2024-03-01 2025-02-28 2025-02-28 false 11225000 MDM PROPERTY LTD 2025-11-10 41201 false iso4217:GBP xbrli:pure 11225000 2024-02-29 11225000 2025-02-28 11225000 2024-03-01 2025-02-28 11225000 2023-02-28 11225000 2024-02-29 11225000 2023-03-01 2024-02-29 11225000 bus:SmallEntities 2024-03-01 2025-02-28 11225000 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11225000 bus:FullAccounts 2024-03-01 2025-02-28 11225000 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11225000 core:WithinOneYear 2025-02-28 11225000 core:AfterOneYear 2025-02-28 11225000 core:WithinOneYear 2024-02-29 11225000 core:AfterOneYear 2024-02-29 11225000 core:ShareCapital 2025-02-28 11225000 core:SharePremium 2025-02-28 11225000 core:RevaluationReserve 2025-02-28 11225000 core:OtherReservesSubtotal 2025-02-28 11225000 core:RetainedEarningsAccumulatedLosses 2025-02-28 11225000 core:ShareCapital 2024-02-29 11225000 core:SharePremium 2024-02-29 11225000 core:RevaluationReserve 2024-02-29 11225000 core:OtherReservesSubtotal 2024-02-29 11225000 core:RetainedEarningsAccumulatedLosses 2024-02-29 11225000 core:LandBuildings 2025-02-28 11225000 core:PlantMachinery 2025-02-28 11225000 core:Vehicles 2025-02-28 11225000 core:FurnitureFittings 2025-02-28 11225000 core:OfficeEquipment 2025-02-28 11225000 core:NetGoodwill 2025-02-28 11225000 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 11225000 core:ListedExchangeTraded 2025-02-28 11225000 core:UnlistedNon-exchangeTraded 2025-02-28 11225000 core:LandBuildings 2024-02-29 11225000 core:PlantMachinery 2024-02-29 11225000 core:Vehicles 2024-02-29 11225000 core:FurnitureFittings 2024-02-29 11225000 core:OfficeEquipment 2024-02-29 11225000 core:NetGoodwill 2024-02-29 11225000 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 11225000 core:ListedExchangeTraded 2024-02-29 11225000 core:UnlistedNon-exchangeTraded 2024-02-29 11225000 core:LandBuildings 2024-03-01 2025-02-28 11225000 core:PlantMachinery 2024-03-01 2025-02-28 11225000 core:Vehicles 2024-03-01 2025-02-28 11225000 core:FurnitureFittings 2024-03-01 2025-02-28 11225000 core:OfficeEquipment 2024-03-01 2025-02-28 11225000 core:NetGoodwill 2024-03-01 2025-02-28 11225000 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 11225000 core:ListedExchangeTraded 2024-03-01 2025-02-28 11225000 core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 11225000 core:MoreThanFiveYears 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments 2025-02-28 11225000 core:Non-currentFinancialInstruments 2024-02-29 11225000 dpl:CostSales 2024-03-01 2025-02-28 11225000 dpl:DistributionCosts 2024-03-01 2025-02-28 11225000 core:LandBuildings 2024-03-01 2025-02-28 11225000 core:PlantMachinery 2024-03-01 2025-02-28 11225000 core:Vehicles 2024-03-01 2025-02-28 11225000 core:FurnitureFittings 2024-03-01 2025-02-28 11225000 core:OfficeEquipment 2024-03-01 2025-02-28 11225000 dpl:AdministrativeExpenses 2024-03-01 2025-02-28 11225000 core:NetGoodwill 2024-03-01 2025-02-28 11225000 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 11225000 dpl:GroupUndertakings 2024-03-01 2025-02-28 11225000 dpl:ParticipatingInterests 2024-03-01 2025-02-28 11225000 dpl:GroupUndertakings core:ListedExchangeTraded 2024-03-01 2025-02-28 11225000 core:ListedExchangeTraded 2024-03-01 2025-02-28 11225000 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 11225000 core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 11225000 dpl:CostSales 2023-03-01 2024-02-29 11225000 dpl:DistributionCosts 2023-03-01 2024-02-29 11225000 core:LandBuildings 2023-03-01 2024-02-29 11225000 core:PlantMachinery 2023-03-01 2024-02-29 11225000 core:Vehicles 2023-03-01 2024-02-29 11225000 core:FurnitureFittings 2023-03-01 2024-02-29 11225000 core:OfficeEquipment 2023-03-01 2024-02-29 11225000 dpl:AdministrativeExpenses 2023-03-01 2024-02-29 11225000 