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Company Registration No. 04574145 (England and Wales)
I W M Designs Limited Unaudited accounts for the year ended 31 October 2025
I W M Designs Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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I W M Designs Limited Company Information for the year ended 31 October 2025
Directors
Mr I W Massey Mrs D A Massey
Company Number
04574145 (England and Wales)
Registered Office
45 STAPLETON AVENUE HEATON BOLTON LANCASHIRE BL1 5ET
Accountants
J F Balshaw & Co 22 Shoreswood Sharples Bolton Lancashire BL1 7DD
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I W M Designs Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,837
14,450
Current assets
Inventories
1,847
2,137
Debtors
5
4,621
23,704
Cash at bank and in hand
12,836
8,524
19,304
34,365
Creditors: amounts falling due within one year
6
(31,813)
(45,450)
Net current liabilities
(12,509)
(11,085)
Net (liabilities)/assets
(1,672)
3,365
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
(1,772)
3,265
Shareholders' funds
(1,672)
3,365
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 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 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 of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by
Mrs D A Massey Director Company Registration No. 04574145
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I W M Designs Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
I W M Designs Limited is a private company, limited by shares, registered in England and Wales, registration number 04574145. The registered office is 45 STAPLETON AVENUE, HEATON, BOLTON, LANCASHIRE, BL1 5ET.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
3,101
43,433
15,985
524
63,043
At 31 October 2025
3,101
43,433
15,985
524
63,043
Depreciation
At 1 November 2024
3,068
29,272
15,865
388
48,593
Charge for the year
9
3,540
30
34
3,613
At 31 October 2025
3,077
32,812
15,895
422
52,206
Net book value
At 31 October 2025
24
10,621
90
102
10,837
At 31 October 2024
33
14,161
120
136
14,450
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I W M Designs Limited Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,621
20,723
Other debtors
-
2,981
4,621
23,704
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
4,262
Obligations under finance leases and hire purchase contracts
-
449
Trade creditors
4,097
22,567
Taxes and social security
3,324
2,501
Loans from directors
23,382
14,480
Accruals
1,010
1,191
31,813
45,450
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
An amount of £23,382 (2024 £14,480) is owed to the directors, Mr I and Mrs D Massey.
9
Controlling party
The company is under the control of the directors, Mr I W Massey and Mrs D A Massey.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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