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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 
- 5 -
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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