core:NetGoodwill 2023-03-01 2024-02-29 11225000 core:IntangibleAssetsOtherThanGoodwill 2023-03-01 2024-02-29 11225000 dpl:GroupUndertakings 2023-03-01 2024-02-29 11225000 dpl:ParticipatingInterests 2023-03-01 2024-02-29 11225000 dpl:GroupUndertakings core:ListedExchangeTraded 2023-03-01 2024-02-29 11225000 core:ListedExchangeTraded 2023-03-01 2024-02-29 11225000 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-29 11225000 core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-29 11225000 core:NetGoodwill 2025-02-28 11225000 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 11225000 core:LandBuildings 2025-02-28 11225000 core:PlantMachinery 2025-02-28 11225000 core:Vehicles 2025-02-28 11225000 core:FurnitureFittings 2025-02-28 11225000 core:OfficeEquipment 2025-02-28 11225000 core:AfterOneYear 2025-02-28 11225000 core:WithinOneYear 2025-02-28 11225000 core:ListedExchangeTraded 2025-02-28 11225000 core:UnlistedNon-exchangeTraded 2025-02-28 11225000 core:ShareCapital 2025-02-28 11225000 core:SharePremium 2025-02-28 11225000 core:RevaluationReserve 2025-02-28 11225000 core:OtherReservesSubtotal 2025-02-28 11225000 core:RetainedEarningsAccumulatedLosses 2025-02-28 11225000 core:NetGoodwill 2024-02-29 11225000 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 11225000 core:LandBuildings 2024-02-29 11225000 core:PlantMachinery 2024-02-29 11225000 core:Vehicles 2024-02-29 11225000 core:FurnitureFittings 2024-02-29 11225000 core:OfficeEquipment 2024-02-29 11225000 core:AfterOneYear 2024-02-29 11225000 core:WithinOneYear 2024-02-29 11225000 core:ListedExchangeTraded 2024-02-29 11225000 core:UnlistedNon-exchangeTraded 2024-02-29 11225000 core:ShareCapital 2024-02-29 11225000 core:SharePremium 2024-02-29 11225000 core:RevaluationReserve 2024-02-29 11225000 core:OtherReservesSubtotal 2024-02-29 11225000 core:RetainedEarningsAccumulatedLosses 2024-02-29 11225000 core:NetGoodwill 2023-02-28 11225000 core:IntangibleAssetsOtherThanGoodwill 2023-02-28 11225000 core:LandBuildings 2023-02-28 11225000 core:PlantMachinery 2023-02-28 11225000 core:Vehicles 2023-02-28 11225000 core:FurnitureFittings 2023-02-28 11225000 core:OfficeEquipment 2023-02-28 11225000 core:AfterOneYear 2023-02-28 11225000 core:WithinOneYear 2023-02-28 11225000 core:ListedExchangeTraded 2023-02-28 11225000 core:UnlistedNon-exchangeTraded 2023-02-28 11225000 core:ShareCapital 2023-02-28 11225000 core:SharePremium 2023-02-28 11225000 core:RevaluationReserve 2023-02-28 11225000 core:OtherReservesSubtotal 2023-02-28 11225000 core:RetainedEarningsAccumulatedLosses 2023-02-28 11225000 core:AfterOneYear 2024-03-01 2025-02-28 11225000 core:WithinOneYear 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:CostValuation 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 11225000 core:Non-currentFinancialInstruments core:CostValuation 2025-02-28 11225000 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-02-28 11225000 core:Non-currentFinancialInstruments core:CostValuation 2024-02-29 11225000 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-02-29 11225000 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-02-29 11225000 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-02-29 11225000 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-02-29 11225000 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-02-29 11225000 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-02-29 11225000 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-02-29 11225000 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-02-29 11225000 bus:Director1 2024-03-01 2025-02-28 11225000 bus:Director2 2024-03-01 2025-02-28 11225000 core:FurnitureFittingsToolsEquipment 2024-02-29 11225000 core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 11225000 core:FurnitureFittingsToolsEquipment 2025-02-28

