Whittonditch Farm Barns Development Limited 10328084 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is property development. Digita Accounts Production Advanced 6.30.9574.0 true true 10328084 2022-09-01 2023-08-31 10328084 2023-08-31 10328084 core:CurrentFinancialInstruments 2023-08-31 10328084 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 10328084 bus:SmallEntities 2022-09-01 2023-08-31 10328084 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 10328084 bus:FullAccounts 2022-09-01 2023-08-31 10328084 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 10328084 bus:RegisteredOffice 2022-09-01 2023-08-31 10328084 bus:Director1 2022-09-01 2023-08-31 10328084 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 10328084 countries:EnglandWales 2022-09-01 2023-08-31 10328084 2021-09-01 2022-08-31 10328084 2022-08-31 10328084 core:CurrentFinancialInstruments 2022-08-31 10328084 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 iso4217:GBP xbrli:pure

Registration number: 10328084

Whittonditch Farm Barns Development Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2023

 

Whittonditch Farm Barns Development Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Whittonditch Farm Barns Development Limited

(Registration number: 10328084)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Current assets

 

Stocks

4

198,009

193,390

Debtors

5

152,286

22,556

Cash at bank and in hand

 

33,897

169,928

 

384,192

385,874

Creditors: Amounts falling due within one year

6

(1,853)

(1,671)

Net assets

 

382,339

384,203

Capital and reserves

 

Called up share capital

1

1

Retained earnings

382,338

384,202

Shareholders' funds

 

382,339

384,203

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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.

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 Board on 17 April 2024 and signed on its behalf by:
 

.........................................
HC Porter
Director

 

Whittonditch Farm Barns Development Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

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

The address of its registered office is:
Bances Yard
Gore End Road
Ball Hill
Newbury
Berkshire
RG20 0PG
England

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 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.

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.

Debtors

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

 

Whittonditch Farm Barns Development Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

4

Stocks

2023
£

2022
£

Work in progress

198,009

193,390

5

Debtors

Current

2023
£

2022
£

Other debtors

152,286

22,556

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

363

276

Amounts owed to group undertakings and undertakings in which the company has a participating interest

40

40

Other creditors

1,450

1,355

1,853

1,671