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REGISTERED NUMBER: 01277486 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 August 2023

for

Witherley Services (Coventry) Limited

Witherley Services (Coventry) Limited (Registered number: 01277486)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Witherley Services (Coventry) Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mrs H E R Trivett
B W Trivett
J R H Trivett





REGISTERED OFFICE: Drayton Barn Farm Cottage
Witherley
Atherstone
Warwickshire
CV9 3LR





REGISTERED NUMBER: 01277486 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
6 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Witherley Services (Coventry) Limited (Registered number: 01277486)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,154 4,347
Investment property 5 580,000 580,000
583,154 584,347

CURRENT ASSETS
Debtors 6 73,211 125,232
Cash at bank 215,000 144,796
288,211 270,028
CREDITORS
Amounts falling due within one year 7 11,707 9,032
NET CURRENT ASSETS 276,504 260,996
TOTAL ASSETS LESS CURRENT LIABILITIES 859,658 845,343

PROVISIONS FOR LIABILITIES 73,113 73,340
NET ASSETS 786,545 772,003

CAPITAL AND RESERVES
Called up share capital 300 300
Capital redemption reserve 350 350
Non distributable reserve 309,141 309,141
Retained earnings 476,754 462,212
SHAREHOLDERS' FUNDS 786,545 772,003

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

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

The directors acknowledge their 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.

Witherley Services (Coventry) Limited (Registered number: 01277486)

Balance Sheet - continued
31 August 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 Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:





Mrs H E R Trivett - Director


Witherley Services (Coventry) Limited (Registered number: 01277486)

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

1. STATUTORY INFORMATION

Witherley Services (Coventry) 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Witherley Services (Coventry) Limited (Registered number: 01277486)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 26,538
DEPRECIATION
At 1 September 2022 22,191
Charge for year 1,193
At 31 August 2023 23,384
NET BOOK VALUE
At 31 August 2023 3,154
At 31 August 2022 4,347

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 580,000
NET BOOK VALUE
At 31 August 2023 580,000
At 31 August 2022 580,000

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2022 435,655
Cost 144,345
580,000

Witherley Services (Coventry) Limited (Registered number: 01277486)

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

5. INVESTMENT PROPERTY - continued

If the investment property had not been revalued it would have been included at the following historical cost:

31.8.23 31.8.22
£    £   
Cost 144,345 144,345

6. DEBTORS
31.8.23 31.8.22
£    £   
Amounts falling due within one year:
Trade debtors 1,400 -
Amounts owed by participating interests 10,000 10,000
Other debtors 1,811 5,232
13,211 15,232

Amounts falling due after more than one year:
Amounts owed by participating interests 60,000 110,000

Aggregate amounts 73,211 125,232

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 1,000 102
Amounts owed to participating interests 3,299 3,299
Taxation and social security 4,344 4,631
Other creditors 3,064 1,000
11,707 9,032

8. LEASING AGREEMENTS
The company has future operating lease commitments of £99,600 (2022: £100,800).

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the previous year the company made loans to the directors totalling £3,000. This was fully repaid in the year and the company now owes the directors £7 (2022: £3,000 was outstanding from the directors). No interest is payable on the loan and no security given. The loan is repayable on demand.

10. RELATED PARTY DISCLOSURES

Included in debtors are amounts receivable from Bosworth Marina Limited of £70,000 (2022: £120,000).

Included in creditors are loans to Witherley Boarding Kennels & Cattery Limited of £3,299 (2022: £3,299).

Both of these companies are under the control of the directors.

Witherley Services (Coventry) Limited (Registered number: 01277486)

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

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs H E R Trivett.