Registered number: 09451153 | ||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||
Prepared By: | ||||||||
Primus Accounting Ltd | ||||||||
896 Woodborough Road | ||||||||
Nottingham | ||||||||
NG3 5QR |
PWS WELD LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09451153 | ||||||||
ACCOUNTANTS | ||||||||
Primus Accounting Ltd | ||||||||
896 Woodborough Road | ||||||||
Nottingham | ||||||||
NG3 5QR |
PWS WELD LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED29/02/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
PWS WELD LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
235,862 | 215,895 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 177,179 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Revaluation reserve | 1c,7 | 100 | 200 | |||||||
Profit and loss account | 246,750 | 193,275 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
PWS WELD LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | straight line 25% | |||||||
Motor Cars | straight line 20% |
1c. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 7). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
PWS WELD LTD | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Equipment | Motor Cars | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/03/2023 | 4,575 | 39,046 | 43,621 | |||
Additions | - | 21,240 | 21,240 | |||
At 29/02/2024 | 4,575 | 60,286 | 64,861 | |||
Depreciation | ||||||
At 01/03/2023 | 2,774 | 24,451 | 27,225 | |||
For the year | 975 | 4,999 | 5,974 | |||
At 29/02/2024 | 3,749 | 29,450 | 33,199 | |||
Net Book Amounts | ||||||
At 29/02/2024 | 31,662 | |||||
At 28/02/2023 | 16,396 | |||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | - | 13,696 | ||||||
Prepayments | 309 | 635 | ||||||
309 | 14,331 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 18,466 | 28,832 | ||||||
Trade creditors | 2,108 | 7,419 | ||||||
Other creditors | - | 2,465 | ||||||
20,574 | 38,716 | |||||||
6. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
PWS WELD LTD | ||||||||
7. REVALUATION RESERVE | 2024 | 2023 | ||||||
£ | £ | |||||||
Revaluation reserve | 100 | 200 | ||||||
100 | 200 | |||||||