Silverfin false 31/05/2023 01/06/2022 31/05/2023 A H Webster 16/05/2021 M Webster 16/05/2021 22 February 2024 The principal activity of the Company during the financial period was other letting and operating of own or leased real estate. 13400275 2023-05-31 13400275 bus:Director1 2023-05-31 13400275 bus:Director2 2023-05-31 13400275 2022-05-31 13400275 core:CurrentFinancialInstruments 2023-05-31 13400275 core:CurrentFinancialInstruments 2022-05-31 13400275 core:Non-currentFinancialInstruments 2023-05-31 13400275 core:Non-currentFinancialInstruments 2022-05-31 13400275 core:ShareCapital 2023-05-31 13400275 core:ShareCapital 2022-05-31 13400275 core:RetainedEarningsAccumulatedLosses 2023-05-31 13400275 core:RetainedEarningsAccumulatedLosses 2022-05-31 13400275 bus:OrdinaryShareClass1 2023-05-31 13400275 2022-06-01 2023-05-31 13400275 bus:FullAccounts 2022-06-01 2023-05-31 13400275 bus:SmallEntities 2022-06-01 2023-05-31 13400275 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 13400275 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 13400275 bus:Director1 2022-06-01 2023-05-31 13400275 bus:Director2 2022-06-01 2023-05-31 13400275 2021-05-16 2022-05-31 13400275 core:Non-currentFinancialInstruments 2022-06-01 2023-05-31 13400275 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 13400275 bus:OrdinaryShareClass1 2021-05-16 2022-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13400275 (England and Wales)

AW4 LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

AW4 LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

AW4 LIMITED

COMPANY INFORMATION

For the financial year ended 31 May 2023
AW4 LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 May 2023
DIRECTORS A H Webster
M Webster
REGISTERED OFFICE Ground Floor
90 Victoria Street
Bristol
BS1 6DP
United Kingdom
COMPANY NUMBER 13400275 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
90 Victoria Street
Bristol
BS1 6DP
AW4 LIMITED

BALANCE SHEET

As at 31 May 2023
AW4 LIMITED

BALANCE SHEET (continued)

As at 31 May 2023
Note 31.05.2023 31.05.2022
£ £
Restated
Fixed assets
Investment property 3 340,794 340,794
340,794 340,794
Current assets
Debtors 4 3,067 3,022
Cash at bank and in hand 12,584 3,965
15,651 6,987
Creditors: amounts falling due within one year 5 ( 124,041) ( 120,485)
Net current liabilities (108,390) (113,498)
Total assets less current liabilities 232,404 227,296
Creditors: amounts falling due after more than one year 6 ( 237,871) ( 237,871)
Net liabilities ( 5,467) ( 10,575)
Capital and reserves
Called-up share capital 7 2 2
Profit and loss account ( 5,469 ) ( 10,577 )
Total shareholders' deficit ( 5,467) ( 10,575)

For the financial year ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of AW4 Limited (registered number: 13400275) were approved and authorised for issue by the Board of Directors on 22 February 2024. They were signed on its behalf by:

A H Webster
Director
AW4 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
AW4 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

AW4 Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor, 90 Victoria Street, Bristol, BS1 6DP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Rental income is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

• the amount of revenue can be measured reliably;
• it is probable that the Company will receive the consideration due under the contract.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

Year ended
31.05.2023
Period from
16.05.2021 to
31.05.2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Investment property

Investment property
£
Valuation
As at 01 June 2022 340,794
As at 31 May 2023 340,794

Valuation

The fair value of investment property is based on the directors’ best estimate having considered properties of a similar nature, condition and location and is not considered to be materially different from cost at the balance sheet date.

4. Debtors

31.05.2023 31.05.2022
£ £
Trade debtors 1,419 1,419
Prepayments 144 99
Other debtors 1,504 1,504
3,067 3,022

5. Creditors: amounts falling due within one year

31.05.2023 31.05.2022
£ £
Trade creditors 1,419 1,419
Amounts owed to directors 116,625 116,625
Accruals and deferred income 5,997 2,441
124,041 120,485

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

31.05.2023 31.05.2022
£ £
Other creditors 237,871 237,871

Loans are secured on the assets to which they relate.

7. Called-up share capital

31.05.2023 31.05.2022
£ £
Allotted, called-up and fully-paid
2 Ordinary share capital shares of £ 1.00 each 2 2

8. Prior year adjustment

A prior period adjustment was made to record £3,748 interest paid on creditors over one year, restating net assets at 31 May 2002 from £6,829 to £10,577.