Company Registration No. 07179541 (England and Wales)
A.W.E. and Sons Limited
Unaudited accounts
for the year ended 31 March 2019
A.W.E. and Sons Limited
Unaudited accounts
Contents
A.W.E. and Sons Limited
Company Information
for the year ended 31 March 2019
Directors
Mr A Winstanley
Mr M Winstanley
Mr D Winstanley
Company Number
07179541 (England and Wales)
Registered Office
1 Stable Court Business Centre
Water Lane Farm
Tarbock Green
Merseyside
L35 1RD
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
A.W.E. and Sons Limited
Statement of financial position
as at
31 March 2019
Tangible assets
3,160
3,955
Cash at bank and in hand
98,000
98,000
Creditors: amounts falling due within one year
(124,133)
(127,424)
Net current liabilities
(258)
(3,549)
Called up share capital
10
10
Profit and loss account
2,892
396
Shareholders' funds
2,902
406
For the year ending 31 March 2019 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.
Approved by the Board on 24 December 2019.
Mr A Winstanley
Director
Company Registration No. 07179541
A.W.E. and Sons Limited
Notes to the Accounts
for the year ended 31 March 2019
A.W.E. and Sons Limited is a private company, limited by shares, registered in England and Wales, registration number 07179541. The registered office is 1 Stable Court Business Centre, Water Lane Farm, Tarbock Green, Merseyside, L35 1RD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
A.W.E. and Sons Limited
Notes to the Accounts
for the year ended 31 March 2019
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2018
3,449
7,995
11,444
At 31 March 2019
3,449
7,995
11,444
At 1 April 2018
1,513
5,976
7,489
Charge for the year
290
505
795
At 31 March 2019
1,803
6,481
8,284
At 31 March 2019
1,646
1,514
3,160
At 31 March 2018
1,936
2,019
3,955
Trade debtors
12,000
12,000
Accrued income and prepayments
13,875
13,875
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
2,000
2,000
Taxes and social security
76,156
77,462
Loans from directors
42,275
39,962
7
Share capital
2019
2018
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 0 (2018: 3).