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REGISTERED NUMBER: 01239671 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2025

for

M & W Wessex Limited

M & W Wessex Limited (Registered number: 01239671)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


M & W Wessex Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: M C Priest





REGISTERED OFFICE: 4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF





REGISTERED NUMBER: 01239671 (England and Wales)





ACCOUNTANTS: Ward Goodman
4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF

M & W Wessex Limited (Registered number: 01239671)

Abridged Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 235 277
Investments 5 - 30,146
Investment property 6 1,350,000 980,000
1,350,235 1,010,423

CURRENT ASSETS
Debtors 5,000 12,200
Cash at bank 311,026 493,588
316,026 505,788
CREDITORS
Amounts falling due within one year 18,435 23,277
NET CURRENT ASSETS 297,591 482,511
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,647,826

1,492,934

PROVISIONS FOR LIABILITIES (80,186 ) (9,886 )

ACCRUALS AND DEFERRED INCOME (1,477 ) (1,375 )
NET ASSETS 1,566,163 1,481,673

CAPITAL AND RESERVES
Called up share capital 52,000 52,000
Non distributable reserves 299,700 -
Retained earnings 1,214,463 1,429,673
SHAREHOLDERS' FUNDS 1,566,163 1,481,673

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

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

M & W Wessex Limited (Registered number: 01239671)

Abridged Balance Sheet - continued
31 January 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 May 2025 and were signed by:





M C Priest - Director


M & W Wessex Limited (Registered number: 01239671)

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

1. STATUTORY INFORMATION

M & W Wessex 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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.

Fixed assets investments
Fixed asset investments are included at fair value.

Impairment of assets
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2024
and 31 January 2025 2,692
DEPRECIATION
At 1 February 2024 2,415
Charge for year 42
At 31 January 2025 2,457
NET BOOK VALUE
At 31 January 2025 235
At 31 January 2024 277

M & W Wessex Limited (Registered number: 01239671)

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

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 February 2024 30,146
Disposals (30,146 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 30,146

Cost or valuation at 31 January 2025 is represented by:
Totals
£   
Valuation in 2024 30,146

Fixed assets investments represent a portfolio of listed investments.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 980,000
Revaluations 370,000
At 31 January 2025 1,350,000
NET BOOK VALUE
At 31 January 2025 1,350,000
At 31 January 2024 980,000

The properties were revalued in July 2024 by Goadsby.

7. OTHER FINANCIAL COMMITMENTS

There were no other financial commitments at the year end.

8. RELATED PARTY DISCLOSURES

The company has received rent of £60,000 (2024 - £60,000) from Priest Engineering Company (Poole) Limited, a group company, during the period ended 31st January 2025

M & W Wessex Limited (Registered number: 01239671)

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

9. ULTIMATE CONTROLLING PARTY

The director controls the company as a result of controlling directly 100% of the issued ordinary share capital of the
ultimate parent company.