Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-312021-11-0133falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08236640 2021-11-01 2022-10-31 08236640 2020-11-01 2021-10-31 08236640 2022-10-31 08236640 2021-10-31 08236640 c:Director2 2021-11-01 2022-10-31 08236640 d:CurrentFinancialInstruments 2022-10-31 08236640 d:CurrentFinancialInstruments 2021-10-31 08236640 d:Non-currentFinancialInstruments 2022-10-31 08236640 d:Non-currentFinancialInstruments 2021-10-31 08236640 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 08236640 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 08236640 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 08236640 d:Non-currentFinancialInstruments d:AfterOneYear 2021-10-31 08236640 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-10-31 08236640 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2021-10-31 08236640 d:ShareCapital 2022-10-31 08236640 d:ShareCapital 2021-10-31 08236640 d:RetainedEarningsAccumulatedLosses 2022-10-31 08236640 d:RetainedEarningsAccumulatedLosses 2021-10-31 08236640 c:FRS102 2021-11-01 2022-10-31 08236640 c:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 08236640 c:FullAccounts 2021-11-01 2022-10-31 08236640 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure

Registered number: 08236640









WALBURY ESTATES (CATERHAM) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

 
WALBURY ESTATES (CATERHAM) LIMITED
REGISTERED NUMBER: 08236640

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2022

2022
2021
Note
£
£

  

Current assets
  

Stocks
  
-
1,104,939

Debtors
 4 
889,901
533,211

Cash at bank and in hand
 5 
8,031
46,443

  
897,932
1,684,593

Creditors: amounts falling due within one year
 6 
(1,140,017)
(1,140,691)

Net current (liabilities)/assets
  
 
 
(242,085)
 
 
543,902

Total assets less current liabilities
  
(242,085)
543,902

Creditors: amounts falling due after more than one year
 7 
-
(692,250)

  

Net liabilities
  
(242,085)
(148,348)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(242,185)
(148,448)

  
(242,085)
(148,348)


Page 1

 
WALBURY ESTATES (CATERHAM) LIMITED
REGISTERED NUMBER: 08236640
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 October 2023.




K J Brunnberg
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
WALBURY ESTATES (CATERHAM) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


General information

Walbury Estates (CAterham) Limited is a private company, limited by shares, incorporated in England and Wales (registered number: 08236640). The registered office of the company is 101 New Cavendish
Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is dependent on the director and shareholder for financial support, which the director is confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 31 October 2022, the company had net liabilities of £242,085. The director and shareholder has indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the director considers it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the director and shareholder.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Page 3

 
WALBURY ESTATES (CATERHAM) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are 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.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2021 - 3).

Page 4

 
WALBURY ESTATES (CATERHAM) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

4.


Debtors


2022
2021
£
£



Other debtors
889,901
532,534

Prepayments and accrued income
-
677

889,901
533,211



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
8,031
46,443

8,031
46,443



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
1,128,067
1,129,495

Accruals and deferred income
11,950
11,196

1,140,017
1,140,691



7.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
-
692,250

-
692,250


Page 5

 
WALBURY ESTATES (CATERHAM) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

8.


Loans


Analysis of the maturity of loans is given below:


2022
2021
£
£


Amounts falling due 1-2 years

Bank loans
-
692,250


-
692,250



-
692,250


 
Page 6