ADW Limited - Accounts to registrar (filleted) - small 23.1.2

ADW Limited - Accounts to registrar (filleted) - small 23.1.2

ADW LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v23.1.5.20 06899005 director 1.3.22 28.2.23 28.2.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068990052022-02-28068990052023-02-28068990052022-03-012023-02-28068990052021-02-28068990052021-03-012022-02-28068990052022-02-2806899005ns16:EnglandWales2022-03-012023-02-2806899005ns15:PoundSterling2022-03-012023-02-2806899005ns11:Director12022-03-012023-02-2806899005ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2806899005ns11:SmallEntities2022-03-012023-02-2806899005ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2806899005ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2806899005ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2806899005ns11:FullAccounts2022-03-012023-02-2806899005ns11:RegisteredOffice2022-03-012023-02-2806899005ns6:CurrentFinancialInstruments2023-02-2806899005ns6:CurrentFinancialInstruments2022-02-2806899005ns6:Non-currentFinancialInstruments2023-02-2806899005ns6:Non-currentFinancialInstruments2022-02-2806899005ns6:ShareCapital2023-02-2806899005ns6:ShareCapital2022-02-2806899005ns6:RevaluationReserve2023-02-2806899005ns6:RevaluationReserve2022-02-2806899005ns6:RetainedEarningsAccumulatedLosses2023-02-2806899005ns6:RetainedEarningsAccumulatedLosses2022-02-2806899005ns6:LandBuildings2022-02-2806899005ns6:LandBuildings2023-02-2806899005ns6:LandBuildings2022-02-2806899005ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2806899005ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2806899005ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2023-02-2806899005ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2022-02-2806899005ns6:RevaluationReserve2022-02-28
REGISTERED NUMBER: 06899005 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

ADW Limited
ADW Limited (Registered number: 06899005)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADW Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: A D Wormald





REGISTERED OFFICE: Suite 1
Buttershaw Works
Buttershaw Lane
Bradford
West Yorkshire
BD6 2DD





REGISTERED NUMBER: 06899005 (England and Wales)





ACCOUNTANT: Thompsons
Cold Bath Place
Harrogate
North Yorkshire
HG2 0PQ
Page 1
ADW Limited (Registered number: 06899005)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 100,000 100,000

CURRENT ASSETS
Debtors 5 118,120 236,443
Cash at bank and in hand 662,318 410,076
780,438 646,519
CREDITORS
Amounts falling due within one year 6 693,327 427,291
NET CURRENT ASSETS 87,111 219,228
TOTAL ASSETS LESS CURRENT
LIABILITIES
187,111
319,228

CREDITORS
Amounts falling due after more than one
year
7
(121,661
)
(254,184
)

PROVISIONS FOR LIABILITIES (9,993 ) (9,993 )
NET ASSETS 55,457 55,051

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 8 42,604 42,604
Retained earnings 12,843 12,437
SHAREHOLDERS' FUNDS 55,457 55,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
ADW Limited (Registered number: 06899005)

Balance Sheet - continued
28 February 2023


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 director and authorised for issue on 11 July 2023 and were signed by:





A D Wormald - Director


The notes form part of these financial statements

Page 3
ADW Limited (Registered number: 06899005)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

ADW 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 as modified by the revaluation of certain assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 March 2022
and 28 February 2023 100,000
NET BOOK VALUE
At 28 February 2023 100,000
At 28 February 2022 100,000

Cost or valuation at 28 February 2023 is represented by:

Land and
buildings
£   
Valuation in 2020 52,597
Cost 47,403
100,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 118,120 236,443

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 691,944 425,048
Taxation and social security 228 943
Other creditors 1,155 1,300
693,327 427,291

Page 4 continued...
ADW Limited (Registered number: 06899005)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 31,661 33,184
Other creditors 90,000 221,000
121,661 254,184

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 25,000 25,000

Repayable by instalments
Bank loans more 5 yr by instal 31,661 33,184

8. RESERVES
Revaluation
reserve
£   
At 1 March 2022
and 28 February 2023 42,604

9. ULTIMATE CONTROLLING PARTY

At the year end, the company was a wholly owned subsidiary of ADW Holdings Ltd, a company registered in England and Wales. The whole group is deemed to be ultimately controlled by A D Wormald, director, by virtue of his majority shareholding in the ultimate parent company.

Page 5