IRIS Accounts Production v24.1.0.578 06899005 director 1.3.23 29.2.24 29.2.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068990052023-02-28068990052024-02-29068990052023-03-012024-02-29068990052022-02-28068990052022-03-012023-02-28068990052023-02-2806899005ns15:EnglandWales2023-03-012024-02-2906899005ns14:PoundSterling2023-03-012024-02-2906899005ns10:Director12023-03-012024-02-2906899005ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2906899005ns10:SmallEntities2023-03-012024-02-2906899005ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2906899005ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2906899005ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2906899005ns10:FullAccounts2023-03-012024-02-2906899005ns10:RegisteredOffice2023-03-012024-02-2906899005ns5:CurrentFinancialInstruments2024-02-2906899005ns5:CurrentFinancialInstruments2023-02-2806899005ns5:Non-currentFinancialInstruments2024-02-2906899005ns5:Non-currentFinancialInstruments2023-02-2806899005ns5:ShareCapital2024-02-2906899005ns5:ShareCapital2023-02-2806899005ns5:RevaluationReserve2024-02-2906899005ns5:RevaluationReserve2023-02-2806899005ns5:RetainedEarningsAccumulatedLosses2024-02-2906899005ns5:RetainedEarningsAccumulatedLosses2023-02-2806899005ns5:LandBuildings2023-02-2806899005ns5:LandBuildings2024-02-2906899005ns5:LandBuildings2023-02-2806899005ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2906899005ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2806899005ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-02-2906899005ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-02-2806899005ns5:RevaluationReserve2023-02-28
REGISTERED NUMBER: 06899005 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

ADW Limited

ADW Limited (Registered number: 06899005)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADW Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: A D Wormald





REGISTERED OFFICE: Suite 1
Buttershaw Works
Buttershaw Lane
Bradford
West Yorkshire
BD6 2DD





REGISTERED NUMBER: 06899005 (England and Wales)






ADW Limited (Registered number: 06899005)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 100,000 100,000

CURRENT ASSETS
Debtors 5 479,734 118,120
Cash at bank and in hand 633,435 662,318
1,113,169 780,438
CREDITORS
Amounts falling due within one year 6 1,063,448 693,327
NET CURRENT ASSETS 49,721 87,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,721

187,111

CREDITORS
Amounts falling due after more than one
year

7

(80,248

)

(121,661

)

PROVISIONS FOR LIABILITIES (9,993 ) (9,993 )
NET ASSETS 59,480 55,457

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 8 42,604 42,604
Retained earnings 16,866 12,843
SHAREHOLDERS' FUNDS 59,480 55,457

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

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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.

ADW Limited (Registered number: 06899005)

Balance Sheet - continued
29 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2024 and were signed by:





A D Wormald - Director


ADW Limited (Registered number: 06899005)

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

1. STATUTORY INFORMATION

ADW 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 March 2023
and 29 February 2024 100,000
NET BOOK VALUE
At 29 February 2024 100,000
At 28 February 2023 100,000

Cost or valuation at 29 February 2024 is represented by:

Land and
buildings
£   
Valuation in 2020 52,597
Cost 47,403
100,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 8,000 -
Other debtors 471,734 118,120
479,734 118,120

ADW Limited (Registered number: 06899005)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 1,061,269 691,944
Taxation and social security 1,024 228
Other creditors 1,155 1,155
1,063,448 693,327

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 30,248 31,661
Other creditors 50,000 90,000
80,248 121,661

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 25,000 25,000

Repayable by instalments
Bank loans more 5 yr by instal 30,248 31,661

8. RESERVES
Revaluation
reserve
£   
At 1 March 2023
and 29 February 2024 42,604

9. ULTIMATE CONTROLLING PARTY

At the year end, the company was a wholly owned subsidiary of ADW Holdings Ltd, a company registered in England and Wales. The whole group is deemed to be ultimately controlled by A D Wormald, director, by virtue of his majority shareholding in the ultimate parent company.