Company Registration No. 08267176 (England and Wales)
Awb Recycling Limited
Unaudited accounts
for the year ended 31 October 2024
Awb Recycling Limited
Unaudited accounts
Contents
Awb Recycling Limited
Company Information
for the year ended 31 October 2024
Directors
Mr Alan William Bray
Mr Alan Leonard William Bray
Company Number
08267176 (England and Wales)
Registered Office
The Waste Transfer Yard
Longmoor Road
Liphook
Hampshire
GU7 7PG
United Kingdom
Accountants
Tame The Taxman Ltd
6 Azalea Avenue
Lindford
Bordon
Hampshire
GU35 0YD
Awb Recycling Limited
Statement of financial position
as at 31 October 2024
Tangible assets
198,278
227,003
Inventories
51,060
127,760
Cash at bank and in hand
870
136
Creditors: amounts falling due within one year
(274,658)
(280,145)
Net current liabilities
(99,930)
(39,179)
Total assets less current liabilities
98,348
187,824
Creditors: amounts falling due after more than one year
(53,591)
(88,857)
Provisions for liabilities
Deferred tax
(25,651)
(28,231)
Profit and loss account
19,103
70,733
Shareholders' funds
19,106
70,736
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by
Mr Alan William Bray
Director
Company Registration No. 08267176
Awb Recycling Limited
Notes to the Accounts
for the year ended 31 October 2024
Awb Recycling Limited is a private company, limited by shares, registered in England and Wales, registration number 08267176. The registered office is The Waste Transfer Yard, Longmoor Road , Liphook, Hampshire, GU7 7PG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2023
35,499
319,575
10,855
8,672
4,670
379,271
At 31 October 2024
35,499
319,575
10,855
8,672
4,670
379,271
At 1 November 2023
-
146,497
1,628
1,834
2,309
152,268
Charge for the year
-
25,961
1,384
1,025
355
28,725
At 31 October 2024
-
172,458
3,012
2,859
2,664
180,993
At 31 October 2024
35,499
147,117
7,843
5,813
2,006
198,278
At 31 October 2023
35,499
173,078
9,227
6,838
2,361
227,003
Awb Recycling Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Other debtors
122,535
113,070
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
97,449
49,002
Obligations under finance leases and hire purchase contracts
6,130
10,210
Taxes and social security
105,479
103,426
Other creditors
8,000
51,203
Loans from directors
22,753
32,753
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
6,130
8
Deferred taxation
2024
2023
Accelerated capital allowances
25,651
28,231
Provision at start of year
28,231
35,503
Credited to the profit and loss account
(2,580)
(7,272)
Provision at end of year
25,651
28,231
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Alan Junior
113,070
42,625
33,160
122,535
113,070
42,625
33,160
122,535
Awb Recycling Limited
Notes to the Accounts
for the year ended 31 October 2024
10
Average number of employees
During the year the average number of employees was 5 (2023: 7).