1 March 2022 v2023.26.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwaretruetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP131758472022-03-012023-02-28131758472023-02-28131758472022-02-2813175847core:ShareCapital2023-02-2813175847core:ShareCapital2022-02-2813175847bus:Director12022-03-012023-02-2813175847bus:RegisteredOffice2022-03-012023-02-281317584712022-03-012023-02-2813175847countries:EnglandWales2022-03-012023-02-2813175847bus:AuditExemptWithAccountantsReport2022-03-012023-02-2813175847bus:PrivateLimitedCompanyLtd2022-03-012023-02-2813175847bus:SmallEntities2022-03-012023-02-2813175847bus:FullAccounts2022-03-012023-02-28
Company registration number:
13175847
Island Wills Ltd
Unaudited Filleted Financial Statements for the year ended
28 February 2023
Island Wills Ltd
Report of the Accountant to the director of Island Wills Ltd
Year ended
28 February 2023
These financial statements have been prepared in accordance with my terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended
28 February 2023
.
I have prepared these financial statements based on the accounting records, information and explanations provided by you. I do not express any opinion on the financial statements.
On the statement of financial position you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a "true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MPA Accounting
The Grain Store
Merstone
Isle of Wight
PO30 3DE
United Kingdom
Date:
9 November 2023
Island Wills Ltd
Statement of Financial Position
28 February 2023
20232022
Note££
Current assets    
Debtors 5
4
 
4
 
Net current assets
4
 
4
 
Total assets less current liabilities 4   4  
Capital and reserves    
Called up share capital
4
 
4
 
Profit and loss account -   -  
Shareholders funds
4
 
4
 
The company did not trade during the current year and has not made either a profit or a loss.
For the year ending
28 February 2023
, the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These
financial statements
were approved by the board of directors and authorised for issue on
9 November 2023
, and are signed on behalf of the board by:
N Rogers
Director
Company registration number:
13175847
Island Wills Ltd
Notes to the Financial Statements
Year ended
28 February 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
The Grain Store, Cheeks Farm, Merstone Lane
,
Merstone
,
Newport
,
PO30 3DE
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Income Statement

The company is dormant as defined in section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or comparative period and therefore no income statement is presented within these financial statements.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2022: Nil).

5 Debtors

20232022
££
Other debtors
4
 
4