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REGISTERED NUMBER: 09355554 (England and Wales)














MAW (UK) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






MAW (UK) LTD (REGISTERED NUMBER: 09355554)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


MAW (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs D B Maw
T D Maw





REGISTERED OFFICE: The Oak Barn
Frame Farm
Iden Green Road
Benenden
Kent
TN17 4EZ





REGISTERED NUMBER: 09355554 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG

MAW (UK) LTD (REGISTERED NUMBER: 09355554)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,405,191 2,440,858
Investment property 5 1,750,000 1,850,000
4,155,191 4,290,858

CURRENT ASSETS
Debtors 6 67,071 103,939
Cash at bank 10,809 50,193
77,880 154,132
CREDITORS
Amounts falling due within one year 7 3,216,733 3,299,445
NET CURRENT LIABILITIES (3,138,853 ) (3,145,313 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,016,338

1,145,545

CREDITORS
Amounts falling due after more than
one year

8

(8,334

)

(18,334

)

PROVISIONS FOR LIABILITIES (181,000 ) (206,000 )
NET ASSETS 827,004 921,211

CAPITAL AND RESERVES
Called up share capital 9 1 1
Fair value reserve 611,017 686,017
Retained earnings 215,986 235,193
SHAREHOLDERS' FUNDS 827,004 921,211

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

MAW (UK) LTD (REGISTERED NUMBER: 09355554)

BALANCE SHEET - continued
31 DECEMBER 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 23 July 2025 and were signed on its behalf by:





Mrs D B Maw - Director


MAW (UK) LTD (REGISTERED NUMBER: 09355554)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Maw (UK) 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.

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.

Turnover
Turnover represents income relating to property management services, wedding venue hire and furnished holiday lets, all net of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Improvements to property - 2% on cost
Plant and machinery - 25% on cost and 2% on cost
Computer equipment - 25% on cost

Investment property
Investment property is included at fair value. Gains are recognised in the Income Statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MAW (UK) LTD (REGISTERED NUMBER: 09355554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

Grant income recognition
Grant income has been recognised under the performance model.

Grants that do not specify any future performance-related conditions are recorded when the grant proceeds are received or receivable. Any grant that imposes specified future performance-related conditions is recognised only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Computer
property property machinery equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 1,109,448 1,451,873 158,801 8,944 2,729,066
Additions - - 2,337 1,400 3,737
At 31 December 2024 1,109,448 1,451,873 161,138 10,344 2,732,803
DEPRECIATION
At 1 January 2024 - 181,726 98,291 8,191 288,208
Charge for year - 29,038 9,356 1,010 39,404
At 31 December 2024 - 210,764 107,647 9,201 327,612
NET BOOK VALUE
At 31 December 2024 1,109,448 1,241,109 53,491 1,143 2,405,191
At 31 December 2023 1,109,448 1,270,147 60,510 753 2,440,858

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,850,000
Revaluations (100,000 )
At 31 December 2024 1,750,000
NET BOOK VALUE
At 31 December 2024 1,750,000
At 31 December 2023 1,850,000

The directors had the property valued in 2024, resulting in a revaluation to £1.75M.

MAW (UK) LTD (REGISTERED NUMBER: 09355554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. INVESTMENT PROPERTY - continued

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2017 542,017
Valuation in 2022 350,000
Valuation in 2024 (100,000 )
Cost 957,983
1,750,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 62,388 102,531
Other debtors 4,683 1,408
67,071 103,939

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 4,262 2,222
Taxation and social security 43,383 96,155
Other creditors 3,159,088 3,191,068
3,216,733 3,299,445

Included within other creditors is deferred income for future events of £203,217 (2023: £241,334).

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,334 18,334

9. CALLED UP SHARE CAPITAL

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

10. RELATED PARTY DISCLOSURES

During the year, the director's loaned the company a further £7,894. No interest has been charged on the loan. The balance due at the year end was £2,948,434 (£2,940,540 - 2023). This balance is included in other creditors.