Company Registration No. 09341324 (England and Wales)
MX DEVELOPMENTS LIMITED
Unaudited accounts
for the year ended 31 December 2023
MX DEVELOPMENTS LIMITED
Unaudited accounts
Contents
MX DEVELOPMENTS LIMITED
Company Information
for the year ended 31 December 2023
Company Number
09341324 (England and Wales)
Registered Office
4 ORMES MEADOW
OWLTHORPE
SHEFFIELD
S20 6TE
ENGLAND
Accountants
Abacus Accounting Services
66 Abbeydale Rd
Sheffield
S7 1FD
MX DEVELOPMENTS LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
153,249
153,249
Cash at bank and in hand
143,681
122,857
Creditors: amounts falling due within one year
(4,807)
(5,044)
Net current assets
138,874
117,813
Total assets less current liabilities
292,123
271,062
Creditors: amounts falling due after more than one year
(5,006)
-
Net assets
287,117
271,062
Called up share capital
1
1
Profit and loss account
287,116
271,061
Shareholders' funds
287,117
271,062
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2024 and were signed on its behalf by
Mr Mehtab Asghar
Director
Company Registration No. 09341324
MX DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
MX DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09341324. The registered office is 4 ORMES MEADOW, OWLTHORPE, SHEFFIELD, S20 6TE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 31 December 2023
153,249
At 31 December 2023
153,249
At 31 December 2022
153,249
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,766
4,003
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
5,006
-
MX DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).