Registration number:
WHGS Activities Limited
for the Period from 1 September 2022 to 31 October 2023
WHGS Activities Limited
Contents
Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
WHGS Activities Limited
(Registration number: 02943632)
Balance Sheet as at 31 October 2023
Note |
2023 |
2022 |
|
Current assets |
|||
Cash at bank and in hand |
- |
|
|
Creditors: Amounts falling due within one year |
- |
( |
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Net assets |
- |
|
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Capital and reserves |
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Called up share capital |
- |
2 |
|
Retained earnings |
- |
2,353 |
|
Shareholders' funds |
- |
2,355 |
For the financial period ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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WHGS Activities Limited
Statement of Changes in Equity for the Period from 1 September 2022 to 31 October 2023
Share capital |
Retained earnings |
Total |
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At 1 September 2022 |
|
|
|
Profit for the period |
- |
|
|
Gift Aid to Academy Trust |
- |
( |
( |
Other share capital movements |
(2) |
- |
(2) |
At 31 October 2023 |
- |
- |
- |
Share capital |
Retained earnings |
Total |
|
At 1 September 2021 |
|
|
|
Profit for the period |
- |
|
|
Gift Aid to Academy Trust |
- |
( |
( |
At 31 August 2022 |
2 |
2,353 |
2,355 |
WHGS Activities Limited
Notes to the Unaudited Financial Statements for the Period from 1 September 2022 to 31 October 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with FRS 102 Section 1A - the financial reporting standard applicable in the UK and Republic of Ireland, and the Companies Act.
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.
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
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.
WHGS Activities Limited
Notes to the Unaudited Financial Statements for the Period from 1 September 2022 to 31 October 2023
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.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Due within one year |
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Taxation and social security |
- |
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Accruals and deferred income |
- |
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- |
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Gift Aid |
Gift Aid of £2,396 (2022: £77,395) paid to William Hulme's Grammar School Foundation, the company's parent.