Company Registration No. 12991566 (England and Wales)
FMW Distinct Manufacturing Ltd
Unaudited accounts
for the year ended 31 December 2023
FMW Distinct Manufacturing Ltd
Unaudited accounts
Contents
FMW Distinct Manufacturing Ltd
Company Information
for the year ended 31 December 2023
Directors
Jacqueline Ruth Hook
Anthony Newman
Dayton Plato
Company Number
12991566 (England and Wales)
Registered Office
Unit 23 Frankley Industrial Estate
Tay Road
Rednal
West Midlands
B45 0LD
England
FMW Distinct Manufacturing Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
1,238
1,533
Cash at bank and in hand
21,953
21,723
Creditors: amounts falling due within one year
(99,555)
(101,514)
Net current assets
4,082
3,613
Called up share capital
4
4
Profit and loss account
5,316
5,142
Shareholders' funds
5,320
5,146
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by
Anthony Newman
Director
Company Registration No. 12991566
FMW Distinct Manufacturing Ltd
Notes to the Accounts
for the year ended 31 December 2023
FMW Distinct Manufacturing Ltd is a private company, limited by shares, registered in England and Wales, registration number 12991566. The registered office is Unit 23 Frankley Industrial Estate, Tay Road, Rednal, West Midlands, B45 0LD, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
15% Straight Line Basis
Computer equipment
15% Straight Line Basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
326
1,638
1,964
At 31 December 2023
326
1,638
1,964
At 1 January 2023
65
366
431
Charge for the year
49
246
295
At 31 December 2023
114
612
726
At 31 December 2023
212
1,026
1,238
At 31 December 2022
261
1,272
1,533
FMW Distinct Manufacturing Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
18,050
24,125
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
14,535
1,074
Amounts owed to group undertakings and other participating interests
43,898
65,297
Taxes and social security
29,221
28,568
Loans from directors
401
75
TJ Golf and Leisure Ltd
Unit 23 Frankley Industrial Estate
Tay Road
Rednal
West Midlands
B45 0LD
England
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).