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REGISTERED NUMBER: 10786435 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

M D W PROPERTIES LTD

M D W PROPERTIES LTD (REGISTERED NUMBER: 10786435)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M D W PROPERTIES LTD

Company Information
for the Year Ended 31 May 2024







DIRECTORS: M Duffy
D Worthington





SECRETARY:





REGISTERED OFFICE: Unit 5 Shepcote Enterprise Park
Europa Drive
Sheffield
S9 1XT





REGISTERED NUMBER: 10786435 (England and Wales)





ACCOUNTANT: Hill and Co Accountants
106 Holme Lane
Hillsborough
Sheffield
South Yorkshire
S6 4JW

M D W PROPERTIES LTD (REGISTERED NUMBER: 10786435)

Balance Sheet
31 May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 182,314 183,665

CURRENT ASSETS
Cash at bank and in hand 2,772 1,499

CREDITORS
Amounts falling due within one year 5 76,575 75,146
NET CURRENT LIABILITIES (73,803 ) (73,647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

108,511

110,018

CREDITORS
Amounts falling due after more than one
year

6

(85,237

)

(91,108

)

PROVISIONS FOR LIABILITIES (1,128 ) (1,274 )
NET ASSETS 22,146 17,636

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 22,144 17,634
SHAREHOLDERS' FUNDS 22,146 17,636

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 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.

M D W PROPERTIES LTD (REGISTERED NUMBER: 10786435)

Balance Sheet - continued
31 May 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 10 November 2024 and were signed on its behalf by:





M Duffy - Director


M D W PROPERTIES LTD (REGISTERED NUMBER: 10786435)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

M D W Properties 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 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.

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.

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 (2023 - NIL).

M D W PROPERTIES LTD (REGISTERED NUMBER: 10786435)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 176,906 16,500 193,406
DEPRECIATION
At 1 June 2023 - 9,741 9,741
Charge for year - 1,351 1,351
At 31 May 2024 - 11,092 11,092
NET BOOK VALUE
At 31 May 2024 176,906 5,408 182,314
At 31 May 2023 176,906 6,759 183,665

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade creditors (2 ) -
Taxation and social security 4,987 3,574
Other creditors 71,590 71,572
76,575 75,146

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/24 31/5/23
£    £   
Other creditors 85,237 91,108

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 85,237 91,108