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Company Registration No. 09724836 (England and Wales)
JW Cline Road Limited Unaudited accounts for the year ended 31 August 2023
JW Cline Road Limited Unaudited accounts Contents
Page
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JW Cline Road Limited Company Information for the year ended 31 August 2023
Directors
Andrew Bennett David Turner Lady Laura Wellesley James Wedge
Company Number
09724836 (England and Wales)
Registered Office
Unit 11 Worton Court Worton Hall Ind Estate, Worton Road Isleworth Middlesex TW7 6ER UK
Accountants
CP Finance Unit 11, Worton Court, Worton Hall Estate, Worton Road Isleworth Middlesex TW7 6ER
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JW Cline Road Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
1,098,389 
541,411 
Debtors
345,053 
336,096 
Cash at bank and in hand
1,777,739 
2,312,992 
3,221,181 
3,190,499 
Creditors: amounts falling due within one year
(2,171,865)
(2,150,333)
Net current assets
1,049,316 
1,040,166 
Net assets
1,049,316 
1,040,166 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,049,216 
1,040,066 
Shareholders' funds
1,049,316 
1,040,166 
For the year ending 31 August 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 3 November 2023 and were signed on its behalf by
David Turner Director Company Registration No. 09724836
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JW Cline Road Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
JW Cline Road Limited is a private company, limited by shares, registered in England and Wales, registration number 09724836. The registered office is Unit 11 Worton Court, Worton Hall Ind Estate, Worton Road, Isleworth, Middlesex, TW7 6ER, UK.
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 remained unchanged from the previous year, and also 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.
The company has entered into 2 LLP arrangements during the year as a 50/50 partner with another related party. The LLP's have purchased development sites and the company has funded these purchases with loans in the sum of £343,300 and will be involved in the development operations going forward. WIP to date totals £1,098,388
5
Inventories
2023 
2022 
£ 
£ 
Work in progress
1,098,389 
541,411 
1,098,389 
541,411 
The work in progress represents the cost of unsold units completed in developments.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,753 
1,096 
Amounts due from group undertakings etc.
343,300 
335,000 
345,053 
336,096 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
23,058 
7,270 
Amounts owed to group undertakings and other participating interests
2,140,395 
2,140,395 
Taxes and social security
6,912 
1,168 
Accruals
1,500 
1,500 
2,171,865 
2,150,333 
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JW Cline Road Limited Notes to the Accounts for the year ended 31 August 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
The company is involved with 2 joint ventures with a related company and LLP's have been created to carry out residential property development schemes, which are being reported as WIP in the accounts. These schemes should get planning in 2023 and be ready to start construction.
10
Controlling party
The parent company is LW Holdco Limited, CRN 12889265, registered office Unit 11 Worton Court, Worton Hall Ind Estate, Worton Road, Isleworth, TW7 6ER. During the year the parent company was inserted above the company in a share for share exchange in order to buy out the minority shareholders.
11
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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