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REGISTERED NUMBER: 06887202 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 July 2023

for

ARW Building Services Ltd

ARW Building Services Ltd (Registered number: 06887202)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ARW Building Services Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr J J Woodward





REGISTERED OFFICE: 5 Westbrook Court
Sharrowvale Road
Sheffield
South Yorkshire
S11 8YZ





REGISTERED NUMBER: 06887202 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

ARW Building Services Ltd (Registered number: 06887202)

Statement of Financial Position
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 34,145 16,206

CURRENT ASSETS
Debtors 5 25,621 64,213
Cash at bank and in hand 116,426 143,244
142,047 207,457
CREDITORS
Amounts falling due within one year 6 136,927 124,767
NET CURRENT ASSETS 5,120 82,690
TOTAL ASSETS LESS CURRENT LIABILITIES 39,265 98,896

CREDITORS
Amounts falling due after more than one
year

7

(32,441

)

(21,969

)

PROVISIONS FOR LIABILITIES 8 (6,488 ) (3,079 )
NET ASSETS 336 73,848

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 136 73,648
SHAREHOLDERS' FUNDS 336 73,848

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

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 director acknowledges his 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.

ARW Building Services Ltd (Registered number: 06887202)

Statement of Financial Position - continued
31 July 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 18 April 2024 and were signed by:





Mr J J Woodward - Director


ARW Building Services Ltd (Registered number: 06887202)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

ARW Building Services Ltd 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ARW Building Services Ltd (Registered number: 06887202)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 August 2022 92,047
Additions 33,480
Disposals (52,036 )
At 31 July 2023 73,491
DEPRECIATION
At 1 August 2022 75,841
Charge for year 11,212
Eliminated on disposal (47,707 )
At 31 July 2023 39,346
NET BOOK VALUE
At 31 July 2023 34,145
At 31 July 2022 16,206

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 19,700
DEPRECIATION
At 1 August 2022 11,571
Charge for year 9,030
At 31 July 2023 20,601
NET BOOK VALUE
At 31 July 2023 (901 )
At 31 July 2022 8,129

ARW Building Services Ltd (Registered number: 06887202)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,488 1,488
Amounts recoverable on contract 20,159 48,881
Directors' current accounts 3,974 -
VAT - 13,844
25,621 64,213

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,021 5,873
Hire purchase contracts 9,559 4,510
Trade creditors 12,312 31,858
Tax 54,430 55,460
CIS Tax 17,966 15,900
VAT 27,738 -
Directors' current accounts - 1,019
Accrued expenses 8,901 10,147
136,927 124,767

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 6,174 6,021
Bank loans - 2-5 years 5,264 11,437
Hire purchase contracts 21,003 4,511
32,441 21,969

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 6,488 3,079

Deferred
tax
£   
Balance at 1 August 2022 3,079
Charge to Income Statement during year 3,409
Balance at 31 July 2023 6,488

ARW Building Services Ltd (Registered number: 06887202)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
200 Ordinary £1 200 200

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
Mr J J Woodward
Balance outstanding at start of year (1,018 ) 6,831
Amounts advanced 155,965 94,791
Amounts repaid (150,973 ) (102,640 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,974 (1,018 )

11. RELATED PARTY DISCLOSURES

During the year the company paid dividends to the holding company, J Woodward Building Services Ltd. amounting to £65,000 (2022: £88,000).

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Woodward Building Services Ltd.