IRIS Accounts Production v24.1.0.578 07626855 Board of Directors 1.6.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076268552022-05-31076268552023-07-31076268552022-06-012023-07-31076268552021-05-31076268552021-06-012022-05-31076268552022-05-3107626855ns15:EnglandWales2022-06-012023-07-3107626855ns14:PoundSterling2022-06-012023-07-3107626855ns10:Director12022-06-012023-07-3107626855ns10:PrivateLimitedCompanyLtd2022-06-012023-07-3107626855ns10:SmallEntities2022-06-012023-07-3107626855ns10:AuditExempt-NoAccountantsReport2022-06-012023-07-3107626855ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-07-3107626855ns10:SmallCompaniesRegimeForAccounts2022-06-012023-07-3107626855ns10:FullAccounts2022-06-012023-07-3107626855ns5:CurrentFinancialInstruments2023-07-3107626855ns5:CurrentFinancialInstruments2022-05-3107626855ns5:ShareCapital2023-07-3107626855ns5:ShareCapital2022-05-3107626855ns5:RetainedEarningsAccumulatedLosses2023-07-3107626855ns5:RetainedEarningsAccumulatedLosses2022-05-3107626855ns10:RegisteredOffice2022-06-012023-07-3107626855ns5:FurnitureFittings2022-06-012023-07-3107626855ns5:ComputerEquipment2022-06-012023-07-3107626855ns5:FurnitureFittings2022-05-3107626855ns5:ComputerEquipment2022-05-3107626855ns5:FurnitureFittings2023-07-3107626855ns5:ComputerEquipment2023-07-3107626855ns5:FurnitureFittings2022-05-3107626855ns5:ComputerEquipment2022-05-3107626855ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3107626855ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3107626855ns5:CurrentFinancialInstruments2022-06-012023-07-310762685512022-06-012023-07-31
REGISTERED NUMBER: 07626855 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2022 TO 31 JULY 2023

FOR

MAW CONSULTING LIMITED

MAW CONSULTING LIMITED (REGISTERED NUMBER: 07626855)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2022 TO 31 JULY 2023










Page

Statement of Financial Position 1 to 2

Notes to the Financial Statements 3 to 6


MAW CONSULTING LIMITED (REGISTERED NUMBER: 07626855)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

31.7.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,385 1,985

CURRENT ASSETS
Stocks - 21,408
Debtors 5 93,867 51,422
Cash at bank 36,841 161,228
130,708 234,058
CREDITORS
Amounts falling due within one year 6 (79,414 ) (120,760 )
NET CURRENT ASSETS 51,294 113,298
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,679

115,283

PROVISIONS FOR LIABILITIES (263 ) (377 )
NET ASSETS 52,416 114,906

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 52,316 114,806
52,416 114,906

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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.

MAW CONSULTING LIMITED (REGISTERED NUMBER: 07626855)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by:





J P Cornes - Director


MAW CONSULTING LIMITED (REGISTERED NUMBER: 07626855)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2022 TO 31 JULY 2023


1. STATUTORY INFORMATION

Maw Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07626855

Registered office: Unit 9 Dalewood Road
Lymedale Business Park
Newcastle Under Lyme
Staffordshire
ST5 9QA

The company provides quantity and building surveying services.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition
The company provides quantity and building surveying services. Income is recognised at clearly agreed and defined stages of deliverable. The turnover in the profit and loss account is exclusive of Value Added Tax.

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 - 15% reducing balance
Computer equipment - 33% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Stocks
Work in progress represents income by reference to the stage of completion at the year end. Stage of completion of projects is measured by the proportion of costs incurred for work performed to date compared to the total estimated costs.

MAW CONSULTING LIMITED (REGISTERED NUMBER: 07626855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2022 TO 31 JULY 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

MAW CONSULTING LIMITED (REGISTERED NUMBER: 07626855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2022 TO 31 JULY 2023


2. ACCOUNTING POLICIES - continued

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.

Employee benefits
The company provides a range of benefits to employees.

Short term benefits, including holiday pay, are recognised as an expense in the profit and loss account in the period in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2022
and 31 July 2023 5,943 5,652 11,595
DEPRECIATION
At 1 June 2022 4,414 5,196 9,610
Charge for period 268 332 600
At 31 July 2023 4,682 5,528 10,210
NET BOOK VALUE
At 31 July 2023 1,261 124 1,385
At 31 May 2022 1,529 456 1,985

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.5.22
£    £   
Trade debtors 75,098 46,774
Amounts owed by group undertakings 15,900 -
Other debtors 578 -
Prepayments 2,291 4,648
93,867 51,422

Amounts owed by group undertakings are unsecured, interest free and are repayable on demand.

MAW CONSULTING LIMITED (REGISTERED NUMBER: 07626855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2022 TO 31 JULY 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.5.22
£    £   
Trade creditors 1,955 24,301
Amounts owed to group undertakings 20,929 -
Tax 22,977 32,152
Social security and other taxes 12,262 7,117
VAT 19,193 34,802
Other creditors 598 373
Accruals and deferred income 1,500 22,015
79,414 120,760

Amounts owed to group undertakings are unsecured, interest free and are repayable on demand.

7. EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no significant events up to the date of approval of the financial statements by the Board.

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of JCA HQ Group Limited, a company incorporated in England and Wales.