Caseware UK (AP4) 2022.0.179 2022.0.179 2022-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10786054 2022-04-01 2023-03-31 10786054 2021-04-01 2022-03-31 10786054 2023-03-31 10786054 2022-03-31 10786054 c:Director1 2022-04-01 2023-03-31 10786054 d:PlantMachinery 2022-04-01 2023-03-31 10786054 d:PlantMachinery 2023-03-31 10786054 d:PlantMachinery 2022-03-31 10786054 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10786054 d:CurrentFinancialInstruments 2023-03-31 10786054 d:CurrentFinancialInstruments 2022-03-31 10786054 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10786054 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10786054 d:ShareCapital 2023-03-31 10786054 d:ShareCapital 2022-03-31 10786054 d:RetainedEarningsAccumulatedLosses 2023-03-31 10786054 d:RetainedEarningsAccumulatedLosses 2022-03-31 10786054 c:OrdinaryShareClass1 2022-04-01 2023-03-31 10786054 c:OrdinaryShareClass1 2023-03-31 10786054 c:OrdinaryShareClass1 2022-03-31 10786054 c:FRS102 2022-04-01 2023-03-31 10786054 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10786054 c:FullAccounts 2022-04-01 2023-03-31 10786054 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10786054










W F Attwood Estates Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 March 2023

 
W F Attwood Estates Ltd
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of W F Attwood Estates Ltd for the 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 W F Attwood Estates Ltd for the year ended 31 March 2023 which comprise  the Balance sheet and the 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 https://www.icaew.com /regulation.

This report is made solely to the Board of directors of W F Attwood Estates Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of W F Attwood Estates Ltd  and state those matters that we have agreed to state to the Board of directors of W F Attwood Estates Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than W F Attwood Estates Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that W F Attwood Estates Ltd 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 profit of W F Attwood Estates Ltd. You consider that W F Attwood Estates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of W F Attwood Estates Ltd. 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.

  



Kreston Reeves LLP
 
Chartered Accountants
  
Montague Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QU
7 November 2023
Page 1

 
W F Attwood Estates Ltd
Registered number: 10786054

Balance sheet
As at 31 March 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,417
667

Current assets
  

Debtors: amounts falling due within one year
 5 
6,820
4,123

Cash at bank and in hand
  
35,662
11,626

  
42,482
15,749

Creditors: amounts falling due within one year
 6 
(10,360)
(4,353)

Net current assets
  
 
 
32,122
 
 
11,396

Total assets less current liabilities
  
38,539
12,063

  

Net assets
  
38,539
12,063


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
38,537
12,061

  
38,539
12,063


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 November 2023.




S W Attwood
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
W F Attwood Estates Ltd
 

 
Notes to the financial statements
For the year ended 31 March 2023

1.


General information

W F Attwood Estates Ltd ("the company) is a private company limited by shares and is incorporation in England and Wales with the registration number 10786054. The address of the registered office is Montague Place, Quayside, Chatham, Kent, ME4 4QU. The trading address is New Hook Farm, Lower Road, Minster, Sheerness, Kent, ME12 3SU. The company's principal activity is that of container rental.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
W F Attwood Estates Ltd
 

 
Notes to the financial statements
For the year ended 31 March 2023

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
W F Attwood Estates Ltd
 

 
Notes to the financial statements
For the year ended 31 March 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
W F Attwood Estates Ltd
 

 
Notes to the financial statements
For the year ended 31 March 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2022
720


Additions
6,000



At 31 March 2023

6,720



Depreciation


At 1 April 2022
53


Charge for the year on owned assets
250



At 31 March 2023

303



Net book value



At 31 March 2023
6,417



At 31 March 2022
667


5.


Debtors

2023
2022
£
£


Trade debtors
4,586
3,220

Other debtors
2,234
901

Called up share capital not paid
-
2

6,820
4,123



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
4,920
720

Corporation tax
4,440
2,673

Accruals and deferred income
1,000
960

10,360
4,353


Page 6

 
W F Attwood Estates Ltd
 

 
Notes to the financial statements
For the year ended 31 March 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary Shares shares of £1.00 each
2
2



8.


Related party transactions

S. W. Attwood (Farms) Limited is a related party of W F Attwood Estates Ltd as S W Attwood is a director of both companies. During the year S. W. Attwood (Farms) Limited had an interest free loan from W F Attwood Estates Ltd, at at 31 March 2023 S. W. Attwood (Farms) Limited owed £1,704 (2022: £360). This loan is repayable on demand.
All other transactions with related parties that arose during the current and prior years were done so under normal market conditions.


Page 7