REGISTERED NUMBER: 08467248 (England and Wales)

M W TURNER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr K Griffin

Dr MW Turner

REGISTERED OFFICE:

22 Everest Walk

Cardiff

CF14 5AX

REGISTERED NUMBER:

08467248 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

2,765

4,920

CURRENT ASSETS

Debtors

5

98,477

98,000

Cash at bank and in hand

131,795

141,394

230,272

239,394

CREDITORS

Amounts falling due within one year

6

47,707

53,349

NET CURRENT ASSETS

182,565

186,045

TOTAL ASSETS LESS CURRENT LIABILITIES

185,330

190,965

PROVISIONS FOR LIABILITIES

691

1,216

NET ASSETS

184,639

189,749

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

184,539

189,649

SHAREHOLDERS' FUNDS

184,639

189,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th December 2025 and were signed on its behalf by:

Dr MW Turner - Director

1.	STATUTORY INFORMATION

M W Turner 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.

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.

Fixtures and fittings

-

20% straight line on cost

Computer equipment

-

33.33% straight line on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st May 2024

10,845

4,770

15,615

Additions

-

647

647

Disposals

(4,796

)

(1,695

)

(6,491

)

At 30th April 2025

6,049

3,722

9,771

DEPRECIATION

At 1st May 2024

8,711

1,984

10,695

Charge for year

1,210

1,592

2,802

Eliminated on disposal

(4,796

)

(1,695

)

(6,491

)

At 30th April 2025

5,125

1,881

7,006

NET BOOK VALUE

At 30th April 2025

924

1,841

2,765

At 30th April 2024

2,134

2,786

4,920

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

477

-

Amounts falling due after more than one year:

Other debtors

98,000

98,000

Aggregate amounts

98,477

98,000

Other debtors includes £98,000 owed by a company controlled by the directors.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

45,978

52,174

Other creditors

1,729

1,175

47,707

53,349