| NWI Ltd |
| Registered number: |
10388904 |
| Balance Sheet |
| as at 30 April 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
1,500 |
|
|
3,000 |
| Tangible assets |
4 |
|
|
99,036 |
|
|
80,805 |
|
|
|
|
100,536 |
|
|
83,805 |
|
| Current assets |
| Stocks |
|
|
89,937 |
|
|
13,493 |
| Debtors |
5 |
|
403,976 |
|
|
136,037 |
| Cash at bank and in hand |
|
|
36,913 |
|
|
160,165 |
|
|
|
530,826 |
|
|
309,695 |
|
| Creditors: amounts falling due within one year |
6 |
|
(260,068) |
|
|
(182,534) |
|
| Net current assets |
|
|
|
270,758 |
|
|
127,161 |
|
| Total assets less current liabilities |
|
|
|
371,294 |
|
|
210,966 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(1,558) |
|
|
(10,987) |
|
| Provisions for liabilities |
|
|
|
(25,134) |
|
|
(15,353) |
|
|
| Net assets |
|
|
|
344,602 |
|
|
184,626 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
344,502 |
|
|
184,526 |
|
| Shareholders' funds |
|
|
|
344,602 |
|
|
184,626 |
|
|
|
|
|
|
|
|
| Average Number of Employees |
|
|
|
7 |
|
|
3 |
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| Mr P A McKenna |
| Director |
| Approved by the board on 9 September 2025 |
|
| NWI Ltd |
| Notes to the Accounts |
| for the year ended 30 April 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
7 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 May 2024 |
15,000 |
|
At 30 April 2025 |
15,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2024 |
12,000 |
|
Provided during the year |
1,500 |
|
At 30 April 2025 |
13,500 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2025 |
1,500 |
|
At 30 April 2024 |
3,000 |
|
|
|
|
|
|
|
|
|
|
Goodwill is written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 May 2024 |
8,402 |
|
107,269 |
|
115,671 |
|
Additions |
3,900 |
|
33,699 |
|
37,599 |
|
At 30 April 2025 |
12,302 |
|
140,968 |
|
153,270 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2024 |
3,647 |
|
31,219 |
|
34,866 |
|
Charge for the year |
1,406 |
|
17,962 |
|
19,368 |
|
At 30 April 2025 |
5,053 |
|
49,181 |
|
54,234 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2025 |
7,249 |
|
91,787 |
|
99,036 |
|
At 30 April 2024 |
4,755 |
|
76,050 |
|
80,805 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
336,593 |
|
76,407 |
|
Other taxes |
|
66,184 |
|
59,630 |
|
Other debtors |
1,199 |
|
- |
|
|
|
|
|
|
403,976 |
|
136,037 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
8,000 |
|
8,000 |
|
Obligations under finance lease and hire purchase contracts |
2,362 |
|
5,604 |
|
Trade creditors |
71,954 |
|
24,611 |
|
Accruals and deferred income |
|
13,910 |
|
3,029 |
|
Taxation and social security costs |
65,463 |
|
24,165 |
|
Other creditors |
98,379 |
|
117,125 |
|
|
|
|
|
|
260,068 |
|
182,534 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
1,558 |
|
9,558 |
|
Obligations under finance lease and hire purchase contracts |
- |
|
1,429 |
|
|
|
|
|
|
1,558 |
|
10,987 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
NWI Ltd is a private company limited by shares & incorporated in England. Its registered office: |
|
A05 Towngate Works |
|
Dark Lane |
|
Mawdesley |
|
L40 2QU |