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MVINDUSTRIES LIMITED

Registered Number
13701207
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

MVINDUSTRIES LIMITED
Company Information
for the year from 1 December 2023 to 30 November 2024

Director

HILEY-MANN, Anthony Victor

Registered Address

52c Browning Road
London
E11 3AR

Registered Number

13701207 (England and Wales)
MVINDUSTRIES LIMITED
Balance Sheet as at
30 November 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets32,356,2251,256,644
Tangible assets441,96557,851
2,398,1901,314,495
Current assets
Debtors20,977351,911
Cash at bank and on hand6,176660
27,153352,571
Creditors amounts falling due within one year5(26,380)(295,623)
Net current assets (liabilities)77356,948
Total assets less current liabilities2,398,9631,371,443
Provisions for liabilities6(9,652)(13,306)
Net assets2,389,3111,358,137
Capital and reserves
Called up share capital1,0001,000
Revaluation reserve1,074,19236,924
Profit and loss account1,314,1191,320,213
Shareholders' funds2,389,3111,358,137
The financial statements were approved and authorised for issue by the Director on 28 July 2025, and are signed on its behalf by:
HILEY-MANN, Anthony Victor
Director
Registered Company No. 13701207
MVINDUSTRIES LIMITED
Notes to the Financial Statements
for the year ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at revalued amount at the end of the year
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 December 231,256,6441,256,644
Additions62,31462,314
Revaluations1,037,2671,037,267
At 30 November 242,356,2252,356,225
Net book value
At 30 November 242,356,2252,356,225
At 30 November 231,256,6441,256,644
4.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 December 23-67,03518,44385,478
Additions--2,6812,681
At 30 November 24-67,03521,12488,159
Depreciation and impairment
At 01 December 23-14,52413,10327,627
Charge for year18,567--18,567
At 30 November 2418,56714,52413,10346,194
Net book value
At 30 November 24(18,567)52,5118,02141,965
At 30 November 23-52,5115,34057,851
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-17,487
Taxation and social security26,131277,886
Accrued liabilities and deferred income249250
Total26,380295,623
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)9,65213,306
Total9,65213,306