Awg Southwest Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14751052

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible assets	4		26,079		32,069
Tangible Assets	5		18,991		25,613

			45,070		57,682
CURRENT ASSETS
Stocks		119,670		124,933
Debtors	6	19,654		35,882
Cash at bank and in hand		3,696		6,809

		143,020		167,624
Creditors: Amounts Falling Due Within One Year	7	(237,936 )		(300,559 )

NET CURRENT ASSETS (LIABILITIES)			(94,916 )		(132,935 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(49,846 )		(75,253 )

NET LIABILITIES			(49,846 )		(75,253 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(49,847 )		(75,254 )

SHAREHOLDERS' FUNDS			(49,846)		(75,253)

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Awg Southwest Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A W Gorrie

Director

25 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Awg Southwest Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14751052 . The registered office is Unit 4 Centre West, Stanningley Road, Leeds, LS12 3AP.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of mobility aids is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise Fees are being amortised evenly over their estimated useful life of five years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Leasehold	Straight line over 15 years
Fixtures & Fittings	Straight line over 5 years

2.5. Leasing and Hire Purchase Contracts

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

2.6. Stocks and Work in Progress

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

2.7. Taxation

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

Current 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.

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Awg Southwest Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.8. Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 2)

4. Intangible assets

	Franchise fees
	£
Cost
As at 1 April 2025	41,553

As at 31 March 2026	41,553

Amortisation
As at 1 April 2025	9,484
Provided during the period	5,990

As at 31 March 2026	15,474

Net Book Value
As at 31 March 2026	26,079

As at 1 April 2025	32,069

5. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2025	3,033	32,102	35,135

As at 31 March 2026	3,033	32,102	35,135

Depreciation
As at 1 April 2025	320	9,202	9,522
Provided during the period	202	6,420	6,622

As at 31 March 2026	522	15,622	16,144

Net Book Value
As at 31 March 2026	2,511	16,480	18,991

As at 1 April 2025	2,713	22,900	25,613

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Awg Southwest Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	3,507	3,315
Other debtors	718	10,027
VAT	15,429	22,540

	19,654	35,882

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	64,953	106,438
Other taxes and social security	463	437
Other creditors	9,813	2,745
Accruals and deferred income	31,284	24,816
Directors' loan accounts	131,423	166,123

	237,936	300,559

8. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
1 Ordinary Share of £ 1.00 each	1	1

9. Other Commitments

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £109,595 (2025: £128,333).

10. Going Concern

As at 31 March 2026 the company had net liabilities of £49,846. The directors will continue to support the company for the forseeable future and are confident the company will return to a solvent position.

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