2023-03-01 08400901 2024-02-29 08400901 2023-03-01 2024-02-29 08400901 2023-02-28 08400901 2022-03-01 2023-02-28 08400901 uk-core:WithinOneYear 2023-02-28 08400901 uk-core:WithinOneYear 2024-02-29 08400901 uk-core:AfterOneYear 2023-02-28 08400901 uk-core:AfterOneYear 2024-02-29 08400901 uk-core:ShareCapital 2024-02-29 08400901 uk-core:ShareCapital 2023-02-28 08400901 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 08400901 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 08400901 uk-bus:Director1 2023-03-01 2024-02-29 08400901 uk-core:NetGoodwill 2023-03-01 2024-02-29 08400901 uk-core:PlantMachinery 2023-03-01 2024-02-29 08400901 uk-core:FurnitureFittings 2023-03-01 2024-02-29 08400901 uk-core:Goodwill 2023-02-28 08400901 uk-core:Goodwill 2024-02-29 08400901 uk-core:FurnitureFittings 2023-02-28 08400901 uk-core:MotorVehicles 2023-02-28 08400901 uk-core:MotorVehicles 2023-03-01 2024-02-29 08400901 uk-core:MotorVehicles 2024-02-29 08400901 uk-core:FurnitureFittings 2024-02-29 08400901 uk-core:WithinOneYear 2024-02-29 08400901 uk-core:WithinOneYear 2023-02-28 08400901 uk-core:AfterOneYear uk-core:Secured 2024-02-29 08400901 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 08400901 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 08400901 uk-bus:FRS102 2023-03-01 2024-02-29 08400901 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 08400901 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
A W Gasfitting Ltd
Registered Number:08400901
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
A W Gasfitting Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08400901
As at 29 February 2024
A W Gasfitting Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
10,000
1,995
3
10,000
1,995
Current assets
Trade and other receivables
18,644
17,276
4
-
Cash and cash equivalents
328
17,604
18,644
Trade and other payables: amounts falling due within one year
(12,870)
(15,255)
5
5,774
2,349
Net current assets
Total assets less current liabilities
12,349
7,769
Trade and other payables: amounts falling due after more than one
year
(16,364)
(14,364)
6
(2,015)
Net liabilities
(8,595)
Capital and reserves
Called up share capital
1
1
Retained earnings
(2,016)
(8,596)
(2,015)
(8,595)
Shareholders' funds
For the year ended 29 February 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 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 proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Anthony William Dowling Director
These financial statements were approved and authorised for issue by the Board on 25 March 2025 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 29 February 2024
A W Gasfitting Ltd
Notes to the Financial Statements
Statutory Information
A W Gasfitting Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
08400901.
Registered address:
31A Valiant Close
Liverpool
L12 0SA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 March 2023
10,000
At 29 February 2024
10,000
Amortisation
At 01 March 2023
10,000
At 29 February 2024
10,000
Net book value
At 29 February 2024
-
At 28 February 2023
-
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5
For the year ended 29 February 2024
A W Gasfitting Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
£
£
£
Cost or valuation
At 01 March 2023
17,507
807
16,700
13,275
-
13,275
Additions
-
(16,700)
Disposals
(16,700)
At 29 February 2024
13,275
807
14,082
Provision for depreciation and impairment
At 01 March 2023
15,512
748
14,764
Charge for year
3,334
15
3,319
(14,764)
-
(14,764)
On disposal
At 29 February 2024
4,082
763
3,319
At 29 February 2024
Net book value
9,956
44
10,000
At 28 February 2023
1,936
59
1,995
4. Trade and other receivables
2023
2024
£
£
Trade debtors
4,000
4,500
Other debtors
13,276
14,144
18,644
17,276
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
2,350
Trade creditors
4,450
2,908
Taxation and social security
1,289
4,627
Other creditors
9,516
2,985
15,255
12,870
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
14,364
16,364
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6
For the year ended 29 February 2024
A W Gasfitting Ltd
Notes to the Financial Statements Continued
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
4 of 4