Will Leighton Property Ltd 14334982 false 2022-09-05 2023-09-30 2023-09-30 The principal activity of the company is Buying and selling of own real estate Digita Accounts Production Advanced 6.30.9574.0 true 14334982 2022-09-05 2023-09-30 14334982 2023-09-30 14334982 core:CurrentFinancialInstruments 2023-09-30 14334982 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 14334982 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 14334982 bus:SmallEntities 2022-09-05 2023-09-30 14334982 bus:AuditExemptWithAccountantsReport 2022-09-05 2023-09-30 14334982 bus:FullAccounts 2022-09-05 2023-09-30 14334982 bus:SmallCompaniesRegimeForAccounts 2022-09-05 2023-09-30 14334982 bus:RegisteredOffice 2022-09-05 2023-09-30 14334982 bus:Director1 2022-09-05 2023-09-30 14334982 bus:PrivateLimitedCompanyLtd 2022-09-05 2023-09-30 14334982 core:LandBuildings 2022-09-05 2023-09-30 14334982 core:LandBuildings core:OwnedOrFreeholdAssets 2022-09-05 2023-09-30 14334982 countries:EnglandWales 2022-09-05 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 14334982

Will Leighton Property Ltd

Unaudited Filleted Financial Statements

for the Period from 5 September 2022 to 30 September 2023

 

Will Leighton Property Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Will Leighton Property Ltd

Company Information

Director

Mr William Leighton

Registered office

36b Cambridge Street
Totterdown
Bristol
BS3 4TG

Accountants

Stone & Co Chartered Accountants
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA

 

Will Leighton Property Ltd

(Registration number: 14334982)
Balance Sheet as at 30 September 2023

Note

2023
£

       

Fixed assets

   

Tangible assets

4

 

6,750

Current assets

   

Debtors

5

13,810

 

Cash at bank and in hand

 

3,883

 

 

17,693

 

Creditors: Amounts falling due within one year

6

(24,343)

 

Net current liabilities

   

(6,650)

Net assets

   

100

Capital and reserves

   

Called up share capital

100

 

Total equity

   

100

For the financial period ending 30 September 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 accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 14 February 2024
 

.........................................

Mr William Leighton
Director

 

Will Leighton Property Ltd

Notes to the Unaudited Financial Statements for the Period from 5 September 2022 to 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
36b Cambridge Street
Totterdown
Bristol
BS3 4TG

These financial statements were authorised for issue by the director on 14 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold improvements

Not depreciated

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Will Leighton Property Ltd

Notes to the Unaudited Financial Statements for the Period from 5 September 2022 to 30 September 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

6,750

6,750

At 30 September 2023

6,750

6,750

Depreciation

Carrying amount

At 30 September 2023

6,750

6,750

Included within the net book value of land and buildings above is £6,750 in respect of freehold land and buildings.
 

 

Will Leighton Property Ltd

Notes to the Unaudited Financial Statements for the Period from 5 September 2022 to 30 September 2023

5

Debtors

2023
£

Other debtors

13,810

13,810

6

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Accruals and deferred income

300

Other creditors

24,043

24,343