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Registered number: 08308489
Cowap Mobile Welding Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Meacher-Jones
Chartered Accountants
6 St John's Court
Vicars Lane
Chester
Cheshire
CH1 1QE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08308489
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,156,852 1,761,489
2,156,852 1,761,489
CURRENT ASSETS
Stocks 5 310,000 260,000
Debtors 6 233,922 300,299
Cash at bank and in hand 1,677 36,789
545,599 597,088
Creditors: Amounts Falling Due Within One Year 7 (369,193 ) (369,900 )
NET CURRENT ASSETS (LIABILITIES) 176,406 227,188
TOTAL ASSETS LESS CURRENT LIABILITIES 2,333,258 1,988,677
Creditors: Amounts Falling Due After More Than One Year 8 (1,039,447 ) (794,165 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (220,518 ) (243,417 )
NET ASSETS 1,073,293 951,095
CAPITAL AND RESERVES
Called up share capital 11 1 1
Revaluation reserve 12 87,476 87,476
Profit and Loss Account 985,816 863,618
SHAREHOLDERS' FUNDS 1,073,293 951,095
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Page 2
For the year ending 31 December 2025 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Neil Cowap
Director
30 June 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Cowap Mobile Welding Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08308489 . The registered office is Woodside Cottage Holmshaw Lane, Oakhanger, Crewe, CW1 5XF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 1% Straight line
Plant & Machinery 15% Reducing balance
Motor Vehicles 20% Reducing balance
Computer Equipment 20% Reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 12)
13 12
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 522,807 1,464,102 600,532 25,131 2,612,572
Additions 433,000 105,436 97,740 - 636,176
As at 31 December 2025 955,807 1,569,538 698,272 25,131 3,248,748
Depreciation
As at 1 January 2025 - 531,771 300,575 18,737 851,083
Provided during the period 4,330 155,665 79,539 1,279 240,813
As at 31 December 2025 4,330 687,436 380,114 20,016 1,091,896
Net Book Value
As at 31 December 2025 951,477 882,102 318,158 5,115 2,156,852
As at 1 January 2025 522,807 932,331 299,957 6,394 1,761,489
Cost or valuation as at 31 December 2025 represented by:
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
At cost 955,807 1,461,543 698,272 25,131 3,140,753
At valuation - 107,995 - - 107,995
955,807 1,569,538 698,272 25,131 3,248,748
The plant and machinery was revalued by the Director at 31 December 2021.
If the plant and machinery had not been revalued it would have been included at the historical cost of £976,098 and accumulated depreciation of £406,970 at that time. 
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5. Stocks
2025 2024
£ £
Stock 310,000 260,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 136,646 197,888
Other debtors 97,276 102,411
233,922 300,299
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 183,805 190,182
Trade creditors 31,970 78,338
Bank loans and overdrafts 12,667 13,516
Other creditors 119,441 71,917
Taxation and social security 21,310 15,947
369,193 369,900
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 218,745 243,681
Bank loans 290,685 302,079
Other creditors 530,017 248,405
1,039,447 794,165
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans 270,684 275,072
9. Secured Creditors
Of the creditors the following amounts are secured. The bank loan is secured with a charge over the property.
2025 2024
£ £
Bank loans and overdrafts 294,184 296,428
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 183,805 190,182
Later than one year and not later than five years 218,745 243,681
402,550 433,863
402,550 433,863
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
12. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 January 2025 87,476 863,618
Profit for the year and total comprehensive income - 122,198
As at 31 December 2025 87,476 985,816
13. Related Party Transactions
Included in other creditors is an amount of £530,017 (2024 - £248,405) owed to Neil Cowap, a Director and shareholder of the company.
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