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Company Registration No. 09068566 (England and Wales)
AWE CONTRACTORS LTD Unaudited accounts for the year ended 30 June 2024
AWE CONTRACTORS LTD Unaudited accounts Contents
Page
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AWE CONTRACTORS LTD Company Information for the year ended 30 June 2024
Directors
Paul Terence Colley Alex Paul Whitfield Tracey Maria Whitfield
Company Number
09068566 (England and Wales)
Registered Office
Hursley Campus Hursley Park Road Hursley Winchester Hampshire SO21 2JN United Kingdom
Accountants
TBT Accountancy Ltd Hursley Campus Hursley Park Road Hursley Winchester Hampshire SO21 2JN
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AWE CONTRACTORS LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,575 
18,100 
Investments
1 
1 
13,576 
18,101 
Current assets
Debtors
105,798 
183,465 
Cash at bank and in hand
243,568 
62,598 
349,366 
246,063 
Creditors: amounts falling due within one year
(169,599)
(153,385)
Net current assets
179,767 
92,678 
Total assets less current liabilities
193,343 
110,779 
Creditors: amounts falling due after more than one year
(37,938)
(54,172)
Provisions for liabilities
Deferred tax
(2,579)
(3,439)
Net assets
152,826 
53,168 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
152,526 
52,868 
Shareholders' funds
152,826 
53,168 
For the year ending 30 June 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 16 September 2024 and were signed on its behalf by
Tracey Maria Whitfield Director Company Registration No. 09068566
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AWE CONTRACTORS LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
AWE CONTRACTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 09068566. The registered office is Hursley Campus, Hursley Park Road, Hursley, Winchester, Hampshire, SO21 2JN, United Kingdom.
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.
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:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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AWE CONTRACTORS LTD Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
5,000 
48,122 
379 
2,719 
56,220 
At 30 June 2024
5,000 
48,122 
379 
2,719 
56,220 
Depreciation
At 1 July 2023
4,625 
31,149 
379 
1,967 
38,120 
Charge for the year
94 
4,243 
- 
188 
4,525 
At 30 June 2024
4,719 
35,392 
379 
2,155 
42,645 
Net book value
At 30 June 2024
281 
12,730 
- 
564 
13,575 
At 30 June 2023
375 
16,973 
- 
752 
18,100 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 July 2023
1 
Valuation at 30 June 2024
1 
Details of the company's subsidiaries as at 28 February 2024 are as follows: AWE Investments Limited, England and Wales, Ordinary shares The aggregate capital and reserves of the subsidiaries noted above was as follows: AWE Investments Limited, (£5,179) The result for the year of the subsidiaries was as follows: AWE Investments Limited, (£5,180) The subsidiary has an accounting year end of 28th February. The results presented above are for the year ended 28th February 2024.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,020 
88,738 
Accrued income and prepayments
9,488 
7,432 
Other debtors
92,290 
87,295 
105,798 
183,465 
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AWE CONTRACTORS LTD Notes to the Accounts for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,934 
10,934 
VAT
20,710 
21,615 
Trade creditors
60,973 
6,400 
Taxes and social security
76,378 
42,663 
Other creditors
604 
1,003 
Loans from directors
- 
1,205 
Accruals
- 
800 
Deferred income
- 
68,765 
169,599 
153,385 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,938 
54,172 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Paul Terence Colley
Director loan
733 
96,336 
97,069 
- 
Alex Paul Whitfield
Director loan
236 
53,366 
53,602 
- 
Tracey Maria Whitfield
Director loan
236 
53,366 
53,602 
- 
1,205 
203,068 
204,273 
- 
These loans are included within current liabilities. Director loans to the company are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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