REGISTERED NUMBER: 10577587 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st January 2025

for

MWM (Anglia) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Martin

Mrs J L Martin

REGISTERED OFFICE:

58 Wilton Road

Feltwell

Thetford

Norfolk

IP26 4AY

REGISTERED NUMBER:

10577587 (England and Wales)

ACCOUNTANTS:

TWR Accountants

The Old Registrars

57a High Street

Brandon

Suffolk

IP27 0AU

FIXED ASSETS

Tangible assets

4

35,166

23,784

CURRENT ASSETS

Stocks

25,864

13,308

Debtors

5

408

2,971

Cash at bank

30,197

4,622

56,469

20,901

CREDITORS

Amounts falling due within one year

6

37,750

18,105

NET CURRENT ASSETS

18,719

2,796

TOTAL ASSETS LESS CURRENT LIABILITIES

53,885

26,580

CREDITORS

Amounts falling due after more than one year

7

11,841

18,339

NET ASSETS

42,044

8,241

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

8

41,844

8,041

42,044

8,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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.

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 Board of Directors and authorised for issue on 8th September 2025 and were signed on its behalf by:

Mr M Martin - Director

1.	STATUTORY INFORMATION

MWM (Anglia) Ltd 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.

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon an improvement in the company's trading position and continued financial support from its directors. The financial statements do not include any adjustments that would result if such support is not continuing.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st February 2024

1,997

30,750

32,747

Additions

3,807

18,995

22,802

At 31st January 2025

5,804

49,745

55,549

DEPRECIATION

At 1st February 2024

1,275

7,688

8,963

Charge for year

906

10,514

11,420

At 31st January 2025

2,181

18,202

20,383

NET BOOK VALUE

At 31st January 2025

3,623

31,543

35,166

At 31st January 2024

722

23,062

23,784

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st February 2024

and 31st January 2025

30,750

DEPRECIATION

At 1st February 2024

7,688

Charge for year

5,765

At 31st January 2025

13,453

NET BOOK VALUE

At 31st January 2025

17,297

At 31st January 2024

23,062

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,754

Tax

101

101

Prepayments

307

1,116

408

2,971

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,000

4,300

Hire purchase contracts

2,798

2,444

Trade creditors

252

74

Tax

19,210

3,205

Social security and other taxes

20

123

VAT

2,972

3,135

Directors' loan accounts

7,633

3,989

Accrued expenses

865

835

37,750

18,105

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,333

5,033

Hire purchase contracts

10,508

13,306

11,841

18,339

8.

RESERVES

Retained

earnings

£

At 1st February 2024

8,041

Profit for the year

74,803

Dividends

(41,000

)

At 31st January 2025

41,844

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M Martin.