Michael Williams Engineering Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02750000 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

MICHAEL WILLIAMS ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C A Williams

J A Williams

REGISTERED OFFICE:

Unit 1, Cambridge House

Camboro Business Park

Oakington Road, Girton

CAMBRIDGE

Cambridgeshire

CB3 0QH

REGISTERED NUMBER:

02750000 (England and Wales)

ACCOUNTANTS:

Staffords

Chartered Accountants

Unit 1, Cambridge House

Camboro Business Park

Oakington Road, Girton

CAMBRIDGE

Cambridgeshire

CB3 0QH

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

714,253

723,358

Investments

6

657

714,910

724,015

CURRENT ASSETS

Stocks

205,059

190,123

Debtors

7

263,448

218,963

Cash at bank

696,478

846,991

1,164,985

1,256,077

CREDITORS

Amounts falling due within one year

8

101,273

112,162

NET CURRENT ASSETS

1,063,712

1,143,915

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,778,622

1,867,930

PROVISIONS FOR LIABILITIES

9

-

3,122

NET ASSETS

1,778,622

1,864,808

CAPITAL AND RESERVES

Called up share capital

10

100,000

Retained earnings

1,678,622

1,764,808

SHAREHOLDERS' FUNDS

1,778,622

1,864,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by:

J A Williams - Director

1.	STATUTORY INFORMATION

Michael Williams Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Technical Drawings are being amortised over twenty years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 20% on reducing balance and 10% on cost

Freehold Land is not depreciated

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2025

and 31 January 2026

82,000

AMORTISATION

At 1 February 2025

and 31 January 2026

82,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 February 2025

690,288

605,043

1,295,331

Additions

-

2,705

Disposals

-

(14,702

)

(14,702

)

At 31 January 2026

690,288

593,046

1,283,334

DEPRECIATION

At 1 February 2025

-

571,973

Charge for year

-

10,547

Eliminated on disposal

-

(13,439

)

(13,439

)

At 31 January 2026

-

569,081

NET BOOK VALUE

At 31 January 2026

690,288

23,965

714,253

At 31 January 2025

690,288

33,070

723,358

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 February 2025

and 31 January 2026

657

NET BOOK VALUE

At 31 January 2026

657

At 31 January 2025

657

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

205,953

162,953

Other debtors

57,495

56,010

263,448

218,963

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

33,251

40,916

Taxation and social security

22,578

26,172

Other creditors

45,444

45,074

101,273

112,162

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

-

3,122

Deferred

tax

£

Balance at 1 February 2025

3,122

Provided during year

(3,122

)

Balance at 31 January 2026

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100,000

Ordinary

£1

100,000

11.	RELATED PARTY DISCLOSURES

There are no material related party transactions which were not concluded under normal market conditions.