Company Registration No. 13440048 (England and Wales)
Merrow Wood (Prospect Farm) Limited
Unaudited accounts
for the year ended 30 June 2023
Merrow Wood (Prospect Farm) Limited
Unaudited accounts
Contents
Merrow Wood (Prospect Farm) Limited
Company Information
for the year ended 30 June 2023
Directors
Daniel William Webber
JA Kennedy Property Consultancy Ltd
Company Number
13440048 (England and Wales)
Registered Office
85 Great Portland Street
London
W1W 7LT
Accountants
Townley & Co Limited
Warrington Business Centre
67 Bewsey Street
Warrington
WA2 7JQ
Merrow Wood (Prospect Farm) Limited
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
439
-
Creditors: amounts falling due within one year
(50,239)
(7,674)
Net current liabilities
(47,853)
(6,871)
Net liabilities
(47,853)
(6,871)
Called up share capital
2
2
Profit and loss account
(47,855)
(6,873)
Shareholders' funds
(47,853)
(6,871)
For the year ending 30 June 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 4 March 2024 and were signed on its behalf by
Daniel William Webber
Director
Company Registration No. 13440048
Merrow Wood (Prospect Farm) Limited
Notes to the Accounts
for the year ended 30 June 2023
Merrow Wood (Prospect Farm) Limited is a private company, limited by shares, registered in England and Wales, registration number 13440048. The registered office is 85 Great Portland Street, London, W1W 7LT.
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The financial statements have been prepared on a going concern basis due to the continued support of the company directors.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
50,239
7,674
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).