2023-05-012024-04-302024-04-30false10116582A & W PROPERTY SOLUTIONS LTD2025-01-1741202falseiso4217:GBPxbrli:pure101165822023-05-01101165822024-04-30101165822023-05-012024-04-30101165822022-05-01101165822023-04-30101165822022-05-012023-04-3010116582bus:SmallEntities2023-05-012024-04-3010116582bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3010116582bus:FullAccounts2023-05-012024-04-3010116582bus:PrivateLimitedCompanyLtd2023-05-012024-04-3010116582core:WithinOneYear2024-04-3010116582core:AfterOneYear2024-04-3010116582core:WithinOneYear2023-04-3010116582core:AfterOneYear2023-04-3010116582core:ShareCapital2024-04-3010116582core:SharePremium2024-04-3010116582core:RevaluationReserve2024-04-3010116582core:OtherReservesSubtotal2024-04-3010116582core:RetainedEarningsAccumulatedLosses2024-04-3010116582core:ShareCapital2023-04-3010116582core:SharePremium2023-04-3010116582core:RevaluationReserve2023-04-3010116582core:OtherReservesSubtotal2023-04-3010116582core:RetainedEarningsAccumulatedLosses2023-04-3010116582core:LandBuildings2024-04-3010116582core:PlantMachinery2024-04-3010116582core:Vehicles2024-04-3010116582core:FurnitureFittings2024-04-3010116582core:OfficeEquipment2024-04-3010116582core:NetGoodwill2024-04-3010116582core:IntangibleAssetsOtherThanGoodwill2024-04-3010116582core:ListedExchangeTraded2024-04-3010116582core:UnlistedNon-exchangeTraded2024-04-3010116582core:LandBuildings2023-04-3010116582core:PlantMachinery2023-04-3010116582core:Vehicles2023-04-3010116582core:FurnitureFittings2023-04-3010116582core:OfficeEquipment2023-04-3010116582core:NetGoodwill2023-04-3010116582core:IntangibleAssetsOtherThanGoodwill2023-04-3010116582core:ListedExchangeTraded2023-04-3010116582core:UnlistedNon-exchangeTraded2023-04-3010116582core:LandBuildings2023-05-012024-04-3010116582core:PlantMachinery2023-05-012024-04-3010116582core:Vehicles2023-05-012024-04-3010116582core:FurnitureFittings2023-05-012024-04-3010116582core:OfficeEquipment2023-05-012024-04-3010116582core:NetGoodwill2023-05-012024-04-3010116582core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3010116582core:ListedExchangeTraded2023-05-012024-04-3010116582core:UnlistedNon-exchangeTraded2023-05-012024-04-3010116582core:MoreThanFiveYears2023-05-012024-04-3010116582core:Non-currentFinancialInstruments2024-04-3010116582core:Non-currentFinancialInstruments2023-04-3010116582dpl:CostSales2023-05-012024-04-3010116582dpl:DistributionCosts2023-05-012024-04-3010116582core:LandBuildings2023-05-012024-04-3010116582core:PlantMachinery2023-05-012024-04-3010116582core:Vehicles2023-05-012024-04-3010116582core:FurnitureFittings2023-05-012024-04-3010116582core:OfficeEquipment2023-05-012024-04-3010116582dpl:AdministrativeExpenses2023-05-012024-04-3010116582core:NetGoodwill2023-05-012024-04-3010116582core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3010116582dpl:GroupUndertakings2023-05-012024-04-3010116582dpl:ParticipatingInterests2023-05-012024-04-3010116582dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3010116582core:ListedExchangeTraded2023-05-012024-04-3010116582dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3010116582core:UnlistedNon-exchangeTraded2023-05-012024-04-3010116582dpl:CostSales2022-05-012023-04-3010116582dpl:DistributionCosts2022-05-012023-04-3010116582core:LandBuildings2022-05-012023-04-3010116582core:PlantMachinery2022-05-012023-04-3010116582core:Vehicles2022-05-012023-04-3010116582core:FurnitureFittings2022-05-012023-04-3010116582core:OfficeEquipment2022-05-012023-04-3010116582dpl:AdministrativeExpenses2022-05-012023-04-3010116582core:NetGoodwill2022-05-012023-04-3010116582core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3010116582dpl:GroupUndertakings2022-05-012023-04-3010116582dpl:ParticipatingInterests2022-05-012023-04-3010116582dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3010116582core:ListedExchangeTraded2022-05-012023-04-3010116582dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3010116582core:UnlistedNon-exchangeTraded2022-05-012023-04-3010116582core:NetGoodwill2024-04-3010116582core:IntangibleAssetsOtherThanGoodwill2024-04-3010116582core:LandBuildings2024-04-3010116582core:PlantMachinery2024-04-3010116582core:Vehicles2024-04-3010116582core:FurnitureFittings2024-04-3010116582core:OfficeEquipment2024-04-3010116582core:AfterOneYear2024-04-3010116582core:WithinOneYear2024-04-3010116582core:ListedExchangeTraded2024-04-3010116582core:UnlistedNon-exchangeTraded2024-04-3010116582core:ShareCapital2024-04-3010116582core:SharePremium2024-04-3010116582core:RevaluationReserve2024-04-3010116582core:OtherReservesSubtotal2024-04-3010116582core:RetainedEarningsAccumulatedLosses2024-04-3010116582core:NetGoodwill2023-04-3010116582core:IntangibleAssetsOtherThanGoodwill2023-04-3010116582core:LandBuildings2023-04-3010116582core:PlantMachinery2023-04-3010116582core:Vehicles2023-04-3010116582core:FurnitureFittings2023-04-3010116582core:OfficeEquipment2023-04-3010116582core:AfterOneYear2023-04-3010116582core:WithinOneYear2023-04-3010116582core:ListedExchangeTraded2023-04-3010116582core:UnlistedNon-exchangeTraded2023-04-3010116582core:ShareCapital2023-04-3010116582core:SharePremium2023-04-3010116582core:RevaluationReserve2023-04-3010116582core:OtherReservesSubtotal2023-04-3010116582core:RetainedEarningsAccumulatedLosses2023-04-3010116582core:NetGoodwill2022-05-0110116582core:IntangibleAssetsOtherThanGoodwill2022-05-0110116582core:LandBuildings2022-05-0110116582core:PlantMachinery2022-05-0110116582core:Vehicles2022-05-0110116582core:FurnitureFittings2022-05-0110116582core:OfficeEquipment2022-05-0110116582core:AfterOneYear2022-05-0110116582core:WithinOneYear2022-05-0110116582core:ListedExchangeTraded2022-05-0110116582core:UnlistedNon-exchangeTraded2022-05-0110116582core:ShareCapital2022-05-0110116582core:SharePremium2022-05-0110116582core:RevaluationReserve2022-05-0110116582core:OtherReservesSubtotal2022-05-0110116582core:RetainedEarningsAccumulatedLosses2022-05-0110116582core:AfterOneYear2023-05-012024-04-3010116582core:WithinOneYear2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:CostValuation2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3010116582core:Non-currentFinancialInstrumentscore:CostValuation2024-04-3010116582core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-3010116582core:Non-currentFinancialInstrumentscore:CostValuation2023-04-3010116582core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-3010116582core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-3010116582core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-3010116582core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-3010116582core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-3010116582core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-3010116582core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-3010116582core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-3010116582bus:Director12023-05-012024-04-301011658212023-05-012024-04-30

