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Company Registration No. 07179541 (England and Wales)
A.W.E. and Sons Limited Unaudited accounts for the year ended 31 March 2024
A.W.E. and Sons Limited Unaudited accounts Contents
Page
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A.W.E. and Sons Limited Company Information for the year ended 31 March 2024
Directors
Mr A Winstanley Mr D Winstanley
Company Number
07179541 (England and Wales)
Registered Office
1 Stable Court Business Centre Water Lane Farm Tarbock Green Merseyside L35 1RD
Accountants
Invictus Accountancy Services Limited 1 Stable Court Business Centre Water Lane Farm Tarbock Green Liverpool Merseyside L35 1RD
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A.W.E. and Sons Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,644 
155 
Current assets
Debtors
55,874 
53,718 
Cash at bank and in hand
19,065 
52,608 
74,939 
106,326 
Creditors: amounts falling due within one year
(44,723)
(54,326)
Net current assets
30,216 
52,000 
Total assets less current liabilities
42,860 
52,155 
Creditors: amounts falling due after more than one year
(14,463)
(26,717)
Net assets
28,397 
25,438 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
28,387 
25,428 
Shareholders' funds
28,397 
25,438 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by
Mr A Winstanley Director Company Registration No. 07179541
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A.W.E. and Sons Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
A.W.E. and Sons Limited is a private company, limited by shares, registered in England and Wales, registration number 07179541. The registered office is 1 Stable Court Business Centre, Water Lane Farm, Tarbock Green, Merseyside, L35 1RD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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A.W.E. and Sons Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
3,449 
18,795 
22,244 
Additions
- 
16,857 
16,857 
At 31 March 2024
3,449 
35,652 
39,101 
Depreciation
At 1 April 2023
3,294 
18,795 
22,089 
Charge for the year
154 
4,214 
4,368 
At 31 March 2024
3,448 
23,009 
26,457 
Net book value
At 31 March 2024
1 
12,643 
12,644 
At 31 March 2023
155 
- 
155 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,134 
- 
Accrued income and prepayments
44,740 
53,718 
55,874 
53,718 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,484 
- 
VAT
19,567 
14,144 
Obligations under finance leases and hire purchase contracts
2,538 
- 
Trade creditors
3,906 
- 
Taxes and social security
5,388 
34,022 
Other creditors
- 
1,180 
Loans from directors
30 
575 
Accruals
4,810 
4,405 
44,723 
54,326 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,578 
26,717 
Obligations under finance leases and hire purchase contracts
3,885 
- 
14,463 
26,717 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
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A.W.E. and Sons Limited Notes to the Accounts for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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