Aw Finance Limited
Aw Finance Limited
Registered number: 09649574
Unaudited Financial Statements
For The Year Ended
31 March 2021
Adams Accountancy
Chartered Accountants
34b North Cray Road
Bexley
Kent
DA5 3LZ
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Aw Finance Limited
Unaudited Financial Statements
For The Year Ended
31 March 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 2—3 |
| Notes to the Financial Statements | 4—5 |
Page 1
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Aw Finance Limited
Balance Sheet
As at
31 March 2021
Balance Sheet
Registered number:
09649574
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 11,013 | 10,746 | |||
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Aw Finance Limited
Balance Sheet (continued)
As at
31 March 2021
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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
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Director
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The notes on pages 4 to 5 form part of these financial statements.
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Aw Finance Limited
Notes to the Financial Statements
For The Year Ended
31 March 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2020: NIL)
3.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at
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1 |
| As at
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1 |
| Provision | |
| As at
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- |
| As at
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- |
| Net Book Value | |
| As at
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1 |
| As at
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1 |
4.
Debtors
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Other debtors | 8,148 | 4,565 | |
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5.
Creditors: Amounts Falling Due Within One Year
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | 50,085 | 26,490 | |
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6.
Share Capital
| 2021 | 2020 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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7.
Related Party Transactions
During the year, AW Finance Limited received dividends of £28,338 (2020: £29,277) from ASW Associates Limited. At 31st March 2021 the balance owed to AW Finance Limited by ASW Associates Limited was £8,148 (2020: £4,565).
AW Finance Limited hold one £1 ordinary share in ASW Associates Limited and both companies share a director.
At the balace sheet date the company owes a director £50,085 (2020: £26,490) in relation to unpaid expenses and dividends. This amount is free of interest and payable on demand.
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Aw Finance Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
8.
General Information
Aw Finance Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
09649574
. The registered office is 9 Bonhill Street , London, EC2A 4DJ.
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