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REGISTERED NUMBER: 08731891 (England and Wales)








REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

AW DEMOLITION LIMITED

AW DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 8


AW DEMOLITION LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: Mr A R Wilkinson



REGISTERED OFFICE: Office 4
145 - 147 Liverpool Road
Cadishead
Manchester
M44 5BT



REGISTERED NUMBER: 08731891 (England and Wales)



ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD



BANKERS: The Royal Bank of Scotland
10 High Street
Cheadle
Cheshire
SK8 1AL

AW DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)

REPORT OF THE DIRECTOR
for the Year Ended 31 July 2024

The director presents his report with the financial statements of the company for the year ended 31 July 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of demolition services.

DIRECTOR
Mr A R Wilkinson held office during the whole of the period from 1 August 2023 to the date of this report.

The director shown below was in office at 31 July 2024 but did not hold any interest in the Ordinary shares of £1.00 each at 1 August 2023 or 31 July 2024.

Mr A R Wilkinson

POLITICAL DONATIONS AND EXPENDITURE
During the year the company made donations totalling £16,040 (2023 - £7,031).

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A R Wilkinson - Director


29 January 2025

AW DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)

BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 437
Tangible assets 5 472,500 1,999,118
Investment property 6 76,310 -
548,810 1,999,555

CURRENT ASSETS
Stocks 518,051 298,225
Debtors 7 583,679 833,225
Cash at bank and in hand 286,155 186,806
1,387,885 1,318,256
CREDITORS
Amounts falling due within one year 8 (611,915 ) (925,940 )
NET CURRENT ASSETS 775,970 392,316
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,324,780

2,391,871

CREDITORS
Amounts falling due after more than one
year

9

(256,095

)

(315,116

)

PROVISIONS FOR LIABILITIES (100,466 ) (470,478 )
NET ASSETS 968,219 1,606,277

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 968,119 1,606,177
SHAREHOLDERS' FUNDS 968,219 1,606,277

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 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.

AW DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





Mr A R Wilkinson - Director


AW DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

AW Demolition 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.

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 nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 2% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)

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 12 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 15,000
AMORTISATION
At 1 August 2023 14,563
Amortisation for year 437
At 31 July 2024 15,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 437

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 1,888,016 6,662 480,949 6,955 2,382,582
Additions 505,709 6,133 259,684 - 771,526
Disposals (1,893,725 ) (12,795 ) (740,633 ) (6,955 ) (2,654,108 )
At 31 July 2024 500,000 - - - 500,000
DEPRECIATION
At 1 August 2023 230,081 4,669 143,343 5,371 383,464
Charge for year 106,192 853 109,757 396 217,198
Eliminated on disposal (308,773 ) (5,522 ) (253,100 ) (5,767 ) (573,162 )
At 31 July 2024 27,500 - - - 27,500
NET BOOK VALUE
At 31 July 2024 472,500 - - - 472,500
At 31 July 2023 1,657,935 1,993 337,606 1,584 1,999,118

AW DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 August 2023 1,242,000
Additions 140,000
Transfer to ownership (882,000 )
At 31 July 2024 500,000
DEPRECIATION
At 1 August 2023 199,325
Charge for year 21,500
Transfer to ownership (193,325 )
At 31 July 2024 27,500
NET BOOK VALUE
At 31 July 2024 472,500
At 31 July 2023 1,042,675

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 76,310
At 31 July 2024 76,310
NET BOOK VALUE
At 31 July 2024 76,310

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 550,673 812,351
Amounts owed by group undertakings 349 -
Other debtors 32,657 20,874
583,679 833,225

AW DEMOLITION LIMITED (REGISTERED NUMBER: 08731891)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 38,188 49,500
Hire purchase contracts (see note 10) 83,324 140,013
Trade creditors 120,962 297,146
Amounts owed to group undertakings 4,591 223,352
Taxation and social security 279,649 152,526
Other creditors 85,201 63,403
611,915 925,940

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 33,963 66,008
Hire purchase contracts (see note 10) 222,132 249,108
256,095 315,116

10. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.7.24 31.7.23
£    £   
Net obligations repayable:
Within one year 83,324 140,013
Between one and five years 222,132 249,108
305,456 389,121

11. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Hire purchase contracts 305,456 389,121

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A R Wilkinson.