Company Registration No. 08746974 (England and Wales)
HW Controls & Assurance Limited
Unaudited accounts
for the year ended 31 March 2024
HW Controls & Assurance Limited
Unaudited accounts
Contents
HW Controls & Assurance Limited
Statement of financial position
as at 31 March 2024
Tangible assets
335,193
2,668
Cash at bank and in hand
449,239
309,426
Creditors: amounts falling due within one year
(275,354)
(188,634)
Net current assets
356,123
330,157
Total assets less current liabilities
691,316
332,825
Creditors: amounts falling due after more than one year
(226,283)
(63,941)
Net assets
465,033
268,884
Called up share capital
1,111
1,111
Profit and loss account
463,922
267,773
Shareholders' funds
465,033
268,884
For the year ending 31 March 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 28 November 2024 and were signed on its behalf by
Steven Connors
Director
Company Registration No. 08746974
HW Controls & Assurance Limited
Notes to the Accounts
for the year ended 31 March 2024
HW Controls & Assurance Limited is a private company, limited by shares, registered in England and Wales, registration number 08746974. The registered office is Unit 3 Crompton Court, Attwood Road, Burntwood, WS7 3GG, England.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2023
-
6,850
6,850
Additions
333,675
5,475
339,150
Disposals
-
(4,249)
(4,249)
At 31 March 2024
333,675
8,076
341,751
At 1 April 2023
-
4,182
4,182
Charge for the year
3,670
1,778
5,448
On disposals
-
(3,072)
(3,072)
At 31 March 2024
3,670
2,888
6,558
At 31 March 2024
330,005
5,188
335,193
At 31 March 2023
-
2,668
2,668
HW Controls & Assurance Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
109,037
153,927
Accrued income and prepayments
1,271
4,777
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
21,813
10,000
Trade creditors
15,359
21,882
Taxes and social security
158,689
111,762
Other creditors
17,155
1,876
Loans from directors
37,723
21,239
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Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
33,064
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Average number of employees
During the year the average number of employees was 12 (2023: 10).