REGISTERED NUMBER: 04704854 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

TFW Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T F Widdowson

Mrs L Widdowson

REGISTERED OFFICE:

7 Cooks Lane

Southbourne

Emsworth

Hampshire

PO10 8LG

REGISTERED NUMBER:

04704854 (England and Wales)

FIXED ASSETS

Tangible assets

4

112,178

141,254

CURRENT ASSETS

Stocks

10,398

13,891

Debtors

5

118,659

161,223

Cash at bank

21

14,143

129,078

189,257

CREDITORS

Amounts falling due within one year

6

88,410

127,780

NET CURRENT ASSETS

40,668

61,477

TOTAL ASSETS LESS CURRENT LIABILITIES

152,846

202,731

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

152,746

202,631

SHAREHOLDERS' FUNDS

152,846

202,731

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 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.

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 22 December 2025 and were signed on its behalf by:

T F Widdowson - Director

1.	STATUTORY INFORMATION

TFW Construction 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.

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.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

274,196

3,631

277,827

Additions

2,746

449

3,195

At 31 March 2025

276,942

4,080

281,022

DEPRECIATION

At 1 April 2024

134,636

1,937

136,573

Charge for year

31,769

502

32,271

At 31 March 2025

166,405

2,439

168,844

NET BOOK VALUE

At 31 March 2025

110,537

1,641

112,178

At 31 March 2024

139,560

1,694

141,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

107,546

146,279

Other debtors

11,113

14,944

118,659

161,223

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

12,419

21,667

Trade creditors

39,048

47,517

Taxation and social security

35,595

57,230

Other creditors

1,348

1,366

88,410

127,780

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Dividends were voted to the directors in the sum of £56,750 (2024; £60,000)

During the year £4,250 was paid to Mrs L Widdowson for services provided to the company. The services were provided at the market value at the time of supply.

During the year the company was contracted to work on the Directors property. The value of the work undertaken was £0 (£2024: £169,0479. The contract was conducted at arms length and charged at market value.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is T F Widdowson.