A & W PROPERTY SOLUTIONS LTD

Registered Number
10116582
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

A & W PROPERTY SOLUTIONS LTD
Company Information
for the year from 1 May 2023 to 30 April 2024

Director

HARRIS, William David

Registered Address

3 Underwood Road
Newcastle
ST5 6QG

Registered Number

10116582 (England and Wales)
A & W PROPERTY SOLUTIONS LTD
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets38,6699,429
8,6699,429
Current assets
Debtors412,00811,850
Cash at bank and on hand3,6884,892
15,69616,742
Creditors amounts falling due within one year5(4,037)(5,502)
Net current assets (liabilities)11,65911,240
Total assets less current liabilities20,32820,669
Creditors amounts falling due after one year6(20,000)(20,000)
Net assets328669
Capital and reserves
Called up share capital1010
Profit and loss account318659
Shareholders' funds328669
The financial statements were approved and authorised for issue by the Director on 17 January 2025, and are signed on its behalf by:
HARRIS, William David
Director
Registered Company No. 10116582
A & W PROPERTY SOLUTIONS LTD
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below. (i) Useful economic lives of tangible assets The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and physical condition of the assets. See tangible assets note for the carrying amount of the assets and the accounting policy for the useful economic lives for each class of assets.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. A review for indicators of impairment is carried out at each reporting date, with recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purpose of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash- generating unit to which the asset belongs. The cash- generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or group of assets. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Reducing balance (%)
Plant and machinery20
Vehicles25
Office Equipment20
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 May 2310,5207,2001,48919,209
Additions336--336
At 30 April 2410,8567,2001,48919,545
Depreciation and impairment
At 01 May 236,0973,2004839,780
Charge for year1457502011,096
At 30 April 246,2423,95068410,876
Net book value
At 30 April 244,6143,2508058,669
At 30 April 234,4234,0001,0069,429
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables-840
Other debtors12,00811,010
Total12,00811,850
5.Creditors: amounts due within one year

2024

2023

££
Taxation and social security216510
Other creditors3,7714,493
Accrued liabilities and deferred income50499
Total4,0375,502
6.Creditors: amounts due after one year

2024

2023

££
Other creditors20,00020,000
Total20,00020,000
7.Events after reporting date
There were no material events up to the date of approval of the financial statements by the board.
8.Related party transactions
Transactions with directors are under normal market conditions and/or not material.