Registered number: 13808707 | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
Prepared By: | ||||||||
CBS Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
Unit 17, Orbital 25 Business Park | ||||||||
Dwight Road | ||||||||
Watford | ||||||||
WD18 9DA |
Conway Union Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 13808707 | ||||||||
ACCOUNTANTS | ||||||||
CBS Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
Unit 17, Orbital 25 Business Park | ||||||||
Dwight Road | ||||||||
Watford | ||||||||
WD18 9DA |
Conway Union Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 |
Conway Union Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
6,884 | 579,472 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (1,130) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | (6,067) | (1,230) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Conway Union Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. TANGIBLE FIXED ASSETS |
Cost |
At 31/12/2023 |
Depreciation |
At 31/12/2023 |
Net Book Amounts |
At 31/12/2023 |
Conway Union Ltd | ||||||||
4. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
Additions | 572,880 | 572,880 | ||||||
At 31/12/2023 | 572,880 | 572,880 | ||||||
Investment property is included at fair value. | ||||||||
Gains and Losses are recognised in the income statements. | ||||||||
Deferred taxation if any is provided on these gains at the rate expected to apply when the property is sold. | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Directors current account | 266,604 | 260,000 | ||||||
Directors current account | 1,175 | - | ||||||
Other creditors | 317,202 | 320,002 | ||||||
Accruals | 750 | 600 | ||||||
585,731 | 580,602 | |||||||
6. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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Conway Union Ltd | ||||||||
8. TRANSITION TO FINANCIAL REPORTING STANDARD FRS 102 WITH 1A EXEMPTIONS | ||||||||
As stated in note 1 ( Accounting Policies), these are the company's first financial statements prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. | ||||||||
The accounting policies set out in note 1 have been applied in preparing the financial statements for the year ended 31 December 2023. | ||||||||
The policies applied under the Company's previous accounting framework are not materially different to FRS 102 standards applicable in the UK and Republic of Ireland. |