MEWP INNOVATIONS LTD

MEWP INNOVATIONS LTD
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 10697536 MEWP INNOVATIONS LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Stocks		1,647	2,144
Debtors		29,654	62,430
Cash at bank and in hand		1,271	592
		32,572	65,166
Creditors: amount falling due within one year		(46,614)	(47,383)
Net current assets		(14,042)	17,783

Total assets less current liabilities		(14,042)	17,783
Net assets		(14,042)	17,783

Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(14,043)	17,782
Shareholders' funds		(14,042)	17,783

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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 17 December 2025 and were signed on its behalf by:

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M Blandford
Director

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G Blandford
Director

1

MEWP INNOVATIONS LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

MEWP INNOVATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10697536, registration address Forum Building, Main Road, Gloucester, Gloucestershire, GL2 8JS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £0.01 each	1		1
	1		1

2

Registered Number: 10697536
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
MEWP INNOVATIONS LTD