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MEW ASSOCIATES LTD

Registered Number
06255551
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2025

MEW ASSOCIATES LTD
Company Information
for the year from 1 March 2024 to 28 February 2025

Director

MEW, Brian John

Registered Address

C/O Census Accountancy
13 West Street
Dunstable
LU6 1SX

Registered Number

06255551 (England and Wales)
MEW ASSOCIATES LTD
Balance Sheet as at
28 February 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets3359479
359479
Current assets
Cash at bank and on hand34,61937,187
34,61937,187
Creditors amounts falling due within one year4(845)(1,329)
Net current assets (liabilities)33,77435,858
Total assets less current liabilities34,13336,337
Net assets34,13336,337
Capital and reserves
Called up share capital1010
Profit and loss account34,12336,327
Shareholders' funds34,13336,337
The financial statements were approved and authorised for issue by the Director on 2 April 2025, and are signed on its behalf by:
MEW, Brian John
Director
Registered Company No. 06255551
MEW ASSOCIATES LTD
Notes to the Financial Statements
for the year ended 28 February 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20252024
Average number of employees during the year00
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 March 24-929929
At 28 February 25-929929
Depreciation and impairment
At 01 March 24-450450
Charge for year120-120
At 28 February 25120450570
Net book value
At 28 February 25(120)479359
At 29 February 24-479479
4.Creditors: amounts due within one year

2025

2024

££
Bank borrowings and overdrafts335819
Accrued liabilities and deferred income510510
Total8451,329