IRIS Accounts Production v25.2.0.378 09082292 director 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09082292 2023-12-31 09082292 2024-12-31 09082292 2024-01-01 2024-12-31 09082292 2022-12-31 09082292 2023-01-01 2023-12-31 09082292 2023-12-31 09082292 ns15:EnglandWales 2024-01-01 2024-12-31 09082292 ns14:PoundSterling 2024-01-01 2024-12-31 09082292 ns10:Director1 2024-01-01 2024-12-31 09082292 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09082292 ns10:SmallEntities 2024-01-01 2024-12-31 09082292 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09082292 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 09082292 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09082292 ns10:FullAccounts 2024-01-01 2024-12-31 09082292 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 09082292 ns10:RegisteredOffice 2024-01-01 2024-12-31 09082292 ns5:CurrentFinancialInstruments 2024-12-31 09082292 ns5:CurrentFinancialInstruments 2023-12-31 09082292 ns5:Non-currentFinancialInstruments 2024-12-31 09082292 ns5:Non-currentFinancialInstruments 2023-12-31 09082292 ns5:ShareCapital 2024-12-31 09082292 ns5:ShareCapital 2023-12-31 09082292 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 09082292 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 09082292 ns5:ShortLeaseholdAssets ns5:LandBuildings 2023-12-31 09082292 ns5:PlantMachinery 2023-12-31 09082292 ns5:FurnitureFittings 2023-12-31 09082292 ns5:ComputerEquipment 2023-12-31 09082292 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-01-01 2024-12-31 09082292 ns5:PlantMachinery 2024-01-01 2024-12-31 09082292 ns5:FurnitureFittings 2024-01-01 2024-12-31 09082292 ns5:ComputerEquipment 2024-01-01 2024-12-31 09082292 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 09082292 ns5:PlantMachinery 2024-12-31 09082292 ns5:FurnitureFittings 2024-12-31 09082292 ns5:ComputerEquipment 2024-12-31 09082292 ns5:ShortLeaseholdAssets ns5:LandBuildings 2023-12-31 09082292 ns5:PlantMachinery 2023-12-31 09082292 ns5:FurnitureFittings 2023-12-31 09082292 ns5:ComputerEquipment 2023-12-31 09082292 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 09082292 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 09082292 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-12-31 09082292 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2023-12-31 09082292 ns10:OrdinaryShareClass1 2024-12-31

REGISTERED NUMBER: 09082292 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

| FOR |

| M&W PROPERTY SALES LTD |

M&W PROPERTY SALES LTD (REGISTERED NUMBER: 09082292)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

M&W PROPERTY SALES LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTOR: | Mr J A Clements

| REGISTERED OFFICE: | 11 London Road

| St Leonards-on-sea

| East Sussex

| TN37 6AE

| REGISTERED NUMBER: | 09082292 (England and Wales)

| ACCOUNTANTS: | Acuity Professional Partnership LLP

| Unit 2.02 High Weald House

| Glovers End

| Bexhill

| East Sussex

| TN39 5ES

M&W PROPERTY SALES LTD (REGISTERED NUMBER: 09082292)

STATEMENT OF FINANCIAL POSITION

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 12,562 |  | 18,475 |  |

CURRENT ASSETS

Debtors | 5 | 242 |  | 750 |  |

Cash at bank | 30 |  | - |  |

272 |  | 750 |  |

CREDITORS

Amounts falling due within one year | 6 | 134,894 |  | 146,287 |  |

NET CURRENT LIABILITIES | (134,622 | ) | (145,537 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (122,060 | ) | (127,062 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | 2,500 |  | 9,570 |  |

NET LIABILITIES | (124,560 | ) | (136,632 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 1 |  | 1 |  |

Retained earnings | (124,561 | ) | (136,633 | ) |

SHAREHOLDERS' FUNDS | (124,560 | ) | (136,632 | ) |

M&W PROPERTY SALES LTD (REGISTERED NUMBER: 09082292)

STATEMENT OF FINANCIAL POSITION - continued

31 DECEMBER 2024

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2025 and were signed by:

Mr J A Clements - Director

M&W PROPERTY SALES LTD (REGISTERED NUMBER: 09082292)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| M&W Property Sales 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.

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.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| TANGIBLE FIXED ASSETS

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Short leasehold - 10% on cost

| Plant and machinery - 25% on reducing balance

| Computer equipment - 33% on cost

| Fixture and fittings - 25% on reducing balance

| TAXATION

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

| HIRE PURCHASE AND LEASING COMMITMENTS

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

| GOING CONCERN

| The financial statements have been prepared on a going concern basis unless it is inappropriate to presume that the company will continue in business.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 2 ) .

M&W PROPERTY SALES LTD (REGISTERED NUMBER: 09082292)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | Plant and |  | and |  | Computer |

| leasehold |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| Cost

| At 1 January 2024 |

| and 31 December 2024 | 47,661 |  | 4,020 |  | 583 |  | 4,368 |  | 56,632 |  |

| Depreciation

| At 1 January 2024 | 30,980 |  | 3,448 |  | 322 |  | 3,407 |  | 38,157 |  |

| Charge for year | 4,766 |  | 127 |  | 59 |  | 961 |  | 5,913 |  |

| At 31 December 2024 | 35,746 |  | 3,575 |  | 381 |  | 4,368 |  | 44,070 |  |

| Net book value

| At 31 December 2024 | 11,915 |  | 445 |  | 202 |  | - |  | 12,562 |  |

| At 31 December 2023 | 16,681 |  | 572 |  | 261 |  | 961 |  | 18,475 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other debtors | 242 |  | 750 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts (see note 8) | 6,000 |  | 14,928 |  |

| Trade creditors | 1,438 |  | 5,757 |  |

| Amounts owed to group undertakings | 91,561 |  | 89,237 |  |

| Taxation and social security | 34,661 |  | 34,743 |  |

| Other creditors | 1,234 |  | 1,622 |  |

134,894 |  | 146,287 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans (see note 8) | 2,500 |  | 9,570 |  |

M&W PROPERTY SALES LTD (REGISTERED NUMBER: 09082292)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

8. | LOANS

| An analysis of the maturity of loans is given below:

2024 | 2023 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank overdrafts | - |  | 8,928 |  |

| Bank loans | 6,000 |  | 6,000 |  |

6,000 |  | 14,928 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 2,500 |  | 9,570 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |