Company Registration No. 11961536 (England and Wales)
Wisteria Investing Ltd
Unaudited accounts
for the year ended 30 April 2024
Wisteria Investing Ltd
Unaudited accounts
Contents
Wisteria Investing Ltd
Company Information
for the year ended 30 April 2024
Directors
Paul Martin
Louarne Suzanne Martin
Company Number
11961536 (England and Wales)
Registered Office
1 Northwick, Eversley
Hook
RG27 0SD
England
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Wisteria Investing Ltd
Accountants' report
Accountants' report to the board of directors of Wisteria Investing Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Wisteria Investing Ltd for the year ended
30 April 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Wisteria Investing Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Wisteria Investing Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wisteria Investing Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wisteria Investing Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Wisteria Investing Ltd. You consider that Wisteria Investing Ltd 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 accounts of Wisteria Investing Ltd. 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 accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
12 July 2024
Wisteria Investing Ltd
Statement of financial position
as at 30 April 2024
Investment property
117,501
114,756
Cash at bank and in hand
8,541
4,142
Creditors: amounts falling due within one year
(33,988)
(33,898)
Net current liabilities
(25,447)
(28,974)
Total assets less current liabilities
92,054
85,782
Creditors: amounts falling due after more than one year
(87,975)
(87,975)
Net assets/(liabilities)
4,079
(2,193)
Called up share capital
10
10
Revaluation reserve
(2,401)
(5,146)
Profit and loss account
6,470
2,943
Shareholders' funds
4,079
(2,193)
For the year ending 30 April 2024 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 7 August 2024 and were signed on its behalf by
Paul Martin
Director
Company Registration No. 11961536
Wisteria Investing Ltd
Notes to the Accounts
for the year ended 30 April 2024
Wisteria Investing Ltd is a private company, limited by shares, registered in England and Wales, registration number 11961536. The registered office is 1 Northwick, Eversley, Hook, RG27 0SD, England.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost.
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 May 2023
114,756
Net gain from fair value adjustments
2,745
Wisteria Investing Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Accrued income and prepayments
-
782
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
827
1,049
Loans from directors
32,141
31,829
8
Creditors: amounts falling due after more than one year
2024
2023
Aggregate of amounts that fall due for payment after five years
87,975
87,975
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).