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REGISTERED NUMBER: NI651734 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

TMW AEROSPACE LTD

TMW AEROSPACE LTD (Registered number: NI651734)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


TMW AEROSPACE LTD

Company Information
for the Year Ended 31 March 2023







DIRECTOR: T Whelan



REGISTERED OFFICE: 105 Front Road
Lisburn
Co. Down
BT27 5JY



REGISTERED NUMBER: NI651734 (Northern Ireland)



ACCOUNTANTS: Henderson & Co
Chartered Certified Accountants
15 Killuney Drive
Armagh
Co. Armagh
BT60 1AY



BANKERS: HSBC Bank plc
8 Canada Square
London
E14 5HQ

TMW AEROSPACE LTD

Report of the Accountants to the Director of
TMW AEROSPACE LTD

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Henderson & Co
Chartered Certified Accountants
15 Killuney Drive
Armagh
Co. Armagh
BT60 1AY


22 November 2023

TMW AEROSPACE LTD (Registered number: NI651734)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 778 864

CURRENT ASSETS
Debtors 5 3,946 5,238
Cash at bank 8,107 8,952
12,053 14,190
CREDITORS
Amounts falling due within one year 6 9,846 12,130
NET CURRENT ASSETS 2,207 2,060
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,985

2,924

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 8 2,975 2,914
SHAREHOLDERS' FUNDS 2,985 2,924

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TMW AEROSPACE LTD (Registered number: NI651734)

Balance Sheet - continued
31 March 2023


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 director and authorised for issue on 22 November 2023 and were signed by:





T Whelan - Director


TMW AEROSPACE LTD (Registered number: NI651734)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

TMW AEROSPACE LTD is a private company, limited by shares , registered in Northern Ireland. 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
The company is not registered for VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance

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 1 (2022 - 1 ) .

TMW AEROSPACE LTD (Registered number: NI651734)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022
and 31 March 2023 1,099
DEPRECIATION
At 1 April 2022 235
Charge for year 86
At 31 March 2023 321
NET BOOK VALUE
At 31 March 2023 778
At 31 March 2022 864

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 3,942 5,238
Other debtors 4 -
3,946 5,238

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax 9,089 9,298
Social security and other taxes 157 182
Directors' current accounts - 2,070
Accrued expenses 600 580
9,846 12,130

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
10 Ordinary 1 10 10

TMW AEROSPACE LTD (Registered number: NI651734)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. RESERVES
Retained
earnings
£   

At 1 April 2022 2,914
Profit for the year 38,661
Dividends (38,600 )
At 31 March 2023 2,975