MVJ Capital Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01078849

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

MVJ CAPITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

Mrs A Pearcey

G V Pearcey

M Pearcey

SECRETARY:

Mrs M Pearcey

REGISTERED OFFICE:

19 Millwood

Lisvane

Cardiff

CF14 0TL

REGISTERED NUMBER:

01078849

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Tangible assets

5

20,366,525

20,367,436

Investments

6

140,266

84,160

20,506,791

20,451,596

CURRENT ASSETS

Debtors

7

1,300,484

2,090,972

Cash at bank

129,735

174,775

1,430,219

2,265,747

CREDITORS

Amounts falling due within one year

8

(746,671

)

(1,399,643

)

NET CURRENT ASSETS

683,548

866,104

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,190,339

21,317,700

CREDITORS

Amounts falling due after more than
one year

9

(9,762,039

)

(10,155,333

)

PROVISIONS FOR LIABILITIES

11

(22,106

)

(23,520

)

NET ASSETS

11,406,194

11,138,847

CAPITAL AND RESERVES

Called up share capital

12

310

Retained earnings

13

11,405,884

11,138,537

SHAREHOLDERS' FUNDS

11,406,194

11,138,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

M J Pearcey - Director

1.	STATUTORY INFORMATION

MVJ Capital Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The financial statements are prepared under the going concern basis. The directors believe this is appropriate as they believe that the company has the necessary resources at its disposal to meet its liabilities as they fall due.

The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of 12 months from the date of approval of these financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

5% on cost

Plant and machinery

-

15% on cost

No depreciation is provided in respect of Freehold property. This is not in accordance with FRS 15 'Tangible Fixed Assets'. The Freehold properties held by the company are not being depreciated as their residual values equate to the cost at which they are disclosed in the financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pensions

The company operates a defined contribution pension scheme. The assets of the scheme are held in a independently administered scheme.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

COST

At 1 May 2025

and 30 April 2026

20,364,655

14,537

20,379,192

DEPRECIATION

At 1 May 2025

-

11,756

Charge for year

-

911

At 30 April 2026

-

12,667

NET BOOK VALUE

At 30 April 2026

20,364,655

1,870

20,366,525

At 30 April 2025

20,364,655

2,781

20,367,436

6.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 May 2025

84,160

Additions

56,106

At 30 April 2026

140,266

NET BOOK VALUE

At 30 April 2026

140,266

At 30 April 2025

84,160

On 9 April 2026 the company acquired the entire share capital. of Meadow James 2 Limited, a company registered in England and Wales , also involved in letting and operating of own or leased real estate.This is included in the additions shown above.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Due from related parties

1,256,345

2,007,545

Prepayments

44,139

83,427

1,300,484

2,090,972

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Tax

86,659

182,810

Social security and other taxes

37,106

96,838

Other creditors

16,182

16,181

Directors' current accounts

573,074

1,072,074

Accrued expenses

33,650

31,740

746,671

1,399,643

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans - 2-5 years

3,602,738

3,711,646

Bank loans more 5 yr by instal

6,159,301

6,443,687

9,762,039

10,155,333

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,159,301

6,443,687

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

9,762,039

10,155,333

The above loans are secured on the freehold properties to which they relate.

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

22,106

23,520

Deferred

tax

£

Balance at 1 May 2025

23,520

charged to profit and loss

(1,414

)

account

Balance at 30 April 2026

22,106

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

300

Ordinary 'A'

£1

300

10

Ordinary 'B' - 'G'

£1

10

310

13.

RESERVES

Retained

earnings

£

At 1 May 2025

11,138,537

Profit for the year

267,347

At 30 April 2026

11,405,884

14.	CAPITAL COMMITMENTS

At the year end the company had no capital commitments.

15.	RELATED PARTY DISCLOSURES

The company made funds available to other related companies and at 30 April 2026 the following balances were owed to the company:

Millgrove North Limited

£535,000

P H G Residential Limited

£66,000

Meadow James Capital Limited

£162,892

Meadow James Holdings Limited

£446,000

16.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Pearcey.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MVJ Capital Limited for the year ended 30 April 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of MVJ Capital Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MVJ Capital Limited and state those matters that we have agreed to state to the Board of Directors of MVJ Capital Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MVJ Capital Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MVJ Capital Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MVJ Capital Limited. You consider that MVJ Capital Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MVJ Capital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

22 October 2026