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Company Registration No. 04602241 (England and Wales)
ADVANCED STUDWELDING SYSTEMS LIMITED Unaudited accounts for the year ended 31 January 2025
ADVANCED STUDWELDING SYSTEMS LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
ADVANCED STUDWELDING SYSTEMS LIMITED Company Information for the year ended 31 January 2025
Directors
Mr A Barnes Mrs C Barnes Mr M Barnes
Secretary
Mr M Barnes
Company Number
04602241 (England and Wales)
Registered Office
UNIT 30 CINNAMON BROW BUSINESS PARK MAKERFIELD WAY INCE WIGAN LANCASHIRE WN2 2PR
Accountants
P A Hull & Co Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ADVANCED STUDWELDING SYSTEMS LIMITED for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ADVANCED STUDWELDING SYSTEMS LIMITED for the year ended 31 January 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
P A Hull & Co Chartered Accountants Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA 24 November 2025
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ADVANCED STUDWELDING SYSTEMS LIMITED Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
25,022 
30,911 
Current assets
Inventories
51,590 
54,600 
Debtors
5
53,204 
115,741 
Cash at bank and in hand
55,628 
99,448 
160,422 
269,789 
Creditors: amounts falling due within one year
6
(111,452)
(189,002)
Net current assets
48,970 
80,787 
Total assets less current liabilities
73,992 
111,698 
Creditors: amounts falling due after more than one year
7
(3,334)
(13,334)
Provisions for liabilities
Deferred tax
(4,568)
(5,802)
Net assets
66,090 
92,562 
Capital and reserves
Called up share capital
8
100 
100 
Profit and loss account
65,990 
92,462 
Shareholders' funds
66,090 
92,562 
For the year ending 31 January 2025 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 24 November 2025 and were signed on its behalf by
Mr A Barnes Director Company Registration No. 04602241
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ADVANCED STUDWELDING SYSTEMS LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
ADVANCED STUDWELDING SYSTEMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04602241. The registered office is UNIT 30 CINNAMON BROW BUSINESS PARK, MAKERFIELD WAY INCE, WIGAN, LANCASHIRE, WN2 2PR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
2% straigt line
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
3,544 
31,978 
37,054 
72,576 
Additions
260 
- 
1,877 
2,137 
At 31 January 2025
3,804 
31,978 
38,931 
74,713 
Depreciation
At 1 February 2024
3,536 
7,996 
30,133 
41,665 
Charge for the year
393 
5,996 
1,637 
8,026 
At 31 January 2025
3,929 
13,992 
31,770 
49,691 
Net book value
At 31 January 2025
(125)
17,986 
7,161 
25,022 
At 31 January 2024
8 
23,982 
6,921 
30,911 
- 6 -
ADVANCED STUDWELDING SYSTEMS LIMITED Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
53,204 
115,741 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
4,238 
36,364 
Trade creditors
40,391 
84,875 
Taxes and social security
14,054 
25,415 
Other creditors
2,067 
- 
Loans from directors
32,202 
30,348 
Accruals
8,500 
2,000 
111,452 
189,002 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,334 
13,334 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
During the year the company paid rent of £12,000 to A & C Barnes, directors of the company.
10
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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