REGISTERED NUMBER: 15702989 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

MBW Projects Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Donnelly

Z Baker

G Graziano-Wright

REGISTERED OFFICE:

24 Reservoir Street

Rochdale

Greater Manchester

OL16 2XH

REGISTERED NUMBER:

15702989 (England and Wales)

ACCOUNTANTS:

Michael Astin Accountancy Services

95 Tarnside Close

Rochdale

Greater Manchester

OL16 2QD

FIXED ASSETS

Tangible assets

4

105,709

68,841

CURRENT ASSETS

Debtors

5

17,590

5,590

Cash at bank

108,987

27,311

126,577

32,901

CREDITORS

Amounts falling due within one year

6

173,352

80,237

NET CURRENT LIABILITIES

(46,775

)

(47,336

)

TOTAL ASSETS LESS CURRENT LIABILITIES

58,934

21,505

RESERVES

Retained earnings

7

58,934

21,505

58,934

21,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

M Donnelly - Director

Z Baker - Director

G Graziano-Wright - Director

1.	STATUTORY INFORMATION

MBW Projects 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 received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2025

80,990

-

-

80,990

Additions

51,495

2,243

2,274

56,012

At 31 May 2026

132,485

2,243

2,274

137,002

DEPRECIATION

At 1 June 2025

12,149

-

-

12,149

Charge for year

18,050

336

758

19,144

At 31 May 2026

30,199

336

758

31,293

NET BOOK VALUE

At 31 May 2026

102,286

1,907

1,516

105,709

At 31 May 2025

68,841

-

-

68,841

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

17,590

5,590

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Hire purchase contracts

57,694

32,462

Tax

49,529

18,528

VAT

44,762

19,170

Directors' current accounts

21,367

10,077

173,352

80,237

7.

RESERVES

Retained

earnings

£

At 1 June 2025

21,505

Profit for the year

211,429

Dividends

(174,000

)

At 31 May 2026

58,934