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REGISTERED NUMBER: 13637612 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

M&K DEVELOPMENTS (WEST MIDLANDS) LIMITED

M&K DEVELOPMENTS (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 13637612)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


M&K DEVELOPMENTS (WEST MIDLANDS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr K P Bristow
Lady M J Cridland





SECRETARY: Ms C Haylor





REGISTERED OFFICE: The Old Cottage
Broad Lane
Tanworth in Arden
B94 5DP





REGISTERED NUMBER: 13637612 (England and Wales)





ACCOUNTANTS: Clive Shedd & Co
Chartered Accountants
232 Sladepool Farm Road
Birmingham
B14 5EE

M&K DEVELOPMENTS (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 13637612)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 867,038 513,280

CURRENT ASSETS
Stocks 202,638 23,333
Debtors 6 10,465 19,163
Cash at bank 8,619 7,170
221,722 49,666
CREDITORS
Amounts falling due within one year 7 1,178,376 607,129
NET CURRENT LIABILITIES (956,654 ) (557,463 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(89,616

)

(44,183

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (89,716 ) (44,283 )
SHAREHOLDERS' FUNDS (89,616 ) (44,183 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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&K DEVELOPMENTS (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 13637612)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 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 27 June 2025 and were signed on its behalf by:




Lady M J Cridland - Director



Mr K P Bristow - Director


M&K DEVELOPMENTS (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 13637612)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

M&K Developments (West Midlands) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The company's functional and presentation currency is the pound sterling, rounded to the nearest £.

Significant judgements and estimates
In preparing these financial statements the company's management make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the statement of financial position date and the amounts reported in the income statement for the period under review.

The nature of estimates means that the actual outcome could differ and the company's management consider there are no estimates or assumptions that have a significant risk of causing a material adjustment to the amounts reported for assets and liabilities within the next financial year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

The company's buildings were in the course of construction in the financial year under review and consequently a depreciation charge is considered to be inappropriate.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Financial instruments
Basic financial assets and liabilities are initially recognised at transaction price and are subsequently measured at amortised cost.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

4. EMPLOYEES AND DIRECTORS

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

M&K DEVELOPMENTS (WEST MIDLANDS) LIMITED (REGISTERED NUMBER: 13637612)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 401,563 130,695 532,258
Additions 365,227 55,233 420,460
Disposals - (54,312 ) (54,312 )
At 30 September 2024 766,790 131,616 898,406
DEPRECIATION
At 1 October 2023 - 18,978 18,978
Charge for year - 28,514 28,514
Eliminated on disposal - (16,124 ) (16,124 )
At 30 September 2024 - 31,368 31,368
NET BOOK VALUE
At 30 September 2024 766,790 100,248 867,038
At 30 September 2023 401,563 111,717 513,280

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 10,465 19,163

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,012 11
Taxation and social security 694 -
Other creditors 1,164,972 602,781
Accruals and deferred income 4,698 4,337
1,178,376 607,129

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100