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REGISTERED NUMBER: 08303960 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Wimpole Road Limited

Wimpole Road Limited (Registered number: 08303960)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Wimpole Road Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: J R Baker
Mrs R A Baker





REGISTERED OFFICE: 49 Wimpole Road
Colchester
Essex
CO1 2DL





REGISTERED NUMBER: 08303960 (England and Wales)





ACCOUNTANTS: JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Wimpole Road Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wimpole Road Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Wimpole Road Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wimpole Road Limited and state those matters that we have agreed to state to the Board of Directors of Wimpole Road Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wimpole Road Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wimpole Road Limited. You consider that Wimpole Road 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 financial statements of Wimpole Road 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 financial statements.






JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR


23 July 2024

Wimpole Road Limited (Registered number: 08303960)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,557 18,548

CURRENT ASSETS
Debtors 5 16,752 17,389
Investments 6 150,660 145,451
Cash at bank 38,248 22,493
205,660 185,333
CREDITORS
Amounts falling due within one year 7 23,513 29,553
NET CURRENT ASSETS 182,147 155,780
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,704

174,328

PROVISIONS FOR LIABILITIES 3,444 2,398
NET ASSETS 195,260 171,930

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 195,259 171,929
SHAREHOLDERS' FUNDS 195,260 171,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Wimpole Road Limited (Registered number: 08303960)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by:





J R Baker - Director


Wimpole Road Limited (Registered number: 08303960)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Wimpole Road Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on cost
Motor vehicles - 20% on cost

Financial instruments
Investments in listed equities are held as current assets and initially recognised at cost. At the balance sheet date the assets are measured at their fair value and changes in fair value are recognised in the profit and loss account.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Wimpole Road Limited (Registered number: 08303960)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 52,660
Additions 584
At 30 November 2023 53,244
DEPRECIATION
At 1 December 2022 34,112
Charge for year 2,575
At 30 November 2023 36,687
NET BOOK VALUE
At 30 November 2023 16,557
At 30 November 2022 18,548

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 14,831 16,269
Other debtors 1,921 1,120
16,752 17,389

6. CURRENT ASSET INVESTMENTS
30.11.23 30.11.22
£    £   
Listed investments 150,660 145,451

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 19,526 16,920
Other creditors 3,987 12,633
23,513 29,553

8. RELATED PARTY DISCLOSURES

During the year the company was provided with a loan from its director. The loan is interest-free and repayable on demand. The balance at 30 November 2023 was in the sum of £2,632 (2022: £11,968).