0 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 20 20 20 xbrli:pure xbrli:shares iso4217:GBP 846666 2022-04-01 2023-03-31 846666 2023-03-31 846666 2022-03-31 846666 bus:Director1 2022-04-01 2023-03-31 846666 core:WithinOneYear 2023-03-31 846666 core:WithinOneYear 2022-03-31 846666 core:ShareCapital 2023-03-31 846666 core:ShareCapital 2022-03-31 846666 core:RetainedEarningsAccumulatedLosses 2023-03-31 846666 core:RetainedEarningsAccumulatedLosses 2022-03-31 846666 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 846666 core:Non-currentFinancialInstruments 2023-03-31 846666 core:Non-currentFinancialInstruments 2022-03-31 846666 bus:SmallEntities 2022-04-01 2023-03-31 846666 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 846666 bus:FullAccounts 2022-04-01 2023-03-31 846666 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 846666 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 846666
WHITECRAIG DEVELOPMENTS LIMITED
Filleted Unaudited Financial Statements
31 March 2023
WHITECRAIG DEVELOPMENTS LIMITED
Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
£
Fixed assets
Investments
4
20
20
Creditors: amounts falling due within one year
5
2,004
1,811
-------
-------
Net current liabilities
2,004
1,811
-------
-------
Total assets less current liabilities
( 1,984)
( 1,791)
-------
-------
Net liabilities
( 1,984)
( 1,791)
-------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 2,084)
( 1,891)
-------
-------
Shareholders deficit
( 1,984)
( 1,791)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 November 2023 , and are signed on behalf of the board by:
Mr S J Saady
Director
Company registration number: 846666
WHITECRAIG DEVELOPMENTS LIMITED
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 2 Aston Court, 44 Edgwarebury Lane, HA8 8LW, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Investments
Other investments other than loans
£
Cost
At 1 April 2022 and 31 March 2023
20
----
Impairment
At 1 April 2022 and 31 March 2023
----
Carrying amount
At 31 March 2023
20
----
At 31 March 2022
20
----
The company has a 20% holding in the ordinary shares of 22 Avenue Road Management Company Limited, a residential property management company incorporated in Great Britain and registered in England.
5. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
2,004
1,811
-------
-------