Company Registration No. 14331894 (England and Wales)
MWP Electrical Ltd
Unaudited accounts
for the year ended 30 September 2024
MWP Electrical Ltd
Unaudited accounts
Contents
MWP Electrical Ltd
Company Information
for the year ended 30 September 2024
Company Number
14331894 (England and Wales)
Registered Office
24 24 Rothay
Belgrave
Tamworth
Staffs
United Kingdom
B77 2NJ
United Kingdom
Accountants
Sage Accounting Ltd
19 Lomond Close
Tamworth
Staffordshire
United Kingdom
B79 8ET
MWP Electrical Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
13,546
18,062
Cash at bank and in hand
1,997
5,366
Creditors: amounts falling due within one year
(6,030)
(5,729)
Net current (liabilities)/assets
(1,450)
1,796
Total assets less current liabilities
12,096
19,858
Creditors: amounts falling due after more than one year
(8,474)
(11,591)
Called up share capital
2
2
Profit and loss account
3,620
8,265
Shareholders' funds
3,622
8,267
For the year ending 30 September 2024 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 director acknowledges his 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 and authorised for issue on 16 May 2025 and were signed on its behalf by
Mark Wayne Pratt
Director
Company Registration No. 14331894
MWP Electrical Ltd
Notes to the Accounts
for the year ended 30 September 2024
MWP Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 14331894. The registered office is 24 24 Rothay, Belgrave, Tamworth, Staffs, United Kingdom, B77 2NJ, United Kingdom.
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:
4
Tangible fixed assets
Motor vehicles
At 30 September 2024
22,578
At 30 September 2024
9,032
At 30 September 2024
13,546
At 30 September 2023
18,062
Amounts falling due within one year
MWP Electrical Ltd
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(453)
-
Loans from directors
6,483
5,729
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,474
11,591
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).