Company Registration No. 1082097 (England and Wales)
Weavering Holdings Limited
Unaudited accounts
for the year ended 31 December 2023
Weavering Holdings Limited
Unaudited accounts
Contents
Weavering Holdings Limited
Company Information
for the year ended 31 December 2023
Directors
C T Coppin
Mrs J Coppin
Company Number
1082097 (England and Wales)
Registered Office
Marston House, Grove Green Lane
Weavering
Maidstone
Kent
ME14 5JW
Accountants
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
Weavering Holdings Limited
Accountants' report
Accountants' report to the board of directors of Weavering Holdings Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Weavering Holdings Limited for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Weavering Holdings Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Weavering Holdings Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Weavering Holdings Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Weavering Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Weavering Holdings Limited. You consider that Weavering Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Weavering Holdings Limited. 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 accounts.
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
8 April 2024
Weavering Holdings Limited
Statement of financial position
as at 31 December 2023
Tangible assets
215,900
191,888
Cash at bank and in hand
215,648
226,068
Creditors: amounts falling due within one year
(84,606)
(78,461)
Net current assets
135,976
153,480
Net assets
351,876
345,368
Called up share capital
1,050
1,050
Profit and loss account
342,826
336,318
Shareholders' funds
351,876
345,368
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by
C T Coppin
Director
Company Registration No. 1082097
Weavering Holdings Limited
Notes to the Accounts
for the year ended 31 December 2023
Weavering Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 1082097. The registered office is Marston House, Grove Green Lane, Weavering, Maidstone, Kent, ME14 5JW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Depreciation is provided to write off each asset over its estimated useful life at the following rates :-
Land & buildings
No depreciation is being charged as the current value of the Freehold exceeds the cost.
Motor vehicles
25% on reducing balance.
Turnover represents rental income, excluding Value Added Tax.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
185,832
34,029
219,861
Disposals
-
(34,029)
(34,029)
At 31 December 2023
185,832
40,090
225,922
At 1 January 2023
-
27,973
27,973
Charge for the year
-
10,022
10,022
On disposals
-
(27,973)
(27,973)
At 31 December 2023
-
10,022
10,022
At 31 December 2023
185,832
30,068
215,900
At 31 December 2022
185,832
6,056
191,888
Weavering Holdings Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
1,934
2,873
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,684
4,481
Other creditors
33,000
33,000
Loans from directors
45,762
38,964
Allotted, called up and fully paid:
1,050 Ordinary shares of £1 each
1,050
1,050
8
Transactions with related parties
The Directors control the company by virtue of a controlling interest of 100% of the issued, ordinary share capital.
All Dividends were paid to the Directors.
The Management Charge paid represents the amount paid to A W Coppin Ltd, being a company controlled by C T Coppin.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).