REGISTERED NUMBER: 04631044 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

M.K. DEVELOPMENTS (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Z Ahmed

I Ahmed

F Ahmed

R Ahmed

REGISTERED OFFICE:

Office 1 Rochdale Suzuki

MK Business Park

Crawford Street

Rochdale

0L16 5SA

REGISTERED NUMBER:

04631044 (England and Wales)

ACCOUNTANTS:

Streets Turner Limited

Chartered Accountants

9 Victoria Rd

Fulwood

Preston

Lancashire

PR2 8ND

FIXED ASSETS

Tangible assets

4

2,584,131

2,447,118

CURRENT ASSETS

Debtors

5

897

813

Cash at bank

17,466

46,111

18,363

46,924

CREDITORS

Amounts falling due within one year

6

163,457

153,077

NET CURRENT LIABILITIES

(145,094

)

(106,153

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,439,037

2,340,965

CREDITORS

Amounts falling due after more than one year

7

(458,061

)

(423,974

)

PROVISIONS FOR LIABILITIES

(273,603

)

(273,603

)

NET ASSETS

1,707,373

1,643,388

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

1,440,014

1,440,014

Retained earnings

267,259

203,274

SHAREHOLDERS' FUNDS

1,707,373

1,643,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 31 October 2025 and were signed on its behalf by:

Z Ahmed - Director

1.	STATUTORY INFORMATION

M.K. Developments (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.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 February 2024

2,447,118

-

2,447,118

Additions

127,605

9,800

137,405

At 31 January 2025

2,574,723

9,800

2,584,523

DEPRECIATION

Charge for year

-

392

392

At 31 January 2025

-

392

392

NET BOOK VALUE

At 31 January 2025

2,574,723

9,408

2,584,131

At 31 January 2024

2,447,118

-

2,447,118

Cost or valuation at 31 January 2025 is represented by:

Land and

buildings

£

Valuation in 2023

2,400,000

Valuation in 2024

47,118

Valuation in 2025

141,728

2,588,846

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

2,447,118

Additions

127,605

2,574,723

CLIENT SCREEN TOTAL

=

2,588,846

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

PLANT AND MACHINERY

'COST' ACCOUNT TOTAL

Additions

9,800

9,800

CLIENT SCREEN TOTAL

=

-

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,200,779

1,059,321

Freehold land and buildings were valued on an open market basis on 31 January 2024 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

897

813

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

20,000

20,000

Taxation and social security

41,907

38,398

Other creditors

101,550

94,679

163,457

153,077

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to associates

12,101

32,101

Other creditors

445,960

391,873

458,061

423,974

8.

RESERVES

Revaluation

reserve

£

At 1 February 2024

and 31 January 2025

1,440,014

9.	SHAREHOLDINGS

The shareholders of the company are as follows:

Z Ahmed

I Ahmed

N Ahmed

F Ahmed

10.	RELATED PARTY DISCLOSURES

The directors of the company are also directors of MK Automobiles Limited. MK Automobiles Ltd is a tenant in one of the properties owned by M.K. Developments (UK) Limited.

The balance due from MK Automobiles Limited at the year end, is £2,898 (2024 - owed to £32,101).

During the year a loan was in place from I Ahmed, a director of the company, to the company on an informal basis. At the year end the balance due to I Ahmed was £642 (2024 - £,642).

During the year a loan was in place from Z Ahmed, a director of the company, to the company on an informal basis. At the year end the balance due to Z Ahmed was £569 (2024 - £569).

During the year a loan was in place from F Ahmed, a director of the company, to the company on an informal basis. At the year end the balance due to F Ahmed was £642 (2024 - £642).