits are transferred to the revaluation reserve. Deficits in excess of prior revaluation surpluses are charged to the profit and loss account. Depreciation is not provided

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

M WARWICK HOLDINGS LIMITED (REGISTERED NUMBER: 05771575)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2024

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 100 453,692 453,792
PROVISIONS
At 1 June 2023 - 403,623 403,623
Provision for year - 2,848 2,848
At 31 May 2024 - 406,471 406,471
NET BOOK VALUE
At 31 May 2024 100 47,221 47,321
At 31 May 2023 100 50,069 50,169

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 3,350,000
NET BOOK VALUE
At 31 May 2024 3,350,000
At 31 May 2023 3,350,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 3,350,000

Investment properties are valued by the director on an open market current use basis annually. The historic cost of the properties shown at valuation of £3,350,000 is £2,316,641.

The valuation by the director has been undertaken through property market research to include evidence on comparable sales and rental investment yields.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 1,187,346 1,394,527
Other debtors 353,220 356,504
1,540,566 1,751,031

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 35,000
Trade creditors 1,680 1,031
Amounts owed to group undertakings 140,510 93,134
Taxation and social security 25,821 23,158
Other creditors 407,601 90,269
575,612 242,592

M WARWICK HOLDINGS LIMITED (REGISTERED NUMBER: 05771575)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 745,839

Amounts falling due in more than five years:

Repayable by instalments
Bank loans due in more than 5 years - 545,839

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loan - 780,839

Bank loans are secured by way of a debenture over all property and undertaking of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
200 200

11. RESERVES
Revaluation
reserve
£   
At 1 June 2023
and 31 May 2024 800,473