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REGISTERED NUMBER: 05679113 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

MRW KENILWORTH LIMITED

MRW KENILWORTH LIMITED (REGISTERED NUMBER: 05679113)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MRW KENILWORTH LIMITED

COMPANY INFORMATION
for the year ended 31 January 2024







DIRECTORS: Ms C S Rodway Jones
T R R Wilson





SECRETARY: Ms C S Rodway Jones





REGISTERED OFFICE: 143 Whitemoor Road
Kenilworth
Warwickshire
CV8 2BQ





REGISTERED NUMBER: 05679113 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

MRW KENILWORTH LIMITED (REGISTERED NUMBER: 05679113)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 440,740 501,692
Investment property 6 365,000 313,500
805,740 815,192

CURRENT ASSETS
Debtors 7 1,184 102,701
Cash at bank 210,851 35,891
212,035 138,592
CREDITORS
Amounts falling due within one year 8 18,245 17,199
NET CURRENT ASSETS 193,790 121,393
TOTAL ASSETS LESS CURRENT
LIABILITIES

999,530

936,585

PROVISIONS FOR LIABILITIES 27,796 10,076
NET ASSETS 971,734 926,509

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 109,285 67,925
Retained earnings 862,349 858,484
SHAREHOLDERS' FUNDS 971,734 926,509

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

MRW KENILWORTH LIMITED (REGISTERED NUMBER: 05679113)

BALANCE SHEET - continued
31 January 2024


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 Board of Directors and authorised for issue on 11 September 2024 and were signed on its behalf by:





T R R Wilson - Director


MRW KENILWORTH LIMITED (REGISTERED NUMBER: 05679113)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 January 2024

1. STATUTORY INFORMATION

MRW Kenilworth 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 MRW Kenilworth 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.

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 - 33% on cost

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

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.

Other investments
Other investments are stated at fair value. Quoted securities are shown at their market value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the investments are sold.

MRW KENILWORTH LIMITED (REGISTERED NUMBER: 05679113)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023
and 31 January 2024 569
DEPRECIATION
At 1 February 2023
and 31 January 2024 569
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 February 2023 10 501,682 501,692
Additions - 179,881 179,881
Disposals - (258,839 ) (258,839 )
Revaluations - 18,006 18,006
At 31 January 2024 10 440,730 440,740
NET BOOK VALUE
At 31 January 2024 10 440,730 440,740
At 31 January 2023 10 501,682 501,692

Cost or valuation at 31 January 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2017 - 60,425 60,425
Valuation in 2018 - 5,033 5,033
Valuation in 2019 - (38,156 ) (38,156 )
Valuation in 2020 - 20,094 20,094
Valuation in 2021 - (10,755 ) (10,755 )
Valuation in 2022 - 24,332 24,332
Valuation in 2023 - (15,933 ) (15,933 )
Valuation in 2024 - 18,006 18,006
Cost 10 377,684 377,694
10 440,730 440,740

MRW KENILWORTH LIMITED (REGISTERED NUMBER: 05679113)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 313,500
Additions 220,000
Disposals (168,500 )
At 31 January 2024 365,000
NET BOOK VALUE
At 31 January 2024 365,000
At 31 January 2023 313,500

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2021 32,961
Valuation in 2024 41,074
Cost 290,965
365,000

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Directors' current accounts 1,184 -

Amounts falling due after more than one year:
Amounts owed by group undertakings - 102,701

Aggregate amounts 1,184 102,701

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 1,369 -
Social security and other taxes 5,257 1,487
Accrued expenses 11,619 15,712
18,245 17,199

9. RESERVES
Fair
value
reserve
£   
At 1 February 2023 67,925
Reserve transfer 41,360

At 31 January 2024 109,285

MRW KENILWORTH LIMITED (REGISTERED NUMBER: 05679113)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Ms C S Rodway Jones
Balance outstanding at start of year - -
Amounts advanced 1,184 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,184 -