MWM Consultancy (Scotland) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05972168

MWM CONSULTANCY (SCOTLAND) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 October 2025

MWM CONSULTANCY (SCOTLAND) LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 OCTOBER 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

MWM CONSULTANCY (SCOTLAND) LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	C A Dubois
	M W Marshall
	J C Dubois-Marshall
	C Linsale

Company secretary	C A Dubois

Registered office	Sterling House
	Brunswick Industrial Estate
	Wideopen
	Newcastle upon Tyne
	NE13 7BA

Accountants	Hendersons
	Chartered Accountants
	Sterling House
	Brunswick Industrial Estate
	Wideopen
	Newcastle upon Tyne
	NE13 7BA

Bankers	HSBC Bank plc
	110 Grey Street
	Newcastle upon Tyne
	NE1 6JG

MWM CONSULTANCY (SCOTLAND) LIMITED

STATEMENT OF FINANCIAL POSITION

31 October 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		204,482	237,930

Current assets

Debtors	6	82,298	112,738
Cash at bank and in hand		466,903	308,006
		---------	---------
		549,201	420,744

Creditors: amounts falling due within one year	7	( 301,334)		( 305,285)
		---------		---------
Net current assets			247,867	115,459
			---------	---------
Total assets less current liabilities			452,349	353,389

Creditors: amounts falling due after more than one year	8		( 668)	( 8,668)

Provisions

Taxation including deferred tax	( 18,172)	( 19,302)
	---------	---------
Net assets	433,509	325,419
	---------	---------

MWM CONSULTANCY (SCOTLAND) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 October 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	250	250
Profit and loss account	433,259	325,169
	---------	---------
Shareholders funds	433,509	325,419
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 July 2026 , and are signed on behalf of the board by:

J C Dubois-Marshall

Director

Company registration number: 05972168

MWM CONSULTANCY (SCOTLAND) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 OCTOBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sterling House, Brunswick Industrial Estate, Wideopen, Newcastle upon Tyne, NE13 7BA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred tax assets are recognised only to the extent the directors consider that it is more likely than not that they will be recovered. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Computer equipment	-	33% straight line
Cruise ships	-	15% reducing balance
Equipment	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

Motor vehicles	Computer equipment	Cruise ships	Equipment	Total
£	£	£	£	£

Cost
At 1 November 2024	3,400	5,577	743,164	31,040	783,181
Additions	–	4,247	–	–	4,247
	-------	-------	---------	--------	---------
At 31 October 2025	3,400	9,824	743,164	31,040	787,428
	-------	-------	---------	--------	---------
Depreciation
At 1 November 2024	2,594	4,123	517,652	20,882	545,251
Charge for the year	201	2,143	33,827	1,524	37,695
	-------	-------	---------	--------	---------
At 31 October 2025	2,795	6,266	551,479	22,406	582,946
	-------	-------	---------	--------	---------
Carrying amount
At 31 October 2025	605	3,558	191,685	8,634	204,482
	-------	-------	---------	--------	---------
At 31 October 2024	806	1,454	225,512	10,158	237,930
	-------	-------	---------	--------	---------

6. Debtors

	2025	2024
	£	£

Other debtors	82,298	112,738
	--------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£

Trade creditors	859	2,212
Corporation tax	64,482	37,849
Social security and other taxes	5,672	–
Other creditors	230,321	265,224
	---------	---------
	301,334	305,285
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£

Other creditors	668	8,668
	----	-------

9. Directors' advances, credits and guarantees

Advances and credits to the directors are accounted for as part of the movement on the directors' current accounts with the company. The directors' current accounts remained in credit at the start and end of the period. No interest is applied to the directors' current accounts and there are no formal terms for repayment.

10. Related party transactions

The company is not under the control of any individual as none of the shareholders own more than 50% of the issued share capital.