Word On The Street Properties Ltd 11037639 true 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is Buying and selling of own real estate Digita Accounts Production Advanced 6.30.9574.0 true Mr Michael Paul Street Miss Jasmine Louisa Ough true 11037639 2022-07-01 2023-06-30 11037639 2023-06-30 11037639 bus:OrdinaryShareClass1 bus:CumulativeNon-redeemableShares 2023-06-30 11037639 core:ShareCapital 2023-06-30 11037639 core:CurrentFinancialInstruments 2023-06-30 11037639 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 11037639 bus:FRS102 2022-07-01 2023-06-30 11037639 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 11037639 bus:FullAccounts 2022-07-01 2023-06-30 11037639 bus:RegisteredOffice 2022-07-01 2023-06-30 11037639 bus:Director1 2022-07-01 2023-06-30 11037639 bus:Director2 2022-07-01 2023-06-30 11037639 bus:OrdinaryShareClass1 bus:CumulativeNon-redeemableShares 2022-07-01 2023-06-30 11037639 bus:EntityHasNeverTraded 2022-07-01 2023-06-30 11037639 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 11037639 countries:AllCountries 2022-07-01 2023-06-30 11037639 2022-06-30 11037639 bus:OrdinaryShareClass1 bus:CumulativeNon-redeemableShares 2022-06-30 11037639 core:ShareCapital 2022-06-30 11037639 core:CurrentFinancialInstruments 2022-06-30 11037639 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11037639

Word On The Street Properties Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2023

 

Word On The Street Properties Ltd

(Registration number: 11037639)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Current assets

 

Debtors

3

1

1

Capital and reserves

 

Called up share capital

4

1

1

Shareholders' funds

 

1

1

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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.

Approved and authorised by the Board on 5 March 2024 and signed on its behalf by:
 

.........................................
Mr Michael Paul Street
Director

.........................................
Miss Jasmine Louisa Ough
Director

 

Word On The Street Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
2 Highmead Street
Manchester
M18 8PJ

These financial statements were authorised for issue by the Board on 5 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis on preparing its financial statements.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

 

Word On The Street Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

3

Debtors

Current

2023
£

2022
£

Other debtors

1

1

 

1

1

4

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary share class 1 of £0.50 each

2

1

2

1