1 April 2022 v2023.26.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP079134862022-04-012023-03-31079134862023-03-31079134862022-03-3107913486core:WithinOneYear2023-03-3107913486core:WithinOneYear2022-03-3107913486core:AfterOneYear2023-03-3107913486core:AfterOneYear2022-03-3107913486core:ShareCapital2023-03-3107913486core:ShareCapital2022-03-3107913486core:RetainedEarningsAccumulatedLosses2023-03-3107913486core:RetainedEarningsAccumulatedLosses2022-03-3107913486bus:Director12022-04-012023-03-3107913486bus:RegisteredOffice2022-04-012023-03-3107913486core:OfficeEquipment2022-04-012023-03-31079134862021-04-012022-03-3107913486core:LandBuildings2022-04-0107913486core:PlantMachinery2022-04-01079134862022-04-0107913486core:LandBuildings2022-04-012023-03-3107913486core:LandBuildings2023-03-3107913486core:PlantMachinery2023-03-3107913486core:PlantMachinery2022-04-012023-03-3107913486core:LandBuildings2022-03-3107913486core:PlantMachinery2022-03-310791348612022-04-012023-03-3107913486countries:EnglandWales2022-04-012023-03-3107913486bus:AuditExemptWithAccountantsReport2022-04-012023-03-3107913486bus:PrivateLimitedCompanyLtd2022-04-012023-03-3107913486bus:SmallEntities2022-04-012023-03-3107913486bus:FullAccounts2022-04-012023-03-31
Company registration number:
07913486
Wrigleys Services (Nw) Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2023
Wrigleys Services (Nw) Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Wrigleys Services (Nw) Limited
Year ended
31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Wrigleys Services (Nw) Limited
for the year ended
31 March 2023
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Wrigleys Services (Nw) Limited
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Wrigleys Services (Nw) Limited
and state those matters that we have agreed to state to the Board of Directors of
Wrigleys Services (Nw) Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Wrigleys Services (Nw) Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Wrigleys Services (Nw) Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and loss of
Wrigleys Services (Nw) Limited
. You consider that
Wrigleys Services (Nw) Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Wrigleys Services (Nw) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Proud Goulbourn Accountants Limited
Office 16, Hamilton Davies House
117c Liverpool Road
Cadishead
Manchester
M44 5BG
United Kingdom
Date:
14 November 2023
Wrigleys Services (Nw) Limited
Statement of Financial Position
31 March 2023
20232022
Note££
Fixed assets    
Tangible assets 5
440,193
 
499,135
 
Current assets    
Cash at bank and in hand
31,674
 
29,516
 
Creditors: amounts falling due within one year 7
(178,625
)
(170,581
)
Net current liabilities
(146,951
)
(141,065
)
Total assets less current liabilities 293,242   358,070  
Creditors: amounts falling due after more than one year 8
(130,000
)
(130,000
)
Provisions for liabilities
(26,707
)
(31,460
)
Net assets
136,535
 
196,610
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
136,435
 
196,510
 
Shareholders funds
136,535
 
196,610
 
For the year ending
31 March 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge 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.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
14 November 2023
, and are signed on behalf of the board by:
L Wrigley
Director
Company registration number:
07913486
Wrigleys Services (Nw) Limited
Notes to the Financial Statements
Year ended
31 March 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
Holly Bank Mytholme Avenue
,
Cadishead
,
Manchester
,
Greater Manchester
,
M44 5UH
, United Kingdom.

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.

Revenue Recognition

Turnover represents income from residential lettings which is recognised on receipt

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and subsequently reduced by any reduction in value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

The company has entered into a contract to sell the properties at Fiddler's Lane Irlam, final consideration to be determined.

4 Average number of employees

The average number of persons employed by the company during the year was
3
(2022:
3.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost or valuation      
At
1 April 2022
498,750
 
769
 
499,519
 
Additions
695
  -  
695
 
Revaluations
(59,445
) -  
(59,445
)
At
31 March 2023
440,000
 
769
 
440,769
 
Depreciation      
At
1 April 2022
-  
384
 
384
 
Charge -  
192
 
192
 
At
31 March 2023
-  
576
 
576
 
Carrying amount      
At
31 March 2023
440,000
 
193
 
440,193
 
At 31 March 2022
498,750
 
385
 
499,135
 

6 Debtors

7 Creditors: amounts falling due within one year

20232022
££
Trade creditors
307
 
269
 
Taxation and social security
2,270
 
2,834
 
Other creditors
176,048
 
167,478
 
178,625
 
170,581
 

8 Creditors: amounts falling due after more than one year

20232022
££
Other creditors
130,000
 
130,000