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REGISTERED NUMBER: 12449222 (England and Wales)















AW & VW HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2024






AW & VW HOLDINGS LIMITED (REGISTERED NUMBER: 12449222)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AW & VW HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: A R Welch
V L Welch
L Welch
H Welch





REGISTERED OFFICE: The Glass House
Carr Lane
Off White Rose Way
Doncaster
South Yorkshire
DN4 5AA





REGISTERED NUMBER: 12449222 (England and Wales)






AW & VW HOLDINGS LIMITED (REGISTERED NUMBER: 12449222)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2 2
Investment property 5 5,455,271 5,123,290
5,455,273 5,123,292

CURRENT ASSETS
Debtors 6 357,004 616,288
Cash at bank 60,883 40,893
417,887 657,181
CREDITORS
Amounts falling due within one year 7 775,851 892,485
NET CURRENT LIABILITIES (357,964 ) (235,304 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,097,309

4,887,988

CREDITORS
Amounts falling due after more than one
year

8

(1,867,575

)

(1,973,384

)

PROVISIONS FOR LIABILITIES (226,822 ) (215,422 )
NET ASSETS 3,002,912 2,699,182

CAPITAL AND RESERVES
Called up share capital 2 2
Non-distributable funds 212,973 164,373
Retained earnings 2,789,937 2,534,807
3,002,912 2,699,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AW & VW HOLDINGS LIMITED (REGISTERED NUMBER: 12449222)

BALANCE SHEET - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:





A R Welch - Director


AW & VW HOLDINGS LIMITED (REGISTERED NUMBER: 12449222)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

AW & VW Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

AW & VW HOLDINGS LIMITED (REGISTERED NUMBER: 12449222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2023
and 31 May 2024 2
NET BOOK VALUE
At 31 May 2024 2
At 31 May 2023 2

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 5,123,290
Additions 271,981
Revaluations 60,000
At 31 May 2024 5,455,271
NET BOOK VALUE
At 31 May 2024 5,455,271
At 31 May 2023 5,123,290

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 5,455,271

If had not been revalued would have been included at the following historical cost:

2024 2023
£    £   
Cost 5,192,341 4,899,645

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,987 450
Other debtors 345,017 615,838
357,004 616,288

AW & VW HOLDINGS LIMITED (REGISTERED NUMBER: 12449222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 109,390 109,390
Trade creditors 2,432 -
Taxation and social security 5,977 5,241
Other creditors 658,052 777,854
775,851 892,485

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,867,575 1,973,384

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,533,938 1,611,143