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Company Registration No. 11503442 (England and Wales)
M W Property Developments (Midlands) Ltd Unaudited accounts for the year ended 31 August 2024
M W Property Developments (Midlands) Ltd Unaudited accounts Contents
Page
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M W Property Developments (Midlands) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,422 
35,715 
Current assets
Debtors
- 
3,740 
Cash at bank and in hand
154,258 
157,403 
154,258 
161,143 
Creditors: amounts falling due within one year
(74,792)
(67,805)
Net current assets
79,466 
93,338 
Net assets
108,888 
129,053 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
108,788 
128,953 
Shareholders' funds
108,888 
129,053 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 July 2025 and were signed on its behalf by
Mr M Wyatt Director Company Registration No. 11503442
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M W Property Developments (Midlands) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
M W Property Developments (Midlands) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11503442. The registered office is 142 Lichfield Road, Bloxwich, Walsall, West Midlands, WS3 3BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
32,990 
5,717 
38,707 
Additions
- 
2,456 
2,456 
At 31 August 2024
32,990 
8,173 
41,163 
Depreciation
At 1 September 2023
687 
2,305 
2,992 
Charge for the year
8,076 
673 
8,749 
At 31 August 2024
8,763 
2,978 
11,741 
Net book value
At 31 August 2024
24,227 
5,195 
29,422 
At 31 August 2023
32,303 
3,412 
35,715 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,740 
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M W Property Developments (Midlands) Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
39,170 
42,665 
Taxes and social security
26,996 
3,450 
Other creditors
8,626 
9,261 
Loans from directors
- 
12,429 
74,792 
67,805 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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