Company Registration No. 09194210 (England and Wales)
ASTWOODS CONSTRUCTION GROUP LIMITED
Unaudited accounts
for the year ended 30 September 2023
ASTWOODS CONSTRUCTION GROUP LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
38,226
26,725
Inventories
71,819
130,125
Cash at bank and in hand
214,703
48,525
Creditors: amounts falling due within one year
(251,067)
(245,468)
Net current assets
241,171
170,220
Total assets less current liabilities
279,397
196,945
Creditors: amounts falling due after more than one year
(17,389)
(27,275)
Net assets
262,008
169,670
Called up share capital
100
102
Profit and loss account
261,908
169,568
Shareholders' funds
262,008
169,670
For the year ending 30 September 2023 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 14 April 2024 and were signed on its behalf by
Robert Lomas
Director
Company Registration No. 09194210
ASTWOODS CONSTRUCTION GROUP LIMITED
Notes to the Accounts
for the year ended 30 September 2023
ASTWOODS CONSTRUCTION GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09194210. The registered office is SANDHILLS FARM, EDGIOAKE LANE, ASTWOOD BANK, REDDITCH, WORCESTERSHIRE, B96 6BG, United Kingdom.
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.
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
Inventories are valued at the lower of cost and net realisable value.
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:
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2022
10,000
41,918
51,918
At 30 September 2023
10,000
66,086
76,086
At 1 October 2022
5,775
19,418
25,193
Charge for the year
1,000
11,667
12,667
At 30 September 2023
6,775
31,085
37,860
At 30 September 2023
3,225
35,001
38,226
At 30 September 2022
4,225
22,500
26,725
ASTWOODS CONSTRUCTION GROUP LIMITED
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
161,642
182,357
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Trade creditors
69,294
117,947
Taxes and social security
128,373
76,986
Loans from directors
2,400
36,535
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).