AIW KEY CENTRE LIMITED

Company Registration Number:
02475170 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

AIW KEY CENTRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

AIW KEY CENTRE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 610,129 345,468
Investments: 4 100 100
Total fixed assets: 610,229 345,568
Current assets
Stocks: 430,673 548,761
Debtors:   379,771 423,858
Cash at bank and in hand: 4,860 935
Total current assets: 815,304 973,554
Creditors: amounts falling due within one year:   (333,534) (409,290)
Net current assets (liabilities): 481,770 564,264
Total assets less current liabilities: 1,091,999 909,832
Provision for liabilities: (15,045) (31,492)
Total net assets (liabilities): 1,076,954 878,340
Capital and reserves
Called up share capital: 101 101
Revaluation reserve:5281,1600
Other reserves: 795,693 878,239
Shareholders funds: 1,076,954 878,340

The notes form part of these financial statements

AIW KEY CENTRE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 August 2024
and signed on behalf of the board by:

Name: M.A. Bass
Status: Director

The notes form part of these financial statements

AIW KEY CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AIW KEY CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 20 23

AIW KEY CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 788,617
Additions 3,800
Revaluations 77,135
At 31 March 2024 869,552
Depreciation
At 01 April 2023 443,149
Charge for year 20,299
Other adjustments (204,025)
At 31 March 2024 259,423
Net book value
At 31 March 2024 610,129
At 31 March 2023 345,468

AIW KEY CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Shares in group undertakings at 1 April 2023 and 31 March 2024 = £100

AIW KEY CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Revaluation reserve

2024
£
Balance at 01 April 2023 0
Surplus or deficit after revaluation 281,160
Balance at 31 March 2024 281,160