Western Field (Sidmouth) Limited 01586449 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is the management of flats situated at Western Field, Manor Road, Sidmouth, Devon Digita Accounts Production Advanced 6.30.9574.0 true true 01586449 2023-01-01 2023-12-31 01586449 2023-12-31 01586449 core:CurrentFinancialInstruments 2023-12-31 01586449 core:LandBuildings 2023-12-31 01586449 bus:SmallEntities 2023-01-01 2023-12-31 01586449 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 01586449 bus:FullAccounts 2023-01-01 2023-12-31 01586449 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01586449 bus:RegisteredOffice 2023-01-01 2023-12-31 01586449 bus:CompanySecretary1 2023-01-01 2023-12-31 01586449 bus:Director10 2023-01-01 2023-12-31 01586449 bus:Director13 2023-01-01 2023-12-31 01586449 bus:Director16 2023-01-01 2023-12-31 01586449 bus:Director2 2023-01-01 2023-12-31 01586449 bus:Director3 2023-01-01 2023-12-31 01586449 bus:Director4 2023-01-01 2023-12-31 01586449 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01586449 bus:Agent1 2023-01-01 2023-12-31 01586449 countries:EnglandWales 2023-01-01 2023-12-31 01586449 2022-12-31 01586449 core:LandBuildings 2022-12-31 01586449 2022-01-01 2022-12-31 01586449 2022-12-31 01586449 core:CurrentFinancialInstruments 2022-12-31 01586449 core:LandBuildings 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 01586449

Western Field (Sidmouth) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

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Western Field (Sidmouth) Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

Western Field (Sidmouth) Limited

Company Information

Directors

Mr M J Powell

Sir R J H Gibbs

Mr A J Rugg-Gunn

Mr D D Gill

Mrs C M L Tremeer

Mr S W Yarnall

Company secretary

Mr S I Jarrett

Registered office

Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

Accountants

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Western Field (Sidmouth) Limited
for the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Western Field (Sidmouth) Limited for the year ended 31 December 2023 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Western Field (Sidmouth) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Western Field (Sidmouth) Limited and state those matters that we have agreed to state to the Board of Directors of Western Field (Sidmouth) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Western Field (Sidmouth) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Western Field (Sidmouth) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Western Field (Sidmouth) Limited. You consider that Western Field (Sidmouth) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Western Field (Sidmouth) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

15 August 2024

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Western Field (Sidmouth) Limited

(Registration number: 01586449)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

10,708

10,708

Current assets

 

Debtors

7

7

Net assets

 

10,715

10,715

Capital and reserves

 

Called up share capital

7

7

Other reserves

10,708

10,708

Shareholders' funds

 

10,715

10,715

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 July 2024 and signed on its behalf by:
 

.........................................
Mrs C M L Tremeer
Director

 

Western Field (Sidmouth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Bank, Cash and Other Assets

A statutory trust is placed over service charge monies received under section 42 of the Landlord and Tenant Act 1987 and the Residential Management Company acts as a trustee in this capacity.

The closing balance of cash and other assets held on trust by the Residential Management Company are £45,558:
£26,267 Harrison-Lavers & Potburys Ltd Re Western Field (Sidmouth) Ltd Clients Account HSBC Current Account 11540424 (non interest bearing)
£19,291 Harrison Lavers & Potburys Ltd Re Western Field (Sidmouth) Ltd Clients Account Barclays Premium Account 93825078 (interest bearing)
 

 

Western Field (Sidmouth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2022 - 7).

4

Tangible assets

Land and buildings
£

Total
£

Cost

At 1 January 2023

10,708

10,708

At 31 December 2023

10,708

10,708

Carrying amount

At 31 December 2023

10,708

10,708

At 31 December 2022

10,708

10,708