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REGISTERED NUMBER: 12858955 (England and Wales)










Financial Statements

for the Year Ended 30 September 2024

for

MW Virtual Solutions Limited

MW Virtual Solutions Limited (Registered number: 12858955)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MW Virtual Solutions Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mrs M Watts





REGISTERED OFFICE: 17 Warwick Road
Scunthorpe
DN16 1EW





REGISTERED NUMBER: 12858955 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 32/33 Normany Gateway,
Lysaghts Way,
Scunthorpe
North Lincolnshire
DN15 9YG

MW Virtual Solutions Limited (Registered number: 12858955)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 850 638

CURRENT ASSETS
Debtors 5 30 30
Cash at bank 33,436 24,478
33,466 24,508
CREDITORS
Amounts falling due within one year 6 (5,843 ) (17,221 )
NET CURRENT ASSETS 27,623 7,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,473

7,925

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 28,373 7,825
28,473 7,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 15 May 2025 and were signed by:



Mrs M Watts - Director


MW Virtual Solutions Limited (Registered number: 12858955)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

MW Virtual Solutions 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

MW Virtual Solutions Limited (Registered number: 12858955)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 650 813 1,463
Additions - 379 379
At 30 September 2024 650 1,192 1,842
DEPRECIATION
At 1 October 2023 363 462 825
Charge for year 72 95 167
At 30 September 2024 435 557 992
NET BOOK VALUE
At 30 September 2024 215 635 850
At 30 September 2023 287 351 638

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 30 30

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 4,958 4,155
Directors' current accounts 99 12,337
Accrued expenses 786 729
5,843 17,221

7. RESERVES
Retained
earnings
£   

At 1 October 2023 7,825
Profit for the year 21,348
Dividends (800 )
At 30 September 2024 28,373