Registered number
06744709
Ailward Decorating Services Ltd
Report and Accounts
31 March 2025
Ailward Decorating Services Ltd
Report to the directors on the preparation of the unaudited statutory accounts of Ailward Decorating Services Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ailward Decorating Services Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
12 June 2025
Ailward Decorating Services Ltd
Registered number: 06744709
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 19,757 27,277
Creditors: amounts falling due within one year 4 (24,953) (22,024)
Net current (liabilities)/assets (5,196) 5,253
Net (liabilities)/assets (5,196) 5,253
Capital and reserves
Called up share capital 3 3
Profit and loss account (5,199) 5,250
Shareholders' funds (5,196) 5,253
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.
B Ailward
Director
Approved by the board on 12 June 2025
Ailward Decorating Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
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.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Motor vehicles 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Debtors 2025 2024
£ £
Trade debtors 19,754 27,274
Other debtors 3 3
19,757 27,277
4 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 22,480 19,250
Trade creditors 1,504 -
Other taxes and social security costs 374 2,175
Other creditors 595 599
24,953 22,024
5 Other information
Ailward Decorating Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Beaufort House
Brierley Park Close
Sutton -In -Ashfield
Nottinghamshire
NG17 3FW
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