Company Registration No. 11624329 (England and Wales)
DW-AIR LIMITED
Unaudited accounts
for the year ended 31 October 2023
DW-AIR LIMITED
Unaudited accounts
Contents
DW-AIR LIMITED
Company Information
for the year ended 31 October 2023
Director
Mr Martin Leonard
Company Number
11624329 (England and Wales)
Registered Office
20 Alltygrug Road
Ystalyfera
Swansea
SA9 2AQ
WALES
Accountants
RGS Accountants Limited
5 Commercial Street
Ystradgynlais
Swansea
SA9 1HD
DW-AIR LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
32,676
6,011
Cash at bank and in hand
26,265
30,953
Creditors: amounts falling due within one year
(23,889)
(14,588)
Net current assets
60,018
55,309
Total assets less current liabilities
92,694
61,320
Creditors: amounts falling due after more than one year
(18,961)
(9,036)
Called up share capital
1
1
Profit and loss account
73,732
52,283
Shareholders' funds
73,733
52,284
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 2 April 2024 and were signed on its behalf by
Mr Martin Leonard
Director
Company Registration No. 11624329
DW-AIR LIMITED
Notes to the Accounts
for the year ended 31 October 2023
DW-AIR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11624329. The registered office is 20 Alltygrug Road , Ystalyfera, Swansea, SA9 2AQ, WALES.
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 remained unchanged from the previous year, and also 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.
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
Straight Line - 3 Years
Motor vehicles
Diminishing Balance - 25%
Computer equipment
Straight Line - 3 Years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
1,997
13,500
422
15,919
Additions
3,869
30,000
1,083
34,952
Disposals
-
(13,500)
-
(13,500)
At 31 October 2023
5,866
30,000
1,505
37,371
At 1 November 2022
1,997
7,489
422
9,908
Charge for the year
1,290
625
361
2,276
On disposals
-
(7,489)
-
(7,489)
At 31 October 2023
3,287
625
783
4,695
At 31 October 2023
2,579
29,375
722
32,676
At 31 October 2022
-
6,011
-
6,011
DW-AIR LIMITED
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
44,626
36,896
Accrued income and prepayments
695
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,727
3,727
Obligations under finance leases and hire purchase contracts
6,640
-
Trade creditors
8,615
3,129
Taxes and social security
4,907
7,732
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
13,373
-
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).