Company Registration No. 11016635 (England and Wales)
WAKERLEY INVESTMENTS LTD
Unaudited accounts
for the year ended 31 October 2023
WAKERLEY INVESTMENTS LTD
Unaudited accounts
Contents
WAKERLEY INVESTMENTS LTD
Company Information
for the year ended 31 October 2023
Director
Samuel Richard Wakerley
Company Number
11016635 (England and Wales)
Registered Office
Azoth Solutions Ltd
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
England
Accountants
Azoth Solutions Ltd
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
WAKERLEY INVESTMENTS LTD
Statement of financial position
as at 31 October 2023
Tangible assets
2,669,013
2,682,500
Cash at bank and in hand
1,342
168,080
Creditors: amounts falling due within one year
(2,306,462)
(2,528,435)
Net current liabilities
(2,268,724)
(2,354,424)
Total assets less current liabilities
400,289
328,076
Provisions for liabilities
Deferred tax
(39,501)
(43,306)
Net assets
360,788
284,770
Called up share capital
100
100
Profit and loss account
360,688
284,670
Shareholders' funds
360,788
284,770
For the year ending 31 October 2023 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 director acknowledges his 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 and authorised for issue on 31 July 2024 and were signed on its behalf by
Samuel Richard Wakerley
Director
Company Registration No. 11016635
WAKERLEY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 October 2023
WAKERLEY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11016635. The registered office is Azoth Solutions Ltd, Jonathan Scott Hall, Thorpe Road, Norwich, Norfolk, NR1 1UH, 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.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
2,682,500
-
2,682,500
Additions
198,000
16,513
214,513
Disposals
(228,000)
-
(228,000)
At 31 October 2023
2,652,500
16,513
2,669,013
At 31 October 2023
2,652,500
16,513
2,669,013
At 31 October 2022
2,682,500
-
2,682,500
Amounts falling due within one year
Trade debtors
36,396
5,931
WAKERLEY INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
23,159
23,263
Loans from directors
2,282,703
2,499,704
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).