WAVERLEY G. LIMITED

Company Registration Number:
08845134 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

WAVERLEY G. LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Miss Waverley George
Registered office: 42
Butler Road
Harrow
Harrow
Middlesex
GBR
HA1 4DR
Company Registration Number: 08845134 (England and Wales)

WAVERLEY G. LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Miss Waverley George

This report was approved by the board of directors on 19 September 2024
And Signed On Behalf Of The Board By:

Name: Miss Waverley George
Status: Director

WAVERLEY G. LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 17,412 -
Cost of sales ( 8,138 ) -
Gross Profit or (Loss) 9,274 -
Distribution Costs ( 695 ) -
Administrative Expenses ( 11,598 ) -
Operating Profit or (Loss) ( 3,019 ) -
Profit or (Loss) Before Tax 4 ( 3,019 ) -
Profit or (Loss) for Period ( 3,019 ) -

The notes form part of these financial statements

WAVERLEY G. LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 92 122
Total fixed assets: 92 122
Current assets
Stocks: 8,639 12,650
Cash at bank and in hand: 837 4,479
Total current assets: 9,476 17,129
Creditors: amounts falling due within one year: 6 ( 10,955 ) ( 12,134 )
Net current assets (liabilities): ( 1,479 ) 4,995
Total assets less current liabilities: ( 1,387 ) 5,117
Creditors: amounts falling due after more than one year: 7 ( 2,250 ) ( 3,250 )
Total net assets (liabilities): ( 3,637 ) 1,867

The notes form part of these financial statements

WAVERLEY G. LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 3,638 ) 1,866
Shareholders funds: ( 3,637 ) 1,867

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 19 September 2024
And Signed On Behalf Of The Board By:

Name: Miss Waverley George
Status: Director

The notes form part of these financial statements

WAVERLEY G. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turned over £17,412.83 consisting of sales of 498 items, each item was sold at a different prices, however, the average unit price with profit comes to £34,9655, with a remaining of 622 units not sold within that period.

    Tangible fixed assets depreciation policy

    A 25% deduction of previous year value of £122, totals this period value of £92

WAVERLEY G. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

WAVERLEY G. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

WAVERLEY G. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4.Profit or (Loss) before tax

The loss amount includes the monthly payments/debits of the COVID bounce back loan which totals to circa £1,080.60 over 12 months period.

WAVERLEY G. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2023 386 386
Additions - -
Disposals ( 0 ) ( 0 )
Revaluations ( