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REGISTERED NUMBER: 08210963 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

AAW PROPERTY SERVICES LIMITED

AAW PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 08210963)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AAW PROPERTY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs L Dahl
C J Dahl





REGISTERED OFFICE: Chart House
2 Effingham Road
Reigate
Surrey
RH2 7JN





REGISTERED NUMBER: 08210963 (England and Wales)





ACCOUNTANTS: John Williams & Co Limited
Chartered Certified Accountants
Chart House
2 Effingham Road
Reigate
Surrey
RH2 7JN

AAW PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 08210963)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 11,318 9,822
Investment property 5 6,110,000 6,110,000
6,121,318 6,119,822

CURRENT ASSETS
Debtors 6 2,200 -
Cash at bank 30,052 20,609
32,252 20,609
CREDITORS
Amounts falling due within one year 7 1,989,363 1,950,929
NET CURRENT LIABILITIES (1,957,111 ) (1,930,320 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,164,207

4,189,502

CREDITORS
Amounts falling due after more than one
year

8

(778,747

)

(778,747

)

PROVISIONS FOR LIABILITIES 10 (535,518 ) (301,888 )
NET ASSETS 2,849,942 3,108,867

CAPITAL AND RESERVES
Called up share capital 11 2 2
Retained earnings 12 2,849,940 3,108,865
SHAREHOLDERS' FUNDS 2,849,942 3,108,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AAW PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 08210963)

BALANCE SHEET - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:





Mrs L Dahl - Director


AAW PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 08210963)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

AAW Property Services 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable in year credited to the profit and loss account when they fall due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Operating leases
Rents receivable under operating leases are credited to the profit and loss account when they fall due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

AAW PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 08210963)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 19,585 6,332 25,917
Additions 1,894 1,384 3,278
At 30 September 2024 21,479 7,716 29,195
DEPRECIATION
At 1 October 2023 11,513 4,582 16,095
Charge for year 1,329 453 1,782
At 30 September 2024 12,842 5,035 17,877
NET BOOK VALUE
At 30 September 2024 8,637 2,681 11,318
At 30 September 2023 8,072 1,750 9,822

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 6,110,000
NET BOOK VALUE
At 30 September 2024 6,110,000
At 30 September 2023 6,110,000

The investment properties are held for use in operating leases.

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2014 840,644
Valuation in 2015 185,000
Valuation in 2016 9,377
Valuation in 2017 268,009
Valuation in 2020 460,000
Valuation in 2021 550,000
Valuation in 2022 (450,000 )
Valuation in 2023 625,000
Cost 3,621,970
6,110,000

AAW PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 08210963)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 3,621,970 3,621,970

Investment property was valued on an open market basis on 30 September 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,200 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax - 12,091
Other creditors 2,835 2,714
Directors' current accounts 1,986,528 1,936,124
1,989,363 1,950,929

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yrs non-inst 778,747 778,747

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 778,747 778,747

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 778,747 778,747

The mortgage included in creditors due after more than one year is secured against four properties owned by AAW Property Services Limited.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 535,518 301,888

AAW PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 08210963)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 301,888
Accelerated capital allowances 233,630
Balance at 30 September 2024 535,518

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

12. RESERVES
Retained
earnings
£   

At 1 October 2023 3,108,865
Deficit for the year (258,925 )
At 30 September 2024 2,849,940

13. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.