1 June 2022 false No description of principal activity Taxfiler 2023.14 12018112business:PrivateLimitedCompanyLtd2022-06-012023-05-31 120181122022-05-31 120181122022-06-012023-05-31 12018112business:AuditExemptWithAccountantsReport2022-06-012023-05-31 12018112business:FilletedAccounts2022-06-012023-05-31 120181122023-05-31 12018112business:Director12022-06-012023-05-31 12018112business:RegisteredOffice2022-06-012023-05-31 120181122022-05-31 12018112core:WithinOneYear2023-05-31 12018112core:WithinOneYear2022-05-31 12018112core:AfterOneYear2023-05-31 12018112core:AfterOneYear2022-05-31 12018112core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12018112core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 12018112core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12018112core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 12018112core:PreviouslyStatedAmount2023-05-31 12018112core:PreviouslyStatedAmount2022-05-31 12018112business:SmallEntities2022-06-012023-05-31 12018112countries:EnglandWales2022-06-012023-05-31 12018112core:FurnitureFittings2022-06-012023-05-31 12018112core:FurnitureFittings2022-05-31 12018112core:FurnitureFittings2023-05-31 120181122021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12018112 (England and Wales)
WLA Property Ltd Unaudited accounts for the year ended 31 May 2023
WLA Property Ltd Unaudited accounts Contents
Page
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WLA Property Ltd Company Information for the year ended 31 May 2023
Director
Lynn Barber
Company Number
12018112 (England and Wales)
Registered Office
33 Wildspur Cottages Sheffield Road, New Mill Holmfirth HD9 7ES
Accountants
Swift Accountancy (Holmfirth) Ltd Old Thorn Yew Tree Lane Holmbridge Holmfirth West Yorkshire HD9 2NR
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WLA Property Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,029 
1,823 
Investment property
288,000 
288,000 
292,029 
289,823 
Current assets
Debtors
2,841 
2,841 
Cash at bank and in hand
5,717 
150 
8,558 
2,991 
Creditors: amounts falling due within one year
6,755 
5,567 
Net current assets
15,313 
8,558 
Total assets less current liabilities
307,342 
298,381 
Creditors: amounts falling due after more than one year
(311,232)
(306,619)
Net liabilities
(3,890)
(8,238)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(3,892)
(8,240)
Shareholders' funds
(3,890)
(8,238)
For the year ending 31 May 2023 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 her 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 20 February 2024 and were signed on its behalf by
Lynn Barber Director Company Registration No. 12018112
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WLA Property Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
WLA Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 12018112. The registered office is 33 Wildspur Cottages, Sheffield Road, New Mill, Holmfirth, HD9 7ES.
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:
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2022
4,556 
Additions
3,897 
At 31 May 2023
8,453 
Depreciation
At 1 June 2022
2,733 
Charge for the year
1,691 
At 31 May 2023
4,424 
Net book value
At 31 May 2023
4,029 
At 31 May 2022
1,823 
5
Investment property
2023 
£ 
Fair value at 1 June 2022
288,000 
At 31 May 2023
288,000 
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WLA Property Ltd Notes to the Accounts for the year ended 31 May 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
2,841 
2,841 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
- 
(2)
Loans from directors
(7,150)
(5,950)
Accruals
395 
385 
(6,755)
(5,567)
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
231,932 
231,932 
Amounts owed to group undertakings and other participating interests
79,300 
74,687 
311,232 
306,619 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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