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REGISTERED NUMBER: 11190783 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

FOR

ARMSTRONG AND BUTLER WEMBLEY LIMITED

ARMSTRONG AND BUTLER WEMBLEY LIMITED (Registered number: 11190783)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARMSTRONG AND BUTLER WEMBLEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2022







DIRECTORS: D Navapurkar
L P Vekaria
M S Shah





SECRETARY:





REGISTERED OFFICE: 156 High Road
London
NW10 2PB





REGISTERED NUMBER: 11190783 (England and Wales)





ACCOUNTANTS: Y P Associates
Chartered Certified Accountants
6 The Fairway
Wembley
Middlesex
HA0 3LH

ARMSTRONG AND BUTLER WEMBLEY LIMITED (Registered number: 11190783)

BALANCE SHEET
30 JUNE 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 266,575 608,227
Investments 5 3 3
Cash at bank 79 103
266,657 608,333
CREDITORS
Amounts falling due within one year 6 72,476 38,403
NET CURRENT ASSETS 194,181 569,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,181

569,930

CREDITORS
Amounts falling due after more than
one year

7

200,000

327,370
NET (LIABILITIES)/ASSETS (5,819 ) 242,560

CAPITAL AND RESERVES
Called up share capital 2 2
Share premium 299,999 299,999
Retained earnings (305,820 ) (57,441 )
SHAREHOLDERS' FUNDS (5,819 ) 242,560

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ARMSTRONG AND BUTLER WEMBLEY LIMITED (Registered number: 11190783)

BALANCE SHEET - continued
30 JUNE 2022


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 Board of Directors and authorised for issue on 25 August 2022 and were signed on its behalf by:





D Navapurkar - Director


ARMSTRONG AND BUTLER WEMBLEY LIMITED (Registered number: 11190783)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

1. STATUTORY INFORMATION

ARMSTRONG AND BUTLER WEMBLEY 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

ARMSTRONG AND BUTLER WEMBLEY LIMITED (Registered number: 11190783)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2022

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Borrowing costs

A policy of capitalisation of borrowing costs in respect of property development is adopted. Capitalisation begins when expenditure on property begins and ceases when the property is ready for it intended use.

Going concern

As at the date of approval of these financial statements the director has a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future , being a period of at least twelve months from the date of approval of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by group undertakings 266,575 608,227

5. CURRENT ASSET INVESTMENTS
2022 2021
£    £   
Shares in group undertakings 3 3

ARMSTRONG AND BUTLER WEMBLEY LIMITED (Registered number: 11190783)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 1 1
Amounts owed to group undertakings 51,722 17,534
Other creditors 20,753 20,868
72,476 38,403

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2022 2021
£    £   
Other creditors 200,000 327,370

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   

Bank loan is secured by mortgage on the property held for trading.

9. RELATED PARTY DISCLOSURES

At the balance sheet date, balance due to the parent company was £51,722 ( 2021 - £17,534) and balance due from a subsidiary was £266,575 ( 2021 - £608,227 ) . During the year the company made a provision of £234,157 in respect of the balance due from a subsidiary.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Armstrong And Butler Holdings Limited.