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Company Registration No. 13895017 (England and Wales)
Mei Wah Property Management Ltd Unaudited accounts for the year ended 28 February 2025
Mei Wah Property Management Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Mei Wah Property Management Ltd Company Information for the year ended 28 February 2025
Directors
Colin David Chiu Geoff Chiu
Company Number
13895017 (England and Wales)
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Mei Wah Property Management Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
215,000
215,000
Current assets
Cash at bank and in hand
16,451
4,829
Creditors: amounts falling due within one year
5
(208,322)
(207,804)
Net current liabilities
(191,871)
(202,975)
Net assets
23,129
12,025
Capital and reserves
Called up share capital
100
100
Profit and loss account
23,029
11,925
Shareholders' funds
23,129
12,025
For the year ending 28 February 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by
Geoff Chiu Director Company Registration No. 13895017
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Mei Wah Property Management Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Mei Wah Property Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 13895017.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 March 2024
215,000
At 28 February 2025
215,000
Depreciation
At 28 February 2025
-
Net book value
At 28 February 2025
215,000
At 29 February 2024
215,000
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
2,605
2,086
Loans from directors
205,357
205,358
Accruals
360
360
208,322
207,804
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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