Company Registration No. 11000614 (England and Wales)
AW Design & Build Solutions Ltd
Unaudited accounts
for the year ended 31 October 2024
AW Design & Build Solutions Ltd
Unaudited accounts
Contents
AW Design & Build Solutions Ltd
Company Information
for the year ended 31 October 2024
Directors
Warren Monk
Anthony Burt
Company Number
11000614 (England and Wales)
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
AW Design & Build Solutions Ltd
Statement of financial position
as at 31 October 2024
Intangible assets
1
(20,422)
Tangible assets
15,605
16,448
Cash at bank and in hand
291,034
79,497
Creditors: amounts falling due within one year
(242,978)
(190,281)
Net current assets
179,033
162,932
Total assets less current liabilities
194,639
158,958
Provisions for liabilities
Deferred tax
(5,325)
(5,325)
Net assets
189,314
153,633
Called up share capital
100
100
Profit and loss account
189,214
153,533
Shareholders' funds
189,314
153,633
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 13 March 2025 and were signed on its behalf by
Warren Monk
Director
Company Registration No. 11000614
AW Design & Build Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
AW Design & Build Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11000614.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
AW Design & Build Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
4
Intangible fixed assets
Goodwill
At 1 November 2023
102,116
At 31 October 2024
102,116
At 1 November 2023
122,538
Charge for the year
(20,423)
At 31 October 2024
102,115
At 31 October 2023
(20,422)
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
4,094
42,439
6,346
52,879
Additions
642
-
3,717
4,359
At 31 October 2024
4,736
42,439
10,063
57,238
At 1 November 2023
4,094
28,623
3,714
36,431
Charge for the year
161
3,454
1,587
5,202
At 31 October 2024
4,255
32,077
5,301
41,633
At 31 October 2024
481
10,362
4,762
15,605
At 31 October 2023
-
13,816
2,632
16,448
Amounts falling due within one year
Trade debtors
117,419
260,158
Amounts falling due after more than one year
Other debtors
13,558
13,558
AW Design & Build Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
7,750
Taxes and social security
29,335
2,035
Other creditors
63,585
63,585
Loans from directors
16,451
38,035
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).