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Company Registration No. NI687281 (Northern Ireland)
MWD Haulage Ltd Unaudited accounts for the year ended 31 October 2025
MWD Haulage Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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MWD Haulage Ltd Company Information for the year ended 31 October 2025
Director
Mark William Dobbin
Company Number
NI687281 (Northern Ireland)
Registered Office
7 GREENVALE PARK GLEN ANTRIM BT41 1SP NORTHERN IRELAND
Accountants
DJB Accounting Ltd 34 Knockmoyle Drive Greystone Road Antrim BT41 1HE
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MWD Haulage Ltd Accountants' report
Accountants' report to the director of MWD Haulage Ltd on the preparation of the unaudited statutory accounts for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MWD Haulage Ltd for the year ended 31 October 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MWD Haulage Ltd, as a body, in accordance with the terms of our engagement letter dated 1 May 2021. Our work has been undertaken solely to prepare for your approval the accounts of MWD Haulage Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MWD Haulage Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MWD Haulage Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MWD Haulage Ltd. You consider that MWD Haulage Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MWD Haulage Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DJB Accounting Ltd 34 Knockmoyle Drive Greystone Road Antrim BT41 1HE 1 March 2026
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MWD Haulage Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
85,271
96,215
Current assets
Debtors
5
51,739
6,359
Cash at bank and in hand
65,498
159,869
117,237
166,228
Creditors: amounts falling due within one year
6
(41,911)
(81,893)
Net current assets
75,326
84,335
Total assets less current liabilities
160,597
180,550
Creditors: amounts falling due after more than one year
7
(6,689)
(17,229)
Net assets
153,908
163,321
Capital and reserves
Called up share capital
1
1
Profit and loss account
153,907
163,320
Shareholders' funds
153,908
163,321
For the year ending 31 October 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 March 2026 and were signed on its behalf by
Mark William Dobbin Director Company Registration No. NI687281
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MWD Haulage Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
MWD Haulage Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI687281. The registered office is 7 GREENVALE PARK GLEN, ANTRIM, BT41 1SP, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director shall continue to adopt the going concern basis of accounting in preparing the financial statements.
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MWD Haulage Ltd Notes to the Accounts for the year ended 31 October 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 November 2024
114,720
Additions
15,000
At 31 October 2025
129,720
Depreciation
At 1 November 2024
18,505
Charge for the year
25,944
At 31 October 2025
44,449
Net book value
At 31 October 2025
85,271
At 31 October 2024
96,215
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
(10,348)
(25)
Trade debtors
62,087
6,384
51,739
6,359
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
6,121
10,415
Taxes and social security
13,690
29,367
Other creditors
-
79,099
Loans from directors
22,100
(36,988)
41,911
81,893
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
6,689
17,229
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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