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REGISTERED NUMBER: 05377241 (England and Wales)










Unaudited Financial Statements

for the Year Ended 29th February 2024

for

A W Cole Services Limited

A W Cole Services Limited (Registered number: 05377241)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


A W Cole Services Limited

Company Information
for the Year Ended 29th February 2024







DIRECTOR: S A Cole





SECRETARY: Mrs E J Cole





REGISTERED OFFICE: Lynrose
Upper Minety
Malmesbury
Wiltshire
SN16 9PR





REGISTERED NUMBER: 05377241 (England and Wales)





ACCOUNTANTS: AMM Bookkeeping & Accountancy
4 Longlands
West End Gardens
Fairford
Gloucestershire
GL7 4LG

A W Cole Services Limited (Registered number: 05377241)

Statement of Financial Position
29th February 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,488 1,893

CURRENT ASSETS
Stocks 725 780
Debtors 5 1,904 1,437
Cash at bank and in hand 4,044 5,991
6,673 8,208
CREDITORS
Amounts falling due within one year 6 (6,394 ) (4,580 )
NET CURRENT ASSETS 279 3,628
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,767

5,521

PROVISIONS FOR LIABILITIES - (71 )
NET ASSETS 1,767 5,450

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings (233 ) 3,450
SHAREHOLDERS' FUNDS 1,767 5,450

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

A W Cole Services Limited (Registered number: 05377241)

Statement of Financial Position - continued
29th February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th November 2024 and were signed by:





S A Cole - Director


A W Cole Services Limited (Registered number: 05377241)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

A W Cole Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

A W Cole Services Limited (Registered number: 05377241)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant & Motor Office
Machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st March 2023 3,099 8,995 662 12,756
Additions - - 219 219
Disposals - - (178 ) (178 )
At 29th February 2024 3,099 8,995 703 12,797
DEPRECIATION
At 1st March 2023 2,805 7,396 662 10,863
Charge for year 151 400 73 624
Eliminated on disposal - - (178 ) (178 )
At 29th February 2024 2,956 7,796 557 11,309
NET BOOK VALUE
At 29th February 2024 143 1,199 146 1,488
At 28th February 2023 294 1,599 - 1,893

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 1,351 1,240
Other debtors 553 197
1,904 1,437

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 646 562
Taxation and social security 2,722 1,372
Other creditors 3,026 2,646
6,394 4,580