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REGISTERED NUMBER: 10482928 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2023

for

A W & E W Property Services Limited

A W & E W Property Services Limited (Registered number: 10482928)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A W & E W Property Services Limited

Company Information
for the Year Ended 31st March 2023







DIRECTOR: Mrs E A Windsor





REGISTERED OFFICE: 312 Torquay Road
Preston
Paignton
Devon
TQ3 2DZ





REGISTERED NUMBER: 10482928 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

A W & E W Property Services Limited (Registered number: 10482928)

Balance Sheet
31st March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 1,865,297 754,089

CURRENT ASSETS
Debtors 5 229,612 -
Cash at bank 45,399 1
275,011 1
CREDITORS
Amounts falling due within one year 6 (81,479 ) (2,159 )
NET CURRENT ASSETS/(LIABILITIES) 193,532 (2,158 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,058,829 751,931

CREDITORS
Amounts falling due after more than one
year

7

(1,044,749

)

(787,071

)

PROVISIONS FOR LIABILITIES (183,940 ) -
NET ASSETS/(LIABILITIES) 830,140 (35,140 )

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 784,166 -
Retained earnings 45,874 (35,240 )
830,140 (35,140 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

A W & E W Property Services Limited (Registered number: 10482928)

Balance Sheet - continued
31st March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6th February 2024 and were signed by:





Mrs E A Windsor - Director


A W & E W Property Services Limited (Registered number: 10482928)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. STATUTORY INFORMATION

A W & E W Property Services 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 as modified by the revaluation of certain assets.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

A W & E W Property Services Limited (Registered number: 10482928)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022 754,089
Additions 143,102
Revaluations 968,106
At 31st March 2023 1,865,297
NET BOOK VALUE
At 31st March 2023 1,865,297
At 31st March 2022 754,089

Fair value at 31st March 2023 is represented by:
£   
Valuation in 2023 968,106
Cost 897,191
1,865,297

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 229,612 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 10,760 -
Other creditors 70,719 2,159
81,479 2,159

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 1,044,749 787,071

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Mortgages 773,235 506,912

A W & E W Property Services Limited (Registered number: 10482928)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

9. RESERVES
Revaluation
reserve
£   
Movement 784,166

At 31st March 2023 784,166