Company Registration No. 13707058 (England and Wales)
AMW Contractors UK Ltd
Unaudited accounts
for the year ended 31 October 2023
AMW Contractors UK Ltd
Unaudited accounts
Contents
AMW Contractors UK Ltd
Company Information
for the year ended 31 October 2023
Company Number
13707058 (England and Wales)
Registered Office
154 LINNET RISE
KIDDERMINSTER
DY10 4TU
ENGLAND
Accountants
IGM Financial Services
104 QUEEN ELIZABETH ROAD
KIDDERMINSTER
WORCESTERSHIRE
DY10 3BG
AMW Contractors UK Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
48,869
34,796
Cash at bank and in hand
1,802
2,935
Creditors: amounts falling due within one year
(57,767)
(30,688)
Net current assets/(liabilities)
32,379
(23,402)
Total assets less current liabilities
81,248
11,394
Creditors: amounts falling due after more than one year
(12,279)
(19,519)
Net assets/(liabilities)
68,969
(8,125)
Called up share capital
100
-
Profit and loss account
68,869
(8,125)
Shareholders' funds
68,969
(8,125)
For the year ending 31 October 2023 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 director acknowledges his 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 and authorised for issue on 29 November 2023 and were signed on its behalf by
Mr Mark Warner
Director
Company Registration No. 13707058
AMW Contractors UK Ltd
Notes to the Accounts
for the year ended 31 October 2023
AMW Contractors UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 13707058. The registered office is 154 LINNET RISE, KIDDERMINSTER, DY10 4TU, ENGLAND.
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.
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 27 October 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straightline
Motor vehicles
25% Reducing balance
Computer equipment
33% Straightline
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
12,640
28,500
3,788
44,928
Additions
4,167
15,595
7,837
27,599
At 31 October 2023
16,807
44,095
11,625
72,527
At 1 November 2022
3,160
5,711
1,261
10,132
Charge for the year
3,412
6,694
3,420
13,526
At 31 October 2023
6,572
12,405
4,681
23,658
At 31 October 2023
10,235
31,690
6,944
48,869
At 31 October 2022
9,480
22,789
2,527
34,796
AMW Contractors UK Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
30,408
4,351
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
756
Taxes and social security
19,988
14
Loans from directors
9,203
27,552
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
12,279
19,519
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).