Company registration number 01703570 (England and Wales)
FAVOURSTATE LTD
T/A MW FLOORING
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
FAVOURSTATE LTD
T/A MW FLOORING
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
98
698
Current assets
125,415
87,238
Prepayments and accrued income
907
1,487
Creditors: amounts falling due within one year
(16,358)
(22,516)
Net current assets
109,964
66,209
Total assets less current liabilities
110,062
66,907
Net assets
110,062
66,907
Capital and reserves
110,062
66,907
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

Advances or credits have been granted by the company to its directors as follows:

| Int rate | Opening balance | Amounts advanced | Amounts repaid | Closing balance
Mr T Murphy | 0% | 35200 | 22295 | (46610) | 10885

2
Employees

The average number of persons, including directors, employed by the company during the year wa s as follows:

2025
2024
Number
Number
Employees
3
3

Favourstate Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 1, Shore Street, Barrow in Furness, Cumbria, LA14 2UB.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

FAVOURSTATE LTD
T/A MW FLOORING
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 15 October 2025
Terence Murphy
Director
Company registration number 01703570 (England and Wales)
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