AWL CONSTRUCTION (N/W) LIMITED

Company Registration Number:
13201027 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

AWL CONSTRUCTION (N/W) LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

AWL CONSTRUCTION (N/W) LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 26,304 0
Total fixed assets: 26,304 0
Current assets
Debtors: 4 119,758 212,478
Cash at bank and in hand: 988,910 75,592
Total current assets: 1,108,668 288,070
Creditors: amounts falling due within one year: 5 (225,438) (40,128)
Net current assets (liabilities): 883,230 247,942
Total assets less current liabilities: 909,534 247,942
Creditors: amounts falling due after more than one year: 6 (148,191) (147,894)
Total net assets (liabilities): 761,343 100,048
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 761,243 99,948
Shareholders funds: 761,343 100,048

The notes form part of these financial statements

AWL CONSTRUCTION (N/W) LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 October 2023
and signed on behalf of the board by:

Name: Anthony Lynch
Status: Director

The notes form part of these financial statements

AWL CONSTRUCTION (N/W) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Motor vehicles: 18% reducing balance

Other accounting policies

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

AWL CONSTRUCTION (N/W) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

AWL CONSTRUCTION (N/W) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 0
Additions 32,078
At 28 February 2023 32,078
Depreciation
At 01 March 2022 0
Charge for year 5,774
At 28 February 2023 5,774
Net book value
At 28 February 2023 26,304
At 28 February 2022 0

AWL CONSTRUCTION (N/W) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 119,758 212,478

AWL CONSTRUCTION (N/W) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

£225,438

AWL CONSTRUCTION (N/W) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Creditors: amounts falling due after more than one year note

£148,191