REGISTERED NUMBER: 09082292 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

M&W PROPERTY SALES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

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

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

)

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

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 ) .

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

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