Company Registration No. 13738630 (England and Wales)
AWH DEVELOPMENTS LTD
Unaudited accounts
for the period from 11 November 2021 to 30 November 2022
AWH DEVELOPMENTS LTD
Unaudited accounts
Contents
AWH DEVELOPMENTS LTD
Company Information
for the period from 11 November 2021 to 30 November 2022
Director
Anthony William Hayes
Company Number
13738630 (England and Wales)
Registered Office
C/O SWIFT ACCOUNTING,GROUND FLOOR
THE CUSTOM HOUSE, THE STRAND
BARNSTAPLE
DEVON
EX31 1EU
ENGLAND
Accountants
Swift Accounting & Bookkeeping Services Ltd
Ground Floor, The Custom House
The Strand
Barnstaple
Devon
EX31 1EU
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AWH DEVELOPMENTS LTD for the period from 11 November 2021 to 30 November 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
AWH DEVELOPMENTS LTD for the period from
11 November 2021 to
30 November 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Swift Accounting & Bookkeeping Services Ltd
Chartered Accountants
Ground Floor, The Custom House
The Strand
Barnstaple
Devon
EX31 1EU
8 February 2024
AWH DEVELOPMENTS LTD
Statement of financial position
as at 30 November 2022
Cash at bank and in hand
984
Creditors: amounts falling due within one year
(162,508)
Net current liabilities
(161,524)
Total assets less current liabilities
367,392
Creditors: amounts falling due after more than one year
(381,139)
Profit and loss account
(13,747)
Shareholders' funds
(13,747)
For the period ending 30 November 2022 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 8 February 2024 and were signed on its behalf by
Anthony William Hayes
Director
Company Registration No. 13738630
AWH DEVELOPMENTS LTD
Notes to the Accounts
for the period from 11 November 2021 to 30 November 2022
AWH DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13738630. The registered office is C/O SWIFT ACCOUNTING,GROUND FLOOR, THE CUSTOM HOUSE, THE STRAND, BARNSTAPLE, DEVON, EX31 1EU, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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
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:
Land & buildings
No depreciation
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
AWH DEVELOPMENTS LTD
Notes to the Accounts
for the period from 11 November 2021 to 30 November 2022
4
Tangible fixed assets
Land & buildings
At 30 November 2022
528,916
At 30 November 2022
528,916
5
Creditors: amounts falling due within one year
2022
Loans from directors
160,528
6
Creditors: amounts falling due after more than one year
2022
Aggregate of amounts that fall due for payment after five years
381,139
Fixed charges have been applied by the lenders, relating to both properties owned by the company.
7
Average number of employees
During the period the average number of employees was 0.