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REGISTERED NUMBER: 10883906 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

MW CONTRACTORS LIMITED

MW CONTRACTORS LIMITED (REGISTERED NUMBER: 10883906)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 5


MW CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: M R Williams
C Williams
D Massam





REGISTERED OFFICE: 2 Hesketh Street
Leigh
Greater Manchester
WN7 4SN





REGISTERED NUMBER: 10883906 (England and Wales)





ACCOUNTANTS: C A Hunter Limited
Britannia Chambers
26 George Street
St Helens
Merseyside
WA10 1BZ

MW CONTRACTORS LIMITED (REGISTERED NUMBER: 10883906)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,820 18,591

CURRENT ASSETS
Stocks 1,000 17,238
Debtors 5 23,045 83,339
Cash at bank 29,725 6,997
53,770 107,574
CREDITORS
Amounts falling due within one year 6 29,602 48,060
NET CURRENT ASSETS 24,168 59,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,988

78,105

CREDITORS
Amounts falling due after more than one year 7 (4,317 ) (8,005 )

PROVISIONS FOR LIABILITIES (2,816 ) (3,320 )
NET ASSETS 31,855 66,780

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 31,755 66,680
SHAREHOLDERS' FUNDS 31,855 66,780

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

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

MW CONTRACTORS LIMITED (REGISTERED NUMBER: 10883906)

BALANCE SHEET - continued
31 JULY 2024


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 Income Statement has not been delivered.

MW CONTRACTORS LIMITED (REGISTERED NUMBER: 10883906)

BALANCE SHEET - continued
31 JULY 2024



The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by:




M R Williams - Director



D Massam - Director


MW CONTRACTORS LIMITED (REGISTERED NUMBER: 10883906)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

MW Contractors 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. 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.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

MW CONTRACTORS LIMITED (REGISTERED NUMBER: 10883906)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 10,017 686 21,003 31,706
DEPRECIATION
At 1 August 2023 2,226 312 10,577 13,115
Charge for year 1,109 56 2,606 3,771
At 31 July 2024 3,335 368 13,183 16,886
NET BOOK VALUE
At 31 July 2024 6,682 318 7,820 14,820
At 31 July 2023 7,791 374 10,426 18,591

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 18,496 52,159
Other debtors 4,549 31,180
23,045 83,339

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 3,479 4,474
Trade creditors 2,845 2,802
Taxation and social security 290 12,617
Other creditors 22,988 28,167
29,602 48,060

MW CONTRACTORS LIMITED (REGISTERED NUMBER: 10883906)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 2,288 3,492
Hire purchase contracts 2,029 4,513
4,317 8,005