PTP Accounts Production v23.2.0.158 11787535 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117875352022-01-31117875352023-01-31117875352022-02-012023-01-31117875352021-01-31117875352021-02-012022-01-31117875352022-01-3111787535ns10:Originalns15:EnglandWales2022-02-012023-01-3111787535ns14:PoundSterlingns10:Original2022-02-012023-01-3111787535ns10:Originalns10:Director12022-02-012023-01-3111787535ns10:Original2022-02-012023-01-3111787535ns10:Original2023-01-3111787535ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3111787535ns10:Originalns10:SmallEntities2022-02-012023-01-3111787535ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3111787535ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3111787535ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3111787535ns10:Originalns10:FullAccounts2022-02-012023-01-3111787535ns10:Originalns10:OrdinaryShareClass12022-02-012023-01-3111787535ns10:Originalns10:Director22022-02-012023-01-3111787535ns10:Originalns10:RegisteredOffice2022-02-012023-01-3111787535ns10:Original2022-01-3111787535ns10:Originalns5:CurrentFinancialInstruments2023-01-3111787535ns10:Originalns5:CurrentFinancialInstruments2022-01-3111787535ns5:ShareCapitalns10:Original2023-01-3111787535ns5:ShareCapitalns10:Original2022-01-3111787535ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3111787535ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3111787535ns10:Originalns5:PlantMachinery2022-02-012023-01-3111787535ns10:Originalns5:ComputerEquipment2022-02-012023-01-3111787535ns10:Original2021-02-012022-01-3111787535ns10:Originalns5:PlantMachinery2022-01-3111787535ns10:Originalns5:ComputerEquipment2022-01-3111787535ns10:Original2022-01-3111787535ns10:Originalns5:PlantMachinery2023-01-3111787535ns10:Originalns5:ComputerEquipment2023-01-3111787535ns10:Originalns5:PlantMachinery2022-01-3111787535ns10:Originalns5:ComputerEquipment2022-01-3111787535ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3111787535ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3111787535ns10:Originalns10:OrdinaryShareClass12023-01-31
REGISTERED NUMBER: 11787535 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

MSW MECHANICAL SOLUTIONS LIMITED

MSW MECHANICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 11787535)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MSW MECHANICAL SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: M Walton
Mrs S Walton





REGISTERED OFFICE: 21 Hollowgate
Rotherham
South Yorkshire
S65 3QQ





REGISTERED NUMBER: 11787535 (England and Wales)





ACCOUNTANTS: Drury & Co
Accountants & Business Advisors
21 Hollowgate
Rotherham
South Yorkshire
S60 2LE

MSW MECHANICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 11787535)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,589 17,347

CURRENT ASSETS
Stocks 5 6,857 -
Debtors 6 5,779 3,466
Cash at bank 1,781 6,933
14,417 10,399
CREDITORS
Amounts falling due within one year 7 40,462 34,671
NET CURRENT LIABILITIES (26,045 ) (24,272 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,456

)

(6,925

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (9,556 ) (7,025 )
SHAREHOLDERS' FUNDS (9,456 ) (6,925 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 10 October 2023 and were signed on its behalf by:





M Walton - Director


MSW MECHANICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 11787535)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

MSW Mechanical Solutions 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 (2022 - 3 ) .

MSW MECHANICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 11787535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2022 23,893 1,732 25,625
Additions 2,001 661 2,662
At 31 January 2023 25,894 2,393 28,287
DEPRECIATION
At 1 February 2022 7,495 783 8,278
Charge for year 2,789 631 3,420
At 31 January 2023 10,284 1,414 11,698
NET BOOK VALUE
At 31 January 2023 15,610 979 16,589
At 31 January 2022 16,398 949 17,347

5. STOCKS
2023 2022
£    £   
Work-in-progress 6,857 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,889 2,100
Other debtors 890 1,366
5,779 3,466

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 839 -
Other creditors 39,623 34,671
40,462 34,671

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

MSW MECHANICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 11787535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date, the company was indebted to the director in the sum of £38,718 (2022: £33,846).

There are no formal repayment terms attached to this loan and interest is not being charged.