Registered number
07050243
A & H Welding Services Ltd
Filleted Accounts
30 September 2024
A & H Welding Services Ltd
Registered number: 07050243
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 - 4,683
Current assets
Stocks 5,000 5,000
Debtors 5 7,608 4,453
Cash at bank and in hand (243) 2,683
12,365 12,136
Creditors: amounts falling due within one year 6 (16,379) (17,007)
Net current liabilities (4,014) (4,871)
Total assets less current liabilities (4,014) (188)
Creditors: amounts falling due after more than one year 7 (63,468) (76,385)
Net liabilities (67,482) (76,573)
Capital and reserves
Called up share capital 1 1
Profit and loss account (67,483) (76,574)
Shareholders' funds (67,482) (76,573)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Snowden
Director
Approved by the board on 28 April 2025
A & H Welding Services Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 10,500
At 30 September 2024 10,500
Amortisation
At 1 October 2023 10,500
At 30 September 2024 10,500
Net book value
At 30 September 2024 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 19,527 22,500 42,027
At 30 September 2024 19,527 22,500 42,027
Depreciation
At 1 October 2023 19,527 17,817 37,344
Charge for the year - 4,683 4,683
At 30 September 2024 19,527 22,500 42,027
Net book value
At 30 September 2024 - - -
At 30 September 2023 - 4,683 4,683
5 Debtors 2024 2023
£ £
Trade debtors 7,608 4,453
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 5,250 8,250
Trade creditors 6,128 6,125
Other taxes and social security costs 3,612 1,189
Other creditors 1,389 1,443
16,379 17,007
7 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 63,468 76,385
8 Taxation
As at 30th September 2024 there were unrelieved trading losses of £63,100. (£ 74,316. 2023)
9 Other information
A & H Welding Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Strathallen
Park Bottom
Redruth
Cornwall
TR15 3UF
A & H Welding Services Ltd 07050243 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2024 A Snowden No description of principal activity 07050243 2022-10-01 2023-09-30 07050243 core:WithinOneYear 2023-09-30 07050243 core:AfterOneYear 2023-09-30 07050243 core:ShareCapital 2023-09-30 07050243 core:RetainedEarningsAccumulatedLosses 2023-09-30 07050243 2023-10-01 2024-09-30 07050243 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07050243 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07050243 bus:Director40 2023-10-01 2024-09-30 07050243 1 2023-10-01 2024-09-30 07050243 core:PlantMachinery 2023-10-01 2024-09-30 07050243 core:Vehicles 2023-10-01 2024-09-30 07050243 1 2023-10-01 2024-09-30 07050243 countries:England 2023-10-01 2024-09-30 07050243 bus:FRS102 2023-10-01 2024-09-30 07050243 bus:FilletedAccounts 2023-10-01 2024-09-30 07050243 2024-09-30 07050243 core:WithinOneYear 2024-09-30 07050243 core:AfterOneYear 2024-09-30 07050243 core:ShareCapital 2024-09-30 07050243 core:RetainedEarningsAccumulatedLosses 2024-09-30 07050243 core:Goodwill 2024-09-30 07050243 core:PlantMachinery 2024-09-30 07050243 core:Vehicles 2024-09-30 07050243 2023-09-30 07050243 core:Goodwill 2023-09-30 07050243 core:PlantMachinery 2023-09-30 07050243 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure