2022-08-01 05511888 2023-07-31 05511888 2022-08-01 2023-07-31 05511888 2022-07-31 05511888 2021-08-01 2022-07-31 05511888 uk-core:WithinOneYear 2022-07-31 05511888 uk-core:WithinOneYear 2023-07-31 05511888 uk-core:ShareCapital 2023-07-31 05511888 uk-core:ShareCapital 2022-07-31 05511888 uk-core:SharePremium 2023-07-31 05511888 uk-core:SharePremium 2022-07-31 05511888 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 05511888 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 05511888 uk-bus:Director1 2022-08-01 2023-07-31 05511888 uk-core:ComputerEquipment 2022-07-31 05511888 uk-core:CommercialMotorVehicles 2022-07-31 05511888 uk-core:PlantMachinery 2022-07-31 05511888 uk-core:ComputerEquipment 2022-08-01 2023-07-31 05511888 uk-core:CommercialMotorVehicles 2022-08-01 2023-07-31 05511888 uk-core:PlantMachinery 2022-08-01 2023-07-31 05511888 uk-core:PlantMachinery 2023-07-31 05511888 uk-core:CommercialMotorVehicles 2023-07-31 05511888 uk-core:ComputerEquipment 2023-07-31 iso4217:GBP xbrli:pure 05511888 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 05511888 uk-bus:FRS102 2022-08-01 2023-07-31 05511888 uk-bus:FilletedAccounts 2022-08-01 2023-07-31 05511888 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
Automatic Welding Systems Ltd
Registered Number:05511888
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
05511888
As at 31 July 2023
Automatic Welding Systems Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
5,000
-
2
5,000
-
Current assets
Inventories
21,000
75,000
3
Trade and other receivables
53,526
56,261
4
113,894
Cash and cash equivalents
65,545
196,806
188,420
Trade and other payables: amounts falling due within one
year
(33,977)
(153,748)
5
154,443
43,058
Net current assets
Total assets less current liabilities
48,058
154,443
48,058
Net assets
154,443
Capital and reserves
Called up share capital
97
97
Share premium account
70,000
70,000
Retained earnings
(22,039)
84,346
48,058
154,443
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr John Strafford Director
These financial statements were approved and authorised for issue by the Board on 08 April 2024 and were signed by:
The notes form part of these financial statements
1 of 3
3
For the year ended 31 July 2023
Automatic Welding Systems Ltd
Notes to the Financial Statements
Statutory Information
Automatic Welding Systems Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05511888.
Principal place of business:
Unit A1
Fiveways Industrial Estate
Corsham
Wiltshire
SN13 9RG
Registered address:
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 August 2022
34,881
6,536
-
28,345
5,000
-
5,000
-
Additions
At 31 July 2023
28,345
5,000
6,536
39,881
Provision for depreciation and impairment
At 01 August 2022
34,881
6,536
-
28,345
At 31 July 2023
34,881
6,536
-
28,345
At 31 July 2023
Net book value
-
5,000
-
5,000
At 31 July 2022
-
-
-
-
3. Inventories
2022
2023
£
£
Stocks
75,000
21,000
2 of 3
4
For the year ended 31 July 2023
Automatic Welding Systems Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Other debtors
56,261
53,526
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
12,969
3,830
Taxation and social security
2,419
-
Other creditors
138,360
30,147
153,748
33,977
6. Average number of persons employed
During the year the average number of employees was 2
3 of 3