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REGISTERED NUMBER: 06403760 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

AW Aluminium Limited

AW Aluminium Limited (Registered number: 06403760)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AW Aluminium Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr A Statham
Mr L A Wren





SECRETARY: Mr A Statham





REGISTERED OFFICE: Unit 33 Century Business Centre
Century Business Park
Manvers
Rotherham
South Yorkshire
S63 5DA





REGISTERED NUMBER: 06403760 (England and Wales)






AW Aluminium Limited (Registered number: 06403760)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 368,531 394,900

CURRENT ASSETS
Debtors 5 1,220,480 1,289,906
Cash at bank and in hand 74,666 208,845
1,295,146 1,498,751
CREDITORS
Amounts falling due within one year 6 722,471 974,638
NET CURRENT ASSETS 572,675 524,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

941,206

919,013

CREDITORS
Amounts falling due after more than one
year

7

(116,808

)

(170,348

)

PROVISIONS FOR LIABILITIES (80,940 ) (98,725 )
NET ASSETS 743,458 649,940

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Share premium 11 19,800 19,800
Retained earnings 11 722,658 629,140
SHAREHOLDERS' FUNDS 743,458 649,940

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Aluminium Limited (Registered number: 06403760)

Balance Sheet - continued
31 July 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 12 February 2025 and were signed on its behalf by:




Mr A Statham - Director



Mr L A Wren - Director


AW Aluminium Limited (Registered number: 06403760)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

AW Aluminium 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance, 15% on reducing balance and 10% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

AW Aluminium Limited (Registered number: 06403760)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 25 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 628,655
Additions 58,298
At 31 July 2024 686,953
DEPRECIATION
At 1 August 2023 233,755
Charge for year 84,667
At 31 July 2024 318,422
NET BOOK VALUE
At 31 July 2024 368,531
At 31 July 2023 394,900

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 317,739
Additions 54,602
Transfer to ownership (57,490 )
At 31 July 2024 314,851
DEPRECIATION
At 1 August 2023 86,864
Charge for year 53,739
Transfer to ownership (39,300 )
At 31 July 2024 101,303
NET BOOK VALUE
At 31 July 2024 213,548
At 31 July 2023 230,875

AW Aluminium Limited (Registered number: 06403760)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 520,878 605,956
Other debtors 699,602 683,950
1,220,480 1,289,906

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 50,000 50,000
Hire purchase contracts (see note 8) 35,056 62,132
Trade creditors 451,173 624,224
Taxation and social security 119,318 94,891
Other creditors 66,924 143,391
722,471 974,638

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 83,333 133,333
Hire purchase contracts (see note 8) 33,475 37,015
116,808 170,348

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.7.24 31.7.23
£    £   
Net obligations repayable:
Within one year 35,056 62,132
Between one and five years 33,475 37,015
68,531 99,147

9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank loans 133,333 183,333
Hire purchase contracts 68,531 99,147
201,864 282,480

AW Aluminium Limited (Registered number: 06403760)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 August 2023 629,140 19,800 648,940
Profit for the year 224,138 224,138
Dividends (130,620 ) (130,620 )
At 31 July 2024 722,658 19,800 742,458

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in debtors is £19,141 (2023: £20,020) in respect of loans to the directors. The loan is interest free with no fixed repayment terms.