1 September 2021 false Taxfiler 2023.10.1 11507055business:PrivateLimitedCompanyLtd2021-09-012022-08-31 115070552021-08-31 115070552021-09-012022-08-31 11507055business:AuditExempt-NoAccountantsReport2021-09-012022-08-31 11507055business:FilletedAccounts2021-09-012022-08-31 115070552022-08-31 11507055business:Director12021-09-012022-08-31 11507055business:RegisteredOffice2021-09-012022-08-31 115070552021-08-31 11507055core:WithinOneYear2022-08-31 11507055core:WithinOneYear2021-08-31 11507055core:AfterOneYear2022-08-31 11507055core:AfterOneYear2021-08-31 11507055core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 11507055core:ShareCapitalcore:PreviouslyStatedAmount2021-08-31 11507055core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 11507055core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-08-31 11507055core:PreviouslyStatedAmount2022-08-31 11507055core:PreviouslyStatedAmount2021-08-31 11507055business:SmallEntities2021-09-012022-08-31 11507055countries:EnglandWales2021-09-012022-08-31 11507055core:LandBuildings2021-09-012022-08-31 11507055core:LandBuildings2021-08-31 11507055core:MotorVehicles2021-08-31 11507055core:LandBuildings2022-08-31 11507055core:MotorVehicles2022-08-31 11507055core:MotorVehicles2021-09-012022-08-31 115070552020-09-012021-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11507055 (England and Wales)
WARD PROPERTIES LTD Unaudited accounts for the year ended 31 August 2022
WARD PROPERTIES LTD Unaudited accounts Contents
Page
- 2 -
WARD PROPERTIES LTD Company Information for the year ended 31 August 2022
Director
Terrance Ward
Company Number
11507055 (England and Wales)
Registered Office
Technology Court Bradbury Road Newton Aycliffe County Durham DL5 6DA
- 3 -
WARD PROPERTIES LTD Statement of financial position as at 31 August 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
123,040 
124,690 
Current assets
Debtors
42,708 
30,539 
Cash at bank and in hand
(920)
1,692 
41,788 
32,231 
Creditors: amounts falling due within one year
(4,894)
(3,894)
Net current assets
36,894 
28,337 
Total assets less current liabilities
159,934 
153,027 
Creditors: amounts falling due after more than one year
(176,630)
(173,646)
Net liabilities
(16,696)
(20,619)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(16,796)
(20,719)
Shareholders' funds
(16,696)
(20,619)
For the year ending 31 August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2023 and were signed on its behalf by
Terrance Ward Director Company Registration No. 11507055
- 4 -
WARD PROPERTIES LTD Notes to the Accounts for the year ended 31 August 2022
1
Statutory information
WARD PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11507055. The registered office is Technology Court, Bradbury Road, Newton Aycliffe, County Durham, DL5 6DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0% Straight line
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2021
120,000 
6,620 
126,620 
At 31 August 2022
120,000 
6,620 
126,620 
Depreciation
At 1 September 2021
- 
1,930 
1,930 
Charge for the year
- 
1,650 
1,650 
At 31 August 2022
- 
3,580 
3,580 
Net book value
At 31 August 2022
120,000 
3,040 
123,040 
At 31 August 2021
120,000 
4,690 
124,690 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
42,708 
30,539 
- 5 -
WARD PROPERTIES LTD Notes to the Accounts for the year ended 31 August 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
144 
144 
Accruals
4,750 
3,750 
4,894 
3,894 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
176,630 
173,646 
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
- 6 -