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REGISTERED NUMBER: 01977585 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

MWB COMPUTING LIMITED

MWB COMPUTING LIMITED (REGISTERED NUMBER: 01977585)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 January 2024










Page

Company Information 1

Report of the Accountants 2

Abridged Balance Sheet 3

Notes to the Financial Statements 4


MWB COMPUTING LIMITED

Company Information
FOR THE YEAR ENDED 31 January 2024







DIRECTOR: Mr M W Boote





SECRETARY: Mrs D Boote





REGISTERED OFFICE: 1 Brempton Croft
Hilderstone
Stone
Staffordshire
ST15 8XL





REGISTERED NUMBER: 01977585 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

MWB COMPUTING LIMITED

Report of the Accountants to the Director of
MWB COMPUTING LIMITED


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 Abridged 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 January 2024 set out on pages three to five 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.






JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP


Date: .............................................

MWB COMPUTING LIMITED (REGISTERED NUMBER: 01977585)

Abridged Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 2,315 3,076

CURRENT ASSETS
Debtors 10,943 5,681
Cash at bank 29,137 22,166
40,080 27,847
CREDITORS
Amounts falling due within one year (32,909 ) (24,425 )
NET CURRENT ASSETS 7,171 3,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,486

6,498

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 9,484 6,496
SHAREHOLDERS' FUNDS 9,486 6,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 April 2024 and were signed by:



Mr M W Boote - Director


MWB COMPUTING LIMITED (REGISTERED NUMBER: 01977585)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 January 2024


1. STATUTORY INFORMATION

MWB COMPUTING 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. 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.

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.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

MWB COMPUTING LIMITED (REGISTERED NUMBER: 01977585)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 January 2024


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 24,238
Additions 1,166
At 31 January 2024 25,404
DEPRECIATION
At 1 February 2023 21,162
Charge for year 1,927
At 31 January 2024 23,089
NET BOOK VALUE
At 31 January 2024 2,315
At 31 January 2023 3,076

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

7. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £9,600 (2023 - £9,600)

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Mr M W Boote
Balance outstanding at start of year (1,053 ) (447 )
Amounts advanced 25,671 27,524
Amounts repaid (24,347 ) (28,130 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 271 (1,053 )

9. CONTROLLING PARTY

The ultimate controlling party is Mr M W Boote.