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REGISTERED NUMBER: 04476068 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Ordnance Wharf Limited

Ordnance Wharf Limited (Registered number: 04476068)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Ordnance Wharf Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs K J Williams





REGISTERED OFFICE: Mindora heights Mill Lane
Harbledown
Canterbury
Kent
CT2 8NG





REGISTERED NUMBER: 04476068 (England and Wales)





ACCOUNTANTS: A.K & Co (Accountancy Services) Ltd
19 Victoria Terrace
Hove
East Sussex
BN3 2WB

Ordnance Wharf Limited (Registered number: 04476068)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 4 250,000 250,000
Debtors 5 248 248
Cash at bank 13,353 659
263,601 250,907
CREDITORS
Amounts falling due within one year 6 62,066 521,686
NET CURRENT ASSETS/(LIABILITIES) 201,535 (270,779 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,535

(270,779

)

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 200,535 (271,779 )
SHAREHOLDERS' FUNDS 201,535 (270,779 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31 July 2024 and were signed by:





Mrs K J Williams - Director


Ordnance Wharf Limited (Registered number: 04476068)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Ordnance Wharf 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.

Going Concern
The company's day to day working capital is met through loan accounts with related parties. These businesses have given their undertaking not to draw down on the loans to the detriment of the company and the director therefore considers it appropriate to prepare the financial statements on a going concern basis.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. STOCKS
2024 2023
£    £   
Stocks 250,000 250,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Abbey Road - Loan 248 248

Ordnance Wharf Limited (Registered number: 04476068)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Kent Properties - Loan 20,000 479,547
Quayside Loan 29,266 29,266
MSW Loan 12,500 12,500
Accrued expenses 300 373
62,066 521,686

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. RELATED PARTY DISCLOSURES

Loans were advanced by Kent Properties Limited, Abbey Road Developments Limited and Quayside Properties Limited, company controlled by M S White, the father of K J Williams a Director. M S White has also personally advanced a loan to the company. The amounts outstanding at the year end were as follows:

Kent Properties Limited - £499,547 (2023: £479,547)
Quayside Properties Limited - £29,266 (2023: £29,266)
M S White - £12,500 (2023: £12,500)
Abbey Road Developments Limited £248 (2023: £248)

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs K J Williams.