Company Registration No. 11734924 (England and Wales)
Murex Developments Limited
Unaudited accounts
for the year ended 31 March 2025
Murex Developments Limited
Unaudited accounts
Contents
Murex Developments Limited
Company Information
for the year ended 31 March 2025
Directors
Hon M Samuel
H Wyndham
S Ellam
Company Number
11734924 (England and Wales)
Registered Office
Sydeham Farm
Rackenford
Tiverton
Devon
EX16 8ER
Accountants
EllamWalker Accountants Ltd
Sydeham Farm
Rackenford
Tiverton
Devon
EX16 8ER
Murex Developments Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
1
100
Creditors: amounts falling due within one year
(251,678)
(171,165)
Net current liabilities
(3,412)
(2,800)
Net liabilities
(3,312)
(2,700)
Called up share capital
100
100
Profit and loss account
(3,412)
(2,800)
Shareholders' funds
(3,312)
(2,700)
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 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 15 December 2025 and were signed on its behalf by
S Ellam
Director
Company Registration No. 11734924
Murex Developments Limited
Notes to the Accounts
for the year ended 31 March 2025
Murex Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 11734924. The registered office is Sydeham Farm, Rackenford, Tiverton, Devon, EX16 8ER.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 April 2024
100
Valuation at 31 March 2025
100
Ballykenny Solar Ltd
Nature of business: Production of electricity
60% holding of ordinary share capital
Loan to Ballykenny Solar Ltd - 2025 - £248,265 (2024 - £168,265)
Aggregate capital and reserves - 2025 - (£33,383) (2024 - (£22,666))
Profit/ (loss) for the year - 2025 - (£10,717) (2024 - (£6,714))
Amounts falling due within one year
Amounts due from group undertakings etc.
248,265
168,265
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
248,664
168,665
Murex Developments Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
The parent company loan of £248,664 (2024 - £168,665) included in creditors due within one year is a loan from Murex Energy Ltd. The Hon MJ Samuel, the Hon HHP Wyndham and SD Ellam are all directors of this company.
The loan to the subsidiary company of £248,265 (2024 - £168,265) included in debtors is a loan to Ballykenny Solar Ltd. The Hon MJ Samuel, the Hon HHP Wyndham and SD Ellam are all directors of this company.
Murex Energy Ltd is the ultimate controlling company, also registered at Mells Park House, Mells Park, Mells, Frome, BA11 3QB. This company is incorporated in the United Kingdom.
The ultimate controlling party is Hon MJ Samuel.
The parent company is exempt from preparing group accounts as it is a small group.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).