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Company Registration No. 08077786 (England and Wales)
MW Building Specialists Ltd Unaudited accounts for the year ended 31 March 2023
MW Building Specialists Ltd Unaudited accounts Contents
Page
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MW Building Specialists Ltd Company Information for the year ended 31 March 2023
Director
Mark Wells
Company Number
08077786 (England and Wales)
Registered Office
6-8 Revenge Road Chatham Kent ME5 8UD
Accountants
SGS Accountants Limited 257A City Way Rochester Kent ME1 2TL
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MW Building Specialists Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,014 
4,018 
Current assets
Debtors
15,421 
54,612 
Cash at bank and in hand
1,114 
15,772 
16,535 
70,384 
Creditors: amounts falling due within one year
7,384 
(40,099)
Net current assets
23,919 
30,285 
Net assets
26,933 
34,303 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,833 
34,203 
Shareholders' funds
26,933 
34,303 
For the year ending 31 March 2023 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 19 October 2023 and were signed on its behalf by
Mark Wells Director Company Registration No. 08077786
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MW Building Specialists Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
MW Building Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 08077786. The registered office is 6-8 Revenge Road, Chatham, Kent, ME5 8UD.
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:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2022
23,403 
At 31 March 2023
23,403 
Depreciation
At 1 April 2022
19,385 
Charge for the year
1,004 
At 31 March 2023
20,389 
Net book value
At 31 March 2023
3,014 
At 31 March 2022
4,018 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
35,421 
10,984 
Other debtors
(20,000)
43,628 
15,421 
54,612 
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MW Building Specialists Ltd Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
5,646 
31,770 
Loans from directors
(14,430)
5,779 
Accruals
1,400 
2,550 
(7,384)
40,099 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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