Modev Developments Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 10661987

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	28,542		36,527
Cash at bank and in hand		17		22

		28,559		36,549
Creditors: Amounts Falling Due Within One Year	6	(7,173 )		(7,172 )

NET CURRENT ASSETS (LIABILITIES)			21,386		29,377

TOTAL ASSETS LESS CURRENT LIABILITIES			21,386		29,377

Creditors: Amounts Falling Due After More Than One Year	7		(31,538 )		(38,381 )

NET LIABILITIES			(10,152 )		(9,004 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(10,154 )		(9,006 )

SHAREHOLDERS' FUNDS			(10,152)		(9,004)

For the year ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J S Athwal

Director

9 December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Modev Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10661987 . The registered office is Wendover, Radford Lane, Lower Penn, Wolverhampton, WV4 4XW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 31 March 2024	415

As at 30 March 2025	415

Depreciation
As at 31 March 2024	415

As at 30 March 2025	415

Net Book Value
As at 30 March 2025	-

As at 31 March 2024	-

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,000	12,000
Other debtors	16,542	24,527

	28,542	36,527

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	6,672	6,672
Other creditors	501	500

	7,173	7,172

Page 2

Page 3

Modev Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 March 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	31,538	38,381

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2