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REGISTERED NUMBER: 03285763


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

A M POWELL CONTRACTORS LIMITED

A M POWELL CONTRACTORS LIMITED (REGISTERED NUMBER: 03285763)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A M POWELL CONTRACTORS LIMITED

COMPANY INFORMATION
for the Year Ended 31st December 2023







DIRECTOR: A M Powell





SECRETARY: Mrs P Powell





REGISTERED OFFICE: 8 Wyatts Lane
Cowes
Isle of Wight
PO31 8QB





REGISTERED NUMBER: 03285763





ACCOUNTANTS: Draper Accountants Limited
3 Quarry Close
Green Lane
Leatherhead
Surrey
KT22 8US

A M POWELL CONTRACTORS LIMITED (REGISTERED NUMBER: 03285763)

BALANCE SHEET
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 215 1,060

CURRENT ASSETS
Stocks 1,900 1,900
Debtors 5 17,789 6,746
Cash at bank 11,734 42,650
31,423 51,296
CREDITORS
Amounts falling due within one year 6 19,902 21,453
NET CURRENT ASSETS 11,521 29,843
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,736

30,903

CREDITORS
Amounts falling due after more than one
year

7

10,546

16,427
NET ASSETS 1,190 14,476

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,188 14,474
SHAREHOLDERS' FUNDS 1,190 14,476

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

A M POWELL CONTRACTORS LIMITED (REGISTERED NUMBER: 03285763)

BALANCE SHEET - continued
31st December 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 18th July 2024 and were signed by:





A M Powell - Director


A M POWELL CONTRACTORS LIMITED (REGISTERED NUMBER: 03285763)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

A M Powell Contractors Limited is a private company, limited by shares , registered in Not specified/Other. 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
Turnover 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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st January 2023
and 31st December 2023 2,007 9,207 11,214
DEPRECIATION
At 1st January 2023 1,977 8,177 10,154
Charge for year 30 815 845
At 31st December 2023 2,007 8,992 10,999
NET BOOK VALUE
At 31st December 2023 - 215 215
At 31st December 2022 30 1,030 1,060

A M POWELL CONTRACTORS LIMITED (REGISTERED NUMBER: 03285763)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,836 369
Other debtors 6,953 6,377
17,789 6,746

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,389 6,389
Trade creditors 12,084 4,951
Taxation and social security 186 8,261
Other creditors 1,243 1,852
19,902 21,453

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 10,546 16,427