Company registration number 14044385 (England and Wales)
Winterburn Property Ltd
Unaudited
financial statements
for the period ended 30 April 2023
PAGES FOR FILING WITH REGISTRAR
Winterburn Property Ltd
Contents
Page
Statement of financial position
1
Statement of changes in equity
Notes to the financial statements
2 - 3
Winterburn Property Ltd
Statement of financial position
as at 30 April 2023
30 April 2023
- 1 -
2023
Notes
£
£
Current assets
Stocks
101,546
Debtors
4
5,692
Cash at bank and in hand
14,063
121,301
Creditors: amounts falling due within one year
5
(121,201)
Net current assets
100
Capital and reserves
-
Called up share capital
100
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial period ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 1 August 2023 and are signed on its behalf by:
R Mervill
Director
Company Registration No. 14044385
Winterburn Property Ltd
Notes to the financial statements
for the period ended 30 April 2023
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2023
Number
Total
2
4
Debtors
2023
Amounts falling due within one year:
£
Other debtors
5,692
Winterburn Property Ltd
Notes to the financial statements (continued)
for the period ended 30 April 2023
- 3 -
5
Creditors: amounts falling due within one year
2023
£
Other creditors
120,451
Accruals and deferred income
750
121,201
6
Company information
Winterburn Property Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5 Winterburn Hill, Warley, West Yorkshire, HX2 7SQ.