3 December 2020 false No description of principal activity Taxfiler 2022.8.3 13059812business:PrivateLimitedCompanyLtd2020-12-032021-12-31 130598122020-12-02 130598122020-12-032021-12-31 13059812business:AuditExemptWithAccountantsReport2020-12-032021-12-31 13059812business:FullAccounts2020-12-032021-12-31 130598122021-12-31 13059812business:Director12020-12-032021-12-31 13059812business:RegisteredOffice2020-12-032021-12-31 13059812core:WithinOneYear2021-12-31 13059812core:AfterOneYear2021-12-31 13059812core:ShareCapital2021-12-31 13059812core:RetainedEarningsAccumulatedLosses2021-12-31 13059812business:SmallEntities2020-12-032021-12-31 13059812countries:EnglandWales2020-12-032021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13059812 (England and Wales)
WF MORNINGTON LTD Unaudited accounts for the period from 3 December 2020 to 31 December 2021
WF MORNINGTON LTD Unaudited accounts Contents
Page
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WF MORNINGTON LTD Company Information for the period from 3 December 2020 to 31 December 2021
Director
Andrew Dennis Hynes
Company Number
13059812 (England and Wales)
Registered Office
OLD JOINERS SHOP BOWLAND BRIDGE KENDAL CUMBRIA LA8 8JQ ENGLAND
Accountants
Goodbooks (Skipton) Ltd Duke House Duke Street Skipton North Yorkshire BD23 2HQ
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WF MORNINGTON LTD Statement of financial position as at 31 December 2021
2021 
Notes
£ 
Called up share capital not paid
1 
Fixed assets
Investment property
305,520 
Current assets
Debtors
326 
Cash at bank and in hand
485 
811 
Creditors: amounts falling due within one year
(16,546)
Net current liabilities
(15,735)
Total assets less current liabilities
289,786 
Creditors: amounts falling due after more than one year
(307,000)
Net liabilities
(17,214)
Capital and reserves
Called up share capital
1 
Profit and loss account
(17,215)
Shareholders' funds
(17,214)
For the period ending 31 December 2021 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 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 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 and authorised for issue on 30 August 2022 and were signed on its behalf by
Andrew Dennis Hynes Director Company Registration No. 13059812
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WF MORNINGTON LTD Notes to the Accounts for the period from 3 December 2020 to 31 December 2021
1
Statutory information
WF MORNINGTON LTD is a private company, limited by shares, registered in England and Wales, registration number 13059812. The registered office is OLD JOINERS SHOP, BOWLAND BRIDGE, KENDAL, CUMBRIA, LA8 8JQ, ENGLAND.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2021 
£ 
Additions
305,520 
At 31 December 2021
305,520 
5
Debtors: amounts falling due within one year
2021 
£ 
Accrued income and prepayments
326 
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WF MORNINGTON LTD Notes to the Accounts for the period from 3 December 2020 to 31 December 2021
6
Creditors: amounts falling due within one year
2021 
£ 
Trade creditors
1,546 
Deferred income
15,000 
16,546 
7
Creditors: amounts falling due after more than one year
2021 
£ 
Amounts owed to group undertakings and other participating interests
307,000 
8
Average number of employees
During the period the average number of employees was 0.
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