M W DECORATORS & BUILDING SERVICES LTD


Directors	WHITCHURCH, Elizabeth Ann
	WHITCHURCH, Mark Andrew


Registered Address	Unit B5 Mercury Business Park
	Bradninch
	Exeter
	EX5 4BL


Registered Number	08601198 (England and Wales)

Statement of Financial Position
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		141,015		63,618
			141,015		63,618
Current assets
Debtors	4	161,305		379,111
Cash at bank and on hand		53,083		28,219
		214,388		407,330
Creditors amounts falling due within one year	5	(65,294)		(208,979)
Net current assets (liabilities)			149,094		198,351
Total assets less current liabilities			290,109		261,969
Creditors amounts falling due after one year	6		(124,646)		(45,510)
Net assets			165,463		216,459
Capital and reserves
Called up share capital			100		100
Profit and loss account			165,363		216,359
Shareholders' funds			165,463		216,459

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 20 March 2026, and are signed on its behalf by:

WHITCHURCH, Elizabeth Ann
Director

WHITCHURCH, Mark Andrew
Director

Registered Company No. 08601198

M W DECORATORS & BUILDING SERVICES LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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 policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Vehicles	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 August 24	77,340	16,517	93,857
Additions	99,294	6,117	105,411
At 31 July 25	176,634	22,634	199,268
Depreciation and impairment
At 01 August 24	17,180	13,059	30,239
Charge for year	26,637	1,377	28,014
At 31 July 25	43,817	14,436	58,253
Net book value
At 31 July 25	132,817	8,198	141,015
At 31 July 24	60,160	3,458	63,618

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	41,198	205,059
Other debtors	120,107	174,052
Total	161,305	379,111

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	32,137	91,366
Taxation and social security	31,512	29,759
Other creditors	1,645	87,854
Total	65,294	208,979

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	124,646	45,510
Total	124,646	45,510

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	124,646		45,510

8.	Related party transactions
	During the year the company made no additional loans to Whitchurch Properties Ltd and Devon Roofing and Cladding Ltd, Culm Valley Kitchens Ltd made repayments of their loan totalling £20,000. Balances remaining due back to MW Decorators and Building Services Ltd are as follows: Whitchurch Properties Ltd £83,079.43 Devon Roofing and Cladding Ltd £32,027.59 The Culm Valley Kitchens Ltd £5,000.00

Related party transactions

During the year the company made no additional loans to Whitchurch Properties Ltd and Devon Roofing and Cladding Ltd, Culm Valley Kitchens Ltd made repayments of their loan totalling £20,000.
Balances remaining due back to MW Decorators and Building Services Ltd are as follows:
Whitchurch Properties Ltd £83,079.43
Devon Roofing and Cladding Ltd £32,027.59
The Culm Valley Kitchens Ltd £5,000.00