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REGISTERED NUMBER: 06250673 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

WAVERLEY CARE PROPERTY DEVELOPMENTS
LIMITED

WAVERLEY CARE PROPERTY DEVELOPMENTS
LIMITED (REGISTERED NUMBER: 06250673)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 2 to 3


WAVERLEY CARE PROPERTY DEVELOPMENTS
LIMITED (REGISTERED NUMBER: 06250673)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

31.7.23 31.7.22
Notes £    £   
CURRENT ASSETS
Stocks 131,629 131,629
Debtors 4 10,000 10,206
Cash at bank 2,362 3,501
143,991 145,336
CREDITORS
Amounts falling due within one year 5 (74,775 ) (74,925 )
NET CURRENT ASSETS 69,216 70,411
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,216

70,411

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 68,216 69,411
69,216 70,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





R Britten - Director


WAVERLEY CARE PROPERTY DEVELOPMENTS
LIMITED (REGISTERED NUMBER: 06250673)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Waverley Care Property Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06250673

Registered office: 7 Dominic Court
Stone
Staffordshire
ST15 8EH

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company is that of the development and sale of properties.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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'.

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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

STOCKS
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

WAVERLEY CARE PROPERTY DEVELOPMENTS
LIMITED (REGISTERED NUMBER: 06250673)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 10,000 10,000
Other debtors - 206
10,000 10,206

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors - 768
Other creditors 74,775 74,157
74,775 74,925

A Debenture dated 25 July 2007 exists in favour of National Westminster Bank plc over the property and assets of the company.

6. EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no significant events after the end of the reporting period up to the date of approval of the financial statements by the Board.