REGISTERED NUMBER: 05724250 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

AWG CONTRACTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G A Wigmore

REGISTERED OFFICE:

2 Hayes Close

Kings Somborne

Stockbridge

Hampshire

SO20 6QF

REGISTERED NUMBER:

05724250 (England and Wales)

ACCOUNTANT:

Richard Kyte Associates

Chartered Certified Accountant

126 Weyhill Road

Andover

Hampshire

SP10 3BE

FIXED ASSETS

Tangible assets

4

294,745

281,160

CURRENT ASSETS

Stocks

14,750

4,921

Debtors

5

22,879

50,940

Cash at bank

128,452

159,496

166,081

215,357

CREDITORS

Amounts falling due within one year

6

18,111

53,692

NET CURRENT ASSETS

147,970

161,665

TOTAL ASSETS LESS CURRENT LIABILITIES

442,715

442,825

PROVISIONS FOR LIABILITIES

7

165

1,020

NET ASSETS

442,550

441,805

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

442,549

441,804

SHAREHOLDERS' FUNDS

442,550

441,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 7 November 2025 and were signed by:

G A Wigmore - Director

1.	STATUTORY INFORMATION

AWG Contracting Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

33% on cost

Fixture and Fittings

-

15% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixture

Freehold

Plant and

and

property

machinery

Fittings

£

£

£

COST

At 1 April 2024

309,064

2,331

4,846

Additions

22,345

-

-

At 31 March 2025

331,409

2,331

4,846

DEPRECIATION

At 1 April 2024

33,269

2,330

4,845

Charge for year

4,264

-

-

At 31 March 2025

37,533

2,330

4,845

NET BOOK VALUE

At 31 March 2025

293,876

1

1

At 31 March 2024

275,795

1

1

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

59,388

2,423

378,052

Additions

-

-

22,345

At 31 March 2025

59,388

2,423

400,397

DEPRECIATION

At 1 April 2024

54,428

2,020

96,892

Charge for year

4,250

246

8,760

At 31 March 2025

58,678

2,266

105,652

NET BOOK VALUE

At 31 March 2025

710

157

294,745

At 31 March 2024

4,960

403

281,160

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

19,014

49,123

VAT

2,098

-

Prepayments

1,767

1,817

22,879

50,940

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

8,460

28,534

Tax

4,621

2,655

Social security and other taxes

2,390

3,154

VAT

-

5,773

Directors' current accounts

2,640

13,576

18,111

53,692

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

165

1,020

Deferred

tax

£

Balance at 1 April 2024

1,020

Utilised during year

(855

)

Balance at 31 March 2025

165

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Retained

earnings

£

At 1 April 2024

441,804

Profit for the year

11,645

Dividends

(10,900

)

At 31 March 2025

442,549

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,900 were paid to the director .

11.	ULTIMATE CONTROLLING PARTY

The controlling party is G A Wigmore.

At the year end there was a balance of £2,640 due to the director.