MEWS PROPERTIES LTD


Director	CROWE, Simon Paul


Company Secretary	FRANCIS, Jaqueline Ellen


Registered Address	Cwm Nant
	Tregaron
	Dyfed
	SY25 6NL


Registered Number	04282207 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		760,000		1,175,000
			760,000		1,175,000
Current assets
Debtors	4	3,209		3,200
Cash at bank and on hand		97,132		52,053
		100,341		55,253
Creditors amounts falling due within one year	5	(13,479)		(32,027)
Net current assets (liabilities)			86,862		23,226
Total assets less current liabilities			846,862		1,198,226
Creditors amounts falling due after one year	6		-		(41,609)
Provisions for liabilities	7		-		(27,623)
Net assets			846,862		1,128,994
Capital and reserves
Called up share capital			4		4
Profit and loss account			846,858		1,128,990
Shareholders' funds			846,862		1,128,994

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 Director acknowledges 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 Director on 29 May 2026, and are signed on its behalf by:

CROWE, Simon Paul
Director
Registered Company No. 04282207

MEWS PROPERTIES LTD

Notes to the Financial Statements
for the year ended 30 September 2025

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	The financial statements have been prepared on a going concern basis.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	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.

Deferred tax

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.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property
	Investment property has been valued based on the directors consideration of fair value.


		£
	Fair value at 01 October 24	1,175,000
	Disposals	(140,000)
	Fair value adjustments	(275,000)
	At 30 September 25	760,000

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,714	400
Other debtors	495	-
Prepayments and accrued income	-	2,800
Total	3,209	3,200

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,585	1,302
Bank borrowings and overdrafts	315	21,206
Taxation and social security	7,123	8,360
Other creditors	1,294	30
Accrued liabilities and deferred income	1,162	1,129
Total	13,479	32,027

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	41,609
Total	-	41,609

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	-	27,623
Total	-	27,623