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REGISTERED NUMBER: 09681599 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 July 2024

for

PWS Rides Ltd

PWS Rides Ltd (Registered number: 09681599)






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


PWS Rides Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Miss Roseanne Silcock





REGISTERED OFFICE: Kimbers Lane Farm
Oakley Green Road
Windsor
SL4 4QF





REGISTERED NUMBER: 09681599 (England and Wales)





ACCOUNTANTS: Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF

PWS Rides Ltd (Registered number: 09681599)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 711 711
Tangible assets 5 2,897,627 661,467
2,898,338 662,178

CURRENT ASSETS
Stocks 6 1,320,000 950,000
Debtors 7 180,000 180,000
Cash at bank 313,798 51,634
1,813,798 1,181,634
CREDITORS
Amounts falling due within one year 8 (708,674 ) (326,757 )
NET CURRENT ASSETS 1,105,124 854,877
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,003,462

1,517,055

CREDITORS
Amounts falling due after more than one
year

9

(2,581,535

)

(476,107

)
NET ASSETS 1,421,927 1,040,948

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,421,926 1,040,947
1,421,927 1,040,948

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 her 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.

PWS Rides Ltd (Registered number: 09681599)

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 director and authorised for issue on 29 April 2025 and were signed by:





Miss Roseanne Silcock - Director


PWS Rides Ltd (Registered number: 09681599)

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

1. STATUTORY INFORMATION

PWS Rides Ltd 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 August 2023
and 31 July 2024 711
NET BOOK VALUE
At 31 July 2024 711
At 31 July 2023 711

PWS Rides Ltd (Registered number: 09681599)

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

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2023 952,680 9,971 962,651
Additions 2,655,610 12,380 2,667,990
At 31 July 2024 3,608,290 22,351 3,630,641
DEPRECIATION
At 1 August 2023 293,777 7,407 301,184
Charge for year 428,842 2,988 431,830
At 31 July 2024 722,619 10,395 733,014
NET BOOK VALUE
At 31 July 2024 2,885,671 11,956 2,897,627
At 31 July 2023 658,903 2,564 661,467

6. STOCKS
2024 2023
£    £   
Stocks 1,320,000 950,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 180,000 180,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 445,871 111,385
Trade creditors - 7,116
Social security and other taxes 73 73
VAT 256,275 182,763
Other creditors 1,434 1,434
Directors' loan accounts 921 19,886
Accrued expenses 4,100 4,100
708,674 326,757

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 2,340,589 -
Hire purchase contracts 240,946 476,107
2,581,535 476,107

PWS Rides Ltd (Registered number: 09681599)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,340,589 -