REGISTERED NUMBER: 04496942 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Moir Wade Design Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J G Wade

W D E Moir

REGISTERED OFFICE:

Cross St Corner

Nelson Street

Syston

Leicester

Leicestershire

LE7 2JQ

REGISTERED NUMBER:

04496942 (England and Wales)

ACCOUNTANTS:

Brockhurst Davies Limited

11 The Office Village

North Road

Loughborough

Leicestershire

LE11 1QJ

FIXED ASSETS

Tangible assets

4

201,676

205,179

CURRENT ASSETS

Stocks

5,000

29,266

Debtors

148,481

47,653

Cash at bank and in hand

127,426

113,441

280,907

190,360

CREDITORS

Amounts falling due within one year

293,590

288,406

NET CURRENT LIABILITIES

(12,683

)

(98,046

)

TOTAL ASSETS LESS CURRENT LIABILITIES

188,993

107,133

CREDITORS

Amounts falling due after more than one year

5

(68,316

)

(86,613

)

PROVISIONS FOR LIABILITIES

(8,520

)

(8,110

)

NET ASSETS

112,157

12,410

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

112,057

12,310

SHAREHOLDERS' FUNDS

112,157

12,410

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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 September 2025 and were signed on its behalf by:

J G Wade - Director

1.	STATUTORY INFORMATION

Moir Wade Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Land and buildings

-

5% on cost

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. It represents the work in progress for ongoing projects and raw materials purchased but not used at the year-end.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

374,220

Additions

6,340

At 31 December 2024

380,560

DEPRECIATION

At 1 January 2024

169,041

Charge for year

9,843

At 31 December 2024

178,884

NET BOOK VALUE

At 31 December 2024

201,676

At 31 December 2023

205,179

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2024

2023

£

£

Repayable by instalments

Other loans more 5yrs instal

8,259

14,216

6.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

51,502

64,041

Hire purchase contracts

411

5,338

51,913

69,379

The bank loan is secured on the freehold property.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

J G Wade

Balance outstanding at start of year

(5,937

)

(1,958

)

Amounts advanced

8,758

8,521

Amounts repaid

-

(12,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,821

(5,937

)

W D E Moir

Balance outstanding at start of year

(1,761

)

(7,341

)

Amounts advanced

13,004

15,580

Amounts repaid

-

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

11,243

(1,761

)