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REGISTERED NUMBER: 03122935 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THE WETHERED ESTATE LIMITED

THE WETHERED ESTATE LIMITED (REGISTERED NUMBER: 03122935)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE WETHERED ESTATE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr T Burke
Mr H M V Gray
Mr E Patterson
Mr P J Robinson
Mr I R Dye
Mr T Potter





REGISTERED OFFICE: Mercury House
19/21 Chapel Street
Marlow
Bucks
SL7 3HN





REGISTERED NUMBER: 03122935 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

THE WETHERED ESTATE LIMITED (REGISTERED NUMBER: 03122935)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1

CURRENT ASSETS
Debtors 5 3,068 1,586
Cash at bank 6 334,551 263,729
337,619 265,315
CREDITORS
Amounts falling due within one year 7 75,965 79,748
NET CURRENT ASSETS 261,654 185,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,655

185,568

CAPITAL AND RESERVES
Called up share capital 8 48 48
Other reserves 9 1 1
Retained earnings 9 261,606 185,519
SHAREHOLDERS' FUNDS 261,655 185,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 March 2024 and were signed on its behalf by:




Mr I R Dye - Director



Mr H M V Gray - Director


THE WETHERED ESTATE LIMITED (REGISTERED NUMBER: 03122935)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

The Wethered Estate 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.

Turnover
Turnover represents the amount receivable from the residents in respect of levies raised in order to recover service charge costs.

Tangible fixed assets
The directors have decided to depreciate the freehold property down to a notional value of £1.There is no intention to sell the land and it is felt that including it at historical cost on the balance sheet distorts the retained reserves which should reflect the ability of the company to meet its maintenance and repairs obligations.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 January 2023
and 31 December 2023 12,001
DEPRECIATION
At 1 January 2023
and 31 December 2023 12,000
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 1,272 322
Accrued interest received 1,796 1,264
3,068 1,586

6. CASH AT BANK

Included in the amount held at bank is £36,453 held by Kempton Carr in their Nat West general client account (2022:£44,964).The balance of the funds are held by the company directly.

THE WETHERED ESTATE LIMITED (REGISTERED NUMBER: 03122935)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 3,775 5,043
Service charge for next year 68,051 68,302
Tax 1,139 3
Accrued expenses 3,000 6,400
75,965 79,748

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
48 Ordinary 1 48 48

9. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 January 2023 185,519 1 185,520
Profit for the year 76,087 76,087
At 31 December 2023 261,606 1 261,607