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Company Registration No. 13293563 (England and Wales)
MDW Investments Ltd Unaudited accounts for the year ended 31 March 2025
MDW Investments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MDW Investments Ltd Company Information for the year ended 31 March 2025
Director
Mr M Wines
Company Number
13293563 (England and Wales)
Registered Office
5 Short Acre Basildon Essex SS14 2LR
Accountants
Beckett Taylor Limited 63-66 Hatton Garden London EC1N 8LE
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MDW Investments Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
661,500
661,500
Current assets
Cash at bank and in hand
1,042
13,805
Creditors: amounts falling due within one year
5
(164,583)
(178,294)
Net current liabilities
(163,541)
(164,489)
Total assets less current liabilities
497,959
497,011
Creditors: amounts falling due after more than one year
6
(416,600)
(416,600)
Provisions for liabilities
Deferred tax
(17,946)
(17,946)
Net assets
63,413
62,465
Capital and reserves
Called up share capital
1
1
Profit and loss account
63,412
62,464
Shareholders' funds
63,413
62,465
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 5 December 2025 and were signed on its behalf by
Mr M Wines Director Company Registration No. 13293563
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MDW Investments Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MDW Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13293563. The registered office is 5 Short Acre, Basildon, Essex, SS14 2LR.
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.
Turnover
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Investment property
2025
£
Fair value at 1 April 2024
661,500
At 31 March 2025
661,500
The fair value of the investment property has been arrived at on the basis of the directors' valuation at year-end.
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MDW Investments Ltd Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
163,633
177,344
Accruals
950
950
164,583
178,294
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
416,600
416,600
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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