| MIDLANDS WELDING SOLUTIONS LIMITED |
| Registered Number:07994359 |
For the year ended 31 March 2026
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2026
MIDLANDS WELDING SOLUTIONS LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
MIDLANDS WELDING SOLUTIONS LIMITED
Statement of Financial Position
2025
2026
| Property, plant and equipment |
13,663
18,218
2
13,663
18,218
| Trade and other receivables |
33,432
22,204
3
2,912
| Cash and cash equivalents |
20,004
42,208
36,344
| Trade and other payables: amounts falling due within one |
| year |
(9,092)
(14,066)
4
27,252
28,142
Net current assets
| Total assets less current liabilities |
41,805
45,470
(2,607)
(3,461)
| Provisions for liabilities |
39,198
Net assets
42,009
1
1
39,197
42,008
39,198
42,009
Shareholders' funds
| For the year ended 31 March 2026 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mark Anthony Coughlan Director |
| These financial statements were approved and authorised for issue by the Board on 04 June 2026 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2026
MIDLANDS WELDING SOLUTIONS LIMITED
Notes to the Financial Statements
Statutory Information
| MIDLANDS WELDING SOLUTIONS LIMITED is a private limited company, limited by shares, domiciled in England |
| and Wales, registration number 07994359. |
46 Middle Lane
Nether Whitacre
Coleshill
B46 2HY
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Property, plant and equipment are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
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. |
| 2. Property, plant and equipment |
25,693
21,995
3,698
3,698
21,995
25,693
| Provision for depreciation and impairment |
7,475
5,499
1,976
Charge for year
4,555
4,125
430
12,030
9,624
2,406
1,292
12,371
13,663
1,722
16,496
18,218
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For the year ended 31 March 2026
MIDLANDS WELDING SOLUTIONS LIMITED
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2025
2026
1,875
3,359
| Amounts owed by directors |
6,106
8,753
| Taxation and social security |
14,223
21,320
33,432
22,204
| 4. Trade and other payables: amounts falling due within one year |
2025
2026
| Taxation and social security |
13,181
8,227
| Accruals and deferred income |
885
865
14,066
9,092
| 5. Related party transactions |
| The ultimate controlling party during the year was Mark Coughlan , director , whom controls the company by virtue |
| of owning 100% of the share capital. |
| 6. Average number of persons employed |
During the year the average number of employees was 1 (2025 : 1)
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