Company Registration No. 09445884 (England and Wales)
ACIW LTD.
Unaudited accounts
for the year ended 31 January 2024
ACIW LTD.
Unaudited accounts
Contents
ACIW LTD.
Company Information
for the year ended 31 January 2024
Company Number
09445884 (England and Wales)
Registered Office
138-142 HIGH STREET
BRIERLEY HILL
WEST MIDLANDS
DY5 3BP
ENGLAND
Accountants
Muhammad Idrees
462 Dudley Road
BIRMINGHAM
B18 4HF
ACIW LTD.
Statement of financial position
as at 31 January 2024
Tangible assets
43,243
52,735
Inventories
142,000
138,000
Cash at bank and in hand
5,868
13,806
Creditors: amounts falling due within one year
(128,731)
(148,880)
Net current assets
19,137
2,926
Called up share capital
1,000
1,000
Profit and loss account
61,380
54,661
Shareholders' funds
62,380
55,661
For the year ending 31 January 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 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 20 August 2024 and were signed on its behalf by
Amit Chawla
Director
Company Registration No. 09445884
ACIW LTD.
Notes to the Accounts
for the year ended 31 January 2024
ACIW LTD. is a private company, limited by shares, registered in England and Wales, registration number 09445884. The registered office is 138-142 HIGH STREET, BRIERLEY HILL, WEST MIDLANDS, DY5 3BP, ENGLAND.
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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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
27,771
37,140
64,911
At 31 January 2024
27,771
37,140
64,911
At 1 February 2023
5,491
6,685
12,176
Charge for the year
4,010
5,482
9,492
At 31 January 2024
9,501
12,167
21,668
At 31 January 2024
18,270
24,973
43,243
At 31 January 2023
22,280
30,455
52,735
ACIW LTD.
Notes to the Accounts
for the year ended 31 January 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
19,674
30,947
Taxes and social security
2,757
1,619
Other creditors
25,614
35,891
Loans from directors
78,983
79,008
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Average number of employees
During the year the average number of employees was 7 (2023: 7).