MDM PROPERTY LTD

Registered Number
11225000
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2025

MDM PROPERTY LTD
Company Information
for the year from 1 March 2024 to 28 February 2025

Directors | EDGE, Philip Adam
| WASLEY, Mark James

Registered Address | Hazelbank Sandy Lane
| Antrobus
| Northwich
| CW9 6NU

Registered Number | 11225000 (England and Wales)

MDM PROPERTY LTD
Balance Sheet as at
28 February 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Called up share capital not paid |  |  |  | 200 |  |  |  | 200
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 13,381 |  |  |  | 17,139
Investment property | 4 |  |  | 1,527,000 |  |  |  | 1,527,000
|  |  |  | 1,540,381 |  |  |  | 1,544,139
Current assets |  |  |  |  |  |  |  |
Debtors |  | 32,629 |  |  |  | 41,540 |  |
Cash at bank and on hand |  | - |  |  |  | 215 |  |
|  | 32,629 |  |  |  | 41,755 |  |
Creditors amounts falling due within one year | 5 | (246,077) |  |  |  | (227,573) |  |
Net current assets (liabilities) |  |  |  | (213,248) |  |  |  | (185,618)
Total assets less current liabilities |  |  |  | 1,327,133 |  |  |  | 1,358,521
Creditors amounts falling due after one year | 6 |  |  | (1,057,997) |  |  |  | (1,059,967)
Provisions for liabilities | 7 |  |  | (63,250) |  |  |  | (63,250)
Net assets |  |  |  | 205,886 |  |  |  | 235,304
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 200 |  |  |  | 200
Other reserves |  |  |  | 430,998 |  |  |  | 346,879
Profit and loss account |  |  |  | (225,312) |  |  |  | (111,775)
Shareholders' funds |  |  |  | 205,886 |  |  |  | 235,304

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 10 November 2025, and are signed on its behalf by:
WASLEY, Mark James Director Registered Company No. 11225000

MDM PROPERTY LTD
Notes to the Financial Statements
for the year ended 28 February 2025

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Revenue from rendering of services
--- | ---
| Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

| 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.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Straight Line 5 years

|  | Straight line (years)
| Fixtures and fittings | 5

| Investment property
--- | ---
| Investment properties are initially included at cost of purchased investment property and directly attributable expenditure. Investment properties are included in the balance sheet at fair value at the balance sheet date. Revaluation gains are recognised in the income statement. The gains are held in a non-distributable fair value reserve going forward. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. | Average number of employees
--- | ---
| The average number of employees in the year includes directors. The directors were not remunerated.

|  | 2025 |  | 2024
| Average number of employees during the year | 3 |  | 2

3. | Tangible fixed assets
--- | ---

|  | Fixtures & fittings |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 March 24 | 21,951 |  | 21,951
| Additions | 758 |  | 758
| At 28 February 25 | 22,709 |  | 22,709
| Depreciation and impairment
| At 01 March 24 | 4,812 |  | 4,812
| Charge for year | 4,516 |  | 4,516
| At 28 February 25 | 9,328 |  | 9,328
| Net book value
| At 28 February 25 | 13,381 |  | 13,381
| At 29 February 24 | 17,139 |  | 17,139

4. | Investment property
--- | ---

|  | £
| Fair value at 01 March 24 | 1,527,000
| At 28 February 25 | 1,527,000

5. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 3,124 |  | 350
| Bank borrowings and overdrafts | 2,065 |  | 953
| Amounts owed to related parties | 238,633 |  | 225,870
| Other creditors | 409 |  | 400
| Accrued liabilities and deferred income | 1,846 |  | -
| Total | 246,077 |  | 227,573

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 1,057,997 |  | 1,059,967
| Total | 1,057,997 |  | 1,059,967

| A bounce back loan was taken out in May 2020 totalling £8,580. The carrying value at year end was £5,005 (2024: £5,958). The final repayment is due May 2026.

7. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 63,250 |  | 63,250
| Total | 63,250 |  | 63,250