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Company Registration No. 07838225 (England and Wales)
Withyfold Trading Estate Limited Unaudited accounts for the year ended 30 November 2023
Withyfold Trading Estate Limited Unaudited accounts Contents
Page
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Withyfold Trading Estate Limited Company Information for the year ended 30 November 2023
Director
J D Womby
Company Number
07838225 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Withyfold Trading Estate Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,570 
12,760 
Investment property
3,300,000 
3,300,000 
3,309,570 
3,312,760 
Current assets
Debtors
21,940 
29,923 
Cash at bank and in hand
54 
16,471 
21,994 
46,394 
Creditors: amounts falling due within one year
(1,062,144)
(1,122,251)
Net current liabilities
(1,040,150)
(1,075,857)
Total assets less current liabilities
2,269,420 
2,236,903 
Creditors: amounts falling due after more than one year
(1,398,393)
(1,408,393)
Provisions for liabilities
Deferred tax
(183,167)
(183,773)
Net assets
687,860 
644,737 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
687,859 
644,736 
Shareholders' funds
687,860 
644,737 
For the year ending 30 November 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 21 August 2024 and were signed on its behalf by
J D Womby Director Company Registration No. 07838225
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Withyfold Trading Estate Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Withyfold Trading Estate Limited is a private company, limited by shares, registered in England and Wales, registration number 07838225. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Plant & machinery
20% per annum on cost
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Withyfold Trading Estate Limited Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
15,950 
At 30 November 2023
15,950 
Depreciation
At 1 December 2022
3,190 
Charge for the year
3,190 
At 30 November 2023
6,380 
Net book value
At 30 November 2023
9,570 
At 30 November 2022
12,760 
5
Investment property
2023 
£ 
Fair value at 1 December 2022
3,300,000 
At 30 November 2023
3,300,000 
The Investment property is the Withyfold Trading Estate, Withyfold Drive, Macclesfield, Cheshire. SK10 2BD
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
21,731 
28,676 
Trade debtors
209 
1,247 
21,940 
29,923 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
4,598 
2,079 
Amounts owed to group undertakings and other participating interests
982,549 
1,054,060 
Loans from directors
46,712 
41,127 
Accruals
2,495 
2,495 
Deferred income
15,790 
12,490 
1,062,144 
1,122,251 
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Withyfold Trading Estate Limited Notes to the Accounts for the year ended 30 November 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,398,393 
1,408,393 
Aggregate of amounts that fall due for payment after five years
1,382,560 
1,382,560 
The loan of £1,382,560 is secured by a legal charge over the property know as Withyfold Trading Estate, Withyfold Drive, Macclesfield, Cheshire SK10 2BD
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Transactions with related parties
Mr J D Womby is a director and shareholder in both Southpark Developments Limited and Withyfold Trading Estate Limited At the balance sheet date Southpark Developments Limited was owed £982,549 ( 2022 £1,054,060 ) from Withyfold Trading Estate Limited. The loan is subject to interest at a commercial rate and repayable upon demand.
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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