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REGISTERED NUMBER: 09193402 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 AUGUST 2023

FOR

WESTON LAWNS LOG CABINS LIMITED

WESTON LAWNS LOG CABINS LIMITED (REGISTERED NUMBER: 09193402)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 AUGUST 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WESTON LAWNS LOG CABINS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 AUGUST 2023







DIRECTORS: N Wells
W Chanakaree





REGISTERED OFFICE: 34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG





REGISTERED NUMBER: 09193402 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

WESTON LAWNS LOG CABINS LIMITED (REGISTERED NUMBER: 09193402)

STATEMENT OF FINANCIAL POSITION
28 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 187,713 225,575

CURRENT ASSETS
Debtors 5 92,489 87,284

CREDITORS
Amounts falling due within one year 6 27,637 27,637
NET CURRENT ASSETS 64,852 59,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

252,565

285,222

CREDITORS
Amounts falling due after more than one
year

7

41,803

66,584
NET ASSETS 210,762 218,638

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 210,662 218,538
SHAREHOLDERS' FUNDS 210,762 218,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 August 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.

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 16 July 2024 and were signed on its behalf by:



W Chanakaree - Director


WESTON LAWNS LOG CABINS LIMITED (REGISTERED NUMBER: 09193402)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 AUGUST 2023

1. STATUTORY INFORMATION

Weston Lawns Log Cabins 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 10% - 25% straight line on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

WESTON LAWNS LOG CABINS LIMITED (REGISTERED NUMBER: 09193402)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 AUGUST 2023

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 August 2022
and 28 August 2023 277,566
DEPRECIATION
At 29 August 2022 51,991
Charge for year 37,862
At 28 August 2023 89,853
NET BOOK VALUE
At 28 August 2023 187,713
At 28 August 2022 225,575

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 29 August 2022
and 28 August 2023 149,519
DEPRECIATION
At 29 August 2022 51,510
Charge for year 37,380
At 28 August 2023 88,890
NET BOOK VALUE
At 28 August 2023 60,629
At 28 August 2022 98,009

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 92,489 87,284

WESTON LAWNS LOG CABINS LIMITED (REGISTERED NUMBER: 09193402)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 AUGUST 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 23,379 23,379
Trade creditors 1,859 1,859
Amounts owed to group undertakings 2,399 2,399
27,637 27,637

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 41,803 66,584

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 65,182 89,963

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100