1 January 2025 false No description of principal activity Taxfiler 2024.6 09341324business:PrivateLimitedCompanyLtd2025-01-012025-12-31 093413242024-12-31 093413242025-01-012025-12-31 09341324business:AuditExempt-NoAccountantsReport2025-01-012025-12-31 09341324business:FilletedAccounts2025-01-012025-12-31 093413242025-12-31 09341324business:Director12025-01-012025-12-31 09341324business:RegisteredOffice2025-01-012025-12-31 093413242024-12-31 09341324core:WithinOneYear2025-12-31 09341324core:WithinOneYear2024-12-31 09341324core:AfterOneYear2025-12-31 09341324core:AfterOneYear2024-12-31 09341324core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 09341324core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 09341324core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 09341324core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09341324core:PreviouslyStatedAmount2025-12-31 09341324core:PreviouslyStatedAmount2024-12-31 09341324business:SmallEntities2025-01-012025-12-31 09341324countries:EnglandWales2025-01-012025-12-31 09341324core:LandBuildings2024-12-31 09341324core:LandBuildings2025-12-31 093413242024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09341324 (England and Wales)
MX DEVELOPMENTS LIMITED Unaudited accounts for the year ended 31 December 2025
MX DEVELOPMENTS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MX DEVELOPMENTS LIMITED Company Information for the year ended 31 December 2025
Director
Mr Mehtab Asghar
Company Number
09341324 (England and Wales)
Registered Office
4 ORMES MEADOW OWLTHORPE SHEFFIELD S20 6TE ENGLAND
Accountants
Abacus Accounting Services 66 Abbeydale Rd Sheffield S7 1FD
- 3 -
MX DEVELOPMENTS LIMITED Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,250,615 
1,250,615 
Current assets
Cash at bank and in hand
656 
6,783 
Creditors: amounts falling due within one year
5
(19,371)
(20,701)
Net current liabilities
(18,715)
(13,918)
Total assets less current liabilities
1,231,900 
1,236,697 
Creditors: amounts falling due after more than one year
6
(855,191)
(908,210)
Net assets
376,709 
328,487 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
376,708 
328,486 
Shareholders' funds
376,709 
328,487 
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 September 2026 and were signed on its behalf by
Mr Mehtab Asghar Director Company Registration No. 09341324
- 4 -
MX DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
MX DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09341324. The registered office is 4 ORMES MEADOW, OWLTHORPE, SHEFFIELD, S20 6TE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2025
1,250,615 
At 31 December 2025
1,250,615 
Depreciation
At 31 December 2025
- 
Net book value
At 31 December 2025
1,250,615 
At 31 December 2024
1,250,615 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,059 
6,017 
Taxes and social security
11,312 
9,704 
Loans from directors
- 
(20)
Accruals
5,000 
5,000 
19,371 
20,701 
- 5 -
MX DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
286,000 
286,000 
Loans from directors
569,191 
622,210 
855,191 
908,210 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -