MLW Developments Limited - Filleted accounts

Registered number

11830552

MLW Developments Limited

Filleted Accounts

28 August 2025

MLW Developments Limited
Registered number:		11830552
Balance Sheet
as at 28 August 2025

Notes			2025			2024
£				£
Fixed assets
Investment property	3		189,959			-

Current assets
Debtors	4	-			100
Cash at bank and in hand		5,882			-
		5,882			100

Creditors: amounts falling due within one year	5	(94,203)			-

Net current (liabilities)/assets			(88,321)			100

Total assets less current liabilities			101,638			100

Creditors: amounts falling due after more than one year	6		(98,516)			-



Net assets			3,122			100

Capital and reserves
Share premium			100			100
Revaluation reserve	7		25,791			-
Profit and loss account			(22,769)			-

Shareholders' funds			3,122			100

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Michael Walters
Director
Approved by the board on 15 December 2025

MLW Developments Limited
Notes to the Accounts
for the period from 1 March 2024 to 28 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
								Investment property
£
	Cost
	Additions							164,168
	Surplus on revaluation							25,791
	At 28 August 2025							189,959

	Depreciation
	At 28 August 2025							-

	Net book value
	At 28 August 2025							189,959
	16 The crescent was revalued during the year to £189,959. The revaluation increase of £25,791 has been credited to the Revaluation Reserve. Future depreciation will be based on the revalued amount.


4	Debtors					2025		2024
£							£

	Other debtors					-		100


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Other creditors					94,203		-


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					98,516		-


7	Revaluation reserve					2025		2024
£							£

	Gain on revaluation of investment property					25,791		-

	At 28 August 2025					25,791		-


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr Michael Walters
	Loan from Director	(100)		(16,889)		110,024		93,035

		(100)		(16,889)		110,024		93,035


9	Other information

	MLW Developments Limited is a private company limited by shares and incorporated in England. Its registered office is:
	32 Goddard Court
	Mapperley Plains
	Nottingham
	Nottinghamshire
	NG3 5RP