IRIS Accounts Production v25.1.3.33 10682106 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106821062024-03-31106821062025-03-31106821062024-04-012025-03-31106821062023-03-31106821062023-04-012024-03-31106821062024-03-3110682106ns15:EnglandWales2024-04-012025-03-3110682106ns14:PoundSterling2024-04-012025-03-3110682106ns10:Director12024-04-012025-03-3110682106ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3110682106ns10:SmallEntities2024-04-012025-03-3110682106ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3110682106ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3110682106ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3110682106ns10:FullAccounts2024-04-012025-03-3110682106ns10:OrdinaryShareClass12024-04-012025-03-3110682106ns10:Director22024-04-012025-03-3110682106ns10:RegisteredOffice2024-04-012025-03-3110682106ns5:CurrentFinancialInstruments2025-03-3110682106ns5:CurrentFinancialInstruments2024-03-3110682106ns5:Non-currentFinancialInstruments2025-03-3110682106ns5:Non-currentFinancialInstruments2024-03-3110682106ns5:ShareCapital2025-03-3110682106ns5:ShareCapital2024-03-3110682106ns5:RetainedEarningsAccumulatedLosses2025-03-3110682106ns5:RetainedEarningsAccumulatedLosses2024-03-3110682106ns5:ComputerEquipment2024-04-012025-03-3110682106ns5:PlantMachinery2024-03-3110682106ns5:PlantMachinery2024-04-012025-03-3110682106ns5:PlantMachinery2025-03-3110682106ns5:PlantMachinery2024-03-3110682106ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3110682106ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110682106ns5:Non-currentFinancialInstruments2024-04-012025-03-3110682106ns5:WithinOneYear2025-03-3110682106ns5:WithinOneYear2024-03-3110682106ns5:BetweenOneFiveYears2025-03-3110682106ns5:BetweenOneFiveYears2024-03-3110682106ns5:MoreThanFiveYears2025-03-3110682106ns5:MoreThanFiveYears2024-03-3110682106ns5:AllPeriods2025-03-3110682106ns5:AllPeriods2024-03-3110682106ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 10682106 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Mudeford Investments Limited

Mudeford Investments Limited (Registered number: 10682106)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mudeford Investments Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: N J Rowe
Mrs S M Rowe





REGISTERED OFFICE: Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR





REGISTERED NUMBER: 10682106 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

Mudeford Investments Limited (Registered number: 10682106)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 36
Investments 5 3,050 3,050
Investment property 6 387,371 387,371
390,421 390,457

CURRENT ASSETS
Debtors 7 1,458 1,635
Cash at bank 22,475 41,212
23,933 42,847
CREDITORS
Amounts falling due within one year 8 17,681 16,498
NET CURRENT ASSETS 6,252 26,349
TOTAL ASSETS LESS CURRENT LIABILITIES 396,673 416,806

CREDITORS
Amounts falling due after more than one
year

9

297,784

342,935
NET ASSETS 98,889 73,871

CAPITAL AND RESERVES
Called up share capital 11 300 300
Retained earnings 98,589 73,571
SHAREHOLDERS' FUNDS 98,889 73,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Mudeford Investments Limited (Registered number: 10682106)

Balance Sheet - continued
31 March 2025


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 14 May 2025 and were signed on its behalf by:





N J Rowe - Director


Mudeford Investments Limited (Registered number: 10682106)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Mudeford Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investment income
Investment income is measured at fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.

Rental income received in advance is treated as deferred income and included in other creditors. Rental income received in arrears is accrued and included within prepayments and accrued income.

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 - Straight line over 3 years

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort on an ongoing basis are measured at fair value annually with any change recognised in the profit and loss account.

It is the company's policy to transfer to the fair value reserve all non-distributable fair value movements recognised in the profit and loss account together with deferred taxation thereon.

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.

Mudeford Investments Limited (Registered number: 10682106)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from banks or other related parties.

Debt instruments, like loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Non financial investments
Non financial investments are recognised at cost less impairment as there is no reliable measure of the fair value of these assets.

Impairment
At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Mudeford Investments Limited (Registered number: 10682106)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 329
DEPRECIATION
At 1 April 2024 293
Charge for year 36
At 31 March 2025 329
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 36

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2025 2024
£    £   
Non financial investments 3,050 3,050

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 387,371
NET BOOK VALUE
At 31 March 2025 387,371
At 31 March 2024 387,371

The directors consider that the cost of the investment property is reflective of its fair value.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 1,458 1,635

Mudeford Investments Limited (Registered number: 10682106)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 5,877 4,642
Other creditors 11,804 11,856
17,681 16,498

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Other creditors 297,784 342,935

Other creditors due after more than one year is a directors loan.

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 1,423 1,423
Between one and five years 5,694 5,694
In more than five years 110,313 111,737
117,430 118,854

Operating lease rentals are charged on a straight line basis over the term of the lease.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
300 Ordinary £1 300 300