0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 360,650 360,650 360,650 xbrli:pure xbrli:shares iso4217:GBP 11141338 2024-12-01 2025-11-30 11141338 2025-11-30 11141338 2024-11-30 11141338 2023-12-01 2024-11-30 11141338 2024-11-30 11141338 2023-11-30 11141338 bus:Director2 2024-12-01 2025-11-30 11141338 core:AfterOneYear 2025-11-30 11141338 core:AfterOneYear 2024-11-30 11141338 core:ShareCapital 2025-11-30 11141338 core:ShareCapital 2024-11-30 11141338 core:LandBuildings core:OwnedOrFreeholdAssets 2025-11-30 11141338 core:LandBuildings core:OwnedOrFreeholdAssets 2024-11-30 11141338 bus:SmallEntities 2024-12-01 2025-11-30 11141338 bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 11141338 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 11141338 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 11141338 bus:FullAccounts 2024-12-01 2025-11-30
COMPANY REGISTRATION NUMBER: 11141338

Mito Developments (SW) Ltd

Filleted Unaudited Financial Statements

30 November 2025

Mito Developments (SW) Ltd

Statement of Financial Position

30 November 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 4 | 360,650 | 360,650

Current assets

Debtors | 5 | 2 | 2
| ---- | ----
Net current assets | 2 | 2
| --------- | ---------
Total assets less current liabilities | 360,652 | 360,652

Creditors: amounts falling due after more than one year | 6 | 360,650 | 360,650
| --------- | ---------
Net assets | 2 | 2
| --------- | ---------

Capital and reserves

Called up share capital | 2 | 2
| ---- | ----
Shareholders funds | 2 | 2
| ---- | ----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 20 February 2026 , and are signed on behalf of the board by:

Mr M Wilding
Director

Company registration number: 11141338

Mito Developments (SW) Ltd

Notes to the Financial Statements

Year ended 30 November 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Ty Coch Way, Cwmbran, NP44 7HB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Tangible assets

| Freehold property
| £
Cost |
At 1 December 2024 and 30 November 2025 | 360,650
| ---------
Depreciation |
At 1 December 2024 and 30 November 2025 | –
| ---------
Carrying amount |
At 30 November 2025 | 360,650
| ---------
At 30 November 2024 | 360,650
| ---------

5. Debtors

| 2025 | 2024
| £ | £
Other debtors | 2 | 2
| ---- | ----

6. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other creditors | 360,650 | 360,650
| --------- | ---------

7. Directors' advances, credits and guarantees
The directors operates a current loan account with the company, which is debited with payments made by the company on behalf of the directors and credited with funds introduced and undrawn director's fees. At the year end, the amount outstanding from the director was £2 (2024: £2 ); this amount being included in debtors: amounts falling within one year.