MIZEN ( GWYNNE ROAD ) LIMITED

Registered Number
10037346
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

Company Information
for the year from 1 January 2024 to 31 December 2024


Director	TANSEY, Bernard Joseph


Company Secretary	TANSEY, Barry Bernard


Registered Address	No 1 Railshead Road
	St Margarets
	Old Isleworth
	TW7 7EP


Registered Number	10037346 (England and Wales)

MIZEN ( GWYNNE ROAD ) LIMITED

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investments	3		10		-
			10		-
Current assets
Stocks	4	676,091		1,392,134
Debtors	5	440,175		3,619
Cash at bank and on hand		765		1,478
		1,117,031		1,397,231
Creditors amounts falling due within one year	6	(1,737,615)		(1,922,438)
Net current assets (liabilities)			(620,584)		(525,207)
Total assets less current liabilities			(620,574)		(525,207)
Net assets			(620,574)		(525,207)
Capital and reserves
Called up share capital			2		2
Profit and loss account			(620,576)		(525,209)
Shareholders' funds			(620,574)		(525,207)

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 15 December 2025, and are signed on its behalf by:

TANSEY, Bernard Joseph
Director
Registered Company No. 10037346

MIZEN ( GWYNNE ROAD ) LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

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.

	Turnover policy
	Turnover represents gross income receivable, excluding VAT, on the sales of development properties. Profits and losses on the sale of development properties are recognised on the completion of contracts for sale.

	Finance costs
	Interest on borrowings is charged to the profit and loss account when incurred. Other finance costs are charged over the term of the debt.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value. Cost includes the purchase and subsequent expenditure specifically attributable to a development property.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	10	10
At 31 December 24	10	10
Net book value
At 31 December 24	10	10
At 31 December 23	-	-

	Notes
	¹Investments in group undertakings and participating interests

4.	Stocks

	2024	2023
	£	£
Work in progress	676,091	1,392,134
Total	676,091	1,392,134

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Amounts owed by group undertakings	433,517	-
Other debtors	2,956	17
Prepayments and accrued income	3,702	3,602
Total	440,175	3,619

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	15,029	4,816
Bank borrowings and overdrafts	-	2,550
Amounts owed to related parties	1,673,342	1,792,397
Other creditors	35,434	108,875
Accrued liabilities and deferred income	13,810	13,800
Total	1,737,615	1,922,438