REGISTERED NUMBER: 14580586 (England and Wales)

MOWBECK DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A J Pledge

T R Ward

REGISTERED OFFICE:

Bleak House

Caythorpe Heath

Grantham

Lincolnshire

NG32 3EY

REGISTERED NUMBER:

14580586 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

FIXED ASSETS

Investment property

4

301,992

100,000

CURRENT ASSETS

Debtors

5

4,980

68,776

Cash at bank

1,046

873

6,026

69,649

CREDITORS

Amounts falling due within one year

6

288,906

156,810

NET CURRENT LIABILITIES

(282,880

)

(87,161

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,112

12,839

PROVISIONS FOR LIABILITIES

2,848

2,848

NET ASSETS

16,264

9,991

CAPITAL AND RESERVES

Called up share capital

7

100

100

Fair value reserve

8

8,543

8,543

Retained earnings

7,621

1,348

SHAREHOLDERS' FUNDS

16,264

9,991

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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:

T R Ward - Director

1.	STATUTORY INFORMATION

Mowbeck Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

100,000

Additions

201,992

At 31 January 2026

301,992

NET BOOK VALUE

At 31 January 2026

301,992

At 31 January 2025

100,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2025

11,391

Cost

290,601

301,992

The investment propertIes were valued by the directors at 31 January 2026 by considering cost and the fair values of recent, comparable property sales in the local area.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

4,980

68,776

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

1,471

384

Directors' current accounts

286,285

155,346

Accruals and deferred income

1,150

1,080

288,906

156,810

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

90

Ordinary A

£1

90

90

10

Ordinary B

£1

10

10

100

100

8.

RESERVES

The aggregate surplus on the fair value gain on investment properties, net of deferred tax, is transferred to a separate non-distributable fair value reserve in order to assist with the identification of profits available for distribution.