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Company Registration No. 12912425 (England and Wales)
mw fabrications limited Unaudited accounts for the year ended 30 September 2024
mw fabrications limited Unaudited accounts Contents
Page
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mw fabrications limited Company Information for the year ended 30 September 2024
Director
m gardiner
Company Number
12912425 (England and Wales)
Registered Office
31a fir view road ruspidge cinderford gloucestershire gl14 3al uk
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mw fabrications limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
289,585 
62,920 
Current assets
Inventories
3,400 
3,115 
Debtors
- 
16,388 
Cash at bank and in hand
7,232 
9,557 
10,632 
29,060 
Creditors: amounts falling due within one year
(103,855)
(64,981)
Net current liabilities
(93,223)
(35,921)
Total assets less current liabilities
196,362 
26,999 
Creditors: amounts falling due after more than one year
(164,536)
(13,772)
Net assets
31,826 
13,227 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
31,824 
13,225 
Shareholders' funds
31,826 
13,227 
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 27 August 2024 and were signed on its behalf by
m gardiner Director Company Registration No. 12912425
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mw fabrications limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
mw fabrications limited is a private company, limited by shares, registered in England and Wales, registration number 12912425. The registered office is 31a fir view road, ruspidge, cinderford, gloucestershire, gl14 3al, uk.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
75,992 
Additions
242,594 
At 30 September 2024
318,586 
Depreciation
At 1 October 2023
13,072 
Charge for the year
15,929 
At 30 September 2024
29,001 
Net book value
At 30 September 2024
289,585 
At 30 September 2023
62,920 
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mw fabrications limited Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
16,388 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,812 
4,812 
VAT
3,853 
167 
Obligations under finance leases and hire purchase contracts
57,060 
- 
Taxes and social security
21,588 
4,213 
Other creditors
- 
4,637 
Loans from directors
16,542 
51,152 
103,855 
64,981 
the directions have introduced working capital of £51152 this is a non interest bearing loan to the company
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,596 
13,772 
Obligations under finance leases and hire purchase contracts
150,940 
- 
164,536 
13,772 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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