REGISTERED NUMBER: 06396262 (England and Wales)

M W Servicing and Repairs Limited

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

M R Wilkinson

Secretary:

L J Murray

Registered office:

101B Chorley New Road

Horwich

Bolton

Greater Manchester

BL6 5QQ

Registered number:

06396262 (England and Wales)

Accountants:

Leach Briely

Craven House

32 Lee Lane

Horwich

Bolton

Greater Manchester

BL6 7BY

Fixed assets

Intangible assets

4

35,000

35,000

Tangible assets

5

36,339

48,118

71,339

83,118

Current assets

Stocks

500

495

Debtors

6

1,718

1,216

Cash at bank and in hand

441,997

400,872

444,215

402,583

Creditors

Amounts falling due within one year

7

59,684

50,135

Net current assets

384,531

352,448

Total assets less current liabilities

455,870

435,566

Creditors

Amounts falling due after more than one year

8

-

(5,000

)

Provisions for liabilities

9

(9,630

)

(12,752

)

Net assets

446,240

417,814

Capital and reserves

Called up share capital

10

100

100

Retained earnings

446,140

417,714

Shareholders' funds

446,240

417,814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 May 2026 and were signed by:

M R Wilkinson - Director

1.	Statutory information

M W Servicing and Repairs 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 receivable for motor servicing and MOT's and repair services rendered, net of Value Added Tax.

Goodwill

Amortisation of goodwill has not been provided for by the company as in the opinion of the directors it has an indefinite useful economic life. This accounting policy departs from the requirements of FRS 102 to amortise goodwill over a finite period. The effect of the departure is that amortisation as required by the requirements of FRS 102 has not been accounted for. If amortisation had been accounted for the charge for the year would have amounted to £3,500 and the profit for the year reduced accordingly.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks

Stocks are measured at estimated cost.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation

The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 November 2024

and 31 October 2025

35,000

Net book value

At 31 October 2025

35,000

At 31 October 2024

35,000

5.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 November 2024

and 31 October 2025

40,208

43,328

83,536

Depreciation

At 1 November 2024

35,188

230

35,418

Charge for year

1,004

10,775

11,779

At 31 October 2025

36,192

11,005

47,197

Net book value

At 31 October 2025

4,016

32,323

36,339

At 31 October 2024

5,020

43,098

48,118

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

1,718

1,216

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Hire purchase contracts

5,033

5,000

Trade creditors

11,249

12,877

Taxation and social security

32,529

15,062

Other creditors

10,873

17,196

59,684

50,135

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Hire purchase contracts

-

5,000

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

9,630

12,752

Deferred

tax

£

Balance at 1 November 2024

12,752

Credit to Statement of Income and Retained Earnings during year

(3,122

)

Balance at 31 October 2025

9,630

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100