10515790falsecarpentry and general builders2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10515790
MWB CARPENTRY LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
MWB CARPENTRY LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
MARK WILLIAM BENNETT
REGISTERED OFFICE
8 ASHLEY GARDENS
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1AX
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10515790
BANKERS
LLOYDS BANK PLC
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
MWB CARPENTRY LTD
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
MWB CARPENTRY LTD
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets212,35513,738
CURRENT ASSETS
Stock2,2001,990
Debtors423,1338,117
Cash at bank and in hand109,00155,484
134,33465,591
CREDITORS: Amounts falling due within one year572,27435,340
NET CURRENT ASSETS62,06030,251
TOTAL ASSETS LESS CURRENT LIABILITIES74,41543,989
PROVISIONS FOR LIABILITIES AND CHARGES72,2981,877
NET ASSETS72,11742,112
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account72,11642,111
SHAREHOLDERS' FUNDS72,11742,112
For the year ending 31/03/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/11/2025 and signed on their behalf by
.............................
MARK WILLIAM BENNETT
Director
MWB CARPENTRY LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Commercial Vehiclesstraight line10%
Equipmentstraight line10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts, derived from ordinary activities.
MWB CARPENTRY LTD
2. TANGIBLE FIXED ASSETS
Commercial
VehiclesEquipmentTotal
£££
Cost
At 01/04/202415,9959,72725,722
Additions-1,0171,017
Disposals-(400)(400)
At 31/03/202515,99510,34426,339
Depreciation
At 01/04/20249,4002,58411,984
Disposals-(400)(400)
For the year1,6008002,400
At 31/03/202511,0002,98413,984
Net Book Amounts
At 31/03/20254,9957,36012,355
At 31/03/20246,5957,14313,738
3. STOCK 20252024
££
Stock comprises:
Work in progress2,2001,990
2,2001,990
4. DEBTORS 20252024
££
Amounts falling due within one year
CIS tax recoverable22,4416,923
VAT-364
PAYE control-1
Prepayments692829
23,1338,117
MWB CARPENTRY LTD
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax27,24415,293
VAT81-
PAYE control399-
Directors current account36,85512,706
Trade creditors1,9711,937
Other creditors394394
Accruals5,3305,010
72,27435,340
6. EMPLOYEES
20252024
No.No.
Average number of employees11
Key management personnel is restricted to that of the director.
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation2,2981,877
2,2981,877
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
9. CONTROLLING PARTY
The company is wholly owned by the director Mr M W Bennett.
MWB CARPENTRY LTD
10. RELATED PARTY TRANSACTIONS
The director Mr M W Bennett received a dividend of £ 24,000 in the year to 31 March 2025 (2024 - £ 14,000).
11. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company operates in the carpentry and general building sector of construction, all of which is carried out within the United Kingdom.
12. GENERAL INFORMATION
MWB Carpentry Ltd is a private company limited by shares and incorporated in England. Its registered office is 8 Ashley Gardens, Codsall, Wolverhampton, West Midlands, WV8 1AX.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.