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REGISTERED NUMBER: 00650868 (England and Wales)











Unaudited Financial Statements

for the Year Ended

31 March 2023

for

W.& D.Scholes Limited

W.& D.Scholes Limited (Registered number: 00650868)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


W.& D.Scholes Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: SR Ashton





REGISTERED OFFICE: 96 Ripon Hall Avenue
Ramsbottom
Bury
Lancashire
BL0 9RE





REGISTERED NUMBER: 00650868 (England and Wales)





ACCOUNTANTS: Mosley & Co
14 Market Place
Ramsbottom
Bury
Lancashire
BL0 9HT

W.& D.Scholes Limited (Registered number: 00650868)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,757 108,757

CURRENT ASSETS
Debtors 5 89 89
Cash at bank 22,168 19,917
22,257 20,006
CREDITORS
Amounts falling due within one year 6 6,584 6,777
NET CURRENT ASSETS 15,673 13,229
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,430

121,986

CAPITAL AND RESERVES
Called up share capital 7 5,000 5,000
Revaluation reserve 82,028 82,028
Retained earnings 37,402 34,958
SHAREHOLDERS' FUNDS 124,430 121,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

W.& D.Scholes Limited (Registered number: 00650868)

Statement of Financial Position - continued
31 March 2023


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 director and authorised for issue on 31 October 2023 and were signed by:





SR Ashton - Director


W.& D.Scholes Limited (Registered number: 00650868)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

W.& D.Scholes 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - at varying rates on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

W.& D.Scholes Limited (Registered number: 00650868)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2022
and 31 March 2023 163,674
DEPRECIATION
At 1 April 2022
and 31 March 2023 54,917
NET BOOK VALUE
At 31 March 2023 108,757
At 31 March 2022 108,757

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 89 89

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 1 -
Taxation and social security 6,203 6,398
Other creditors 380 379
6,584 6,777

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
5,000 Ordinary £1 5,000 5,000

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Mrs S.R. Ashton by virtue of her ownership of 100% of the issued share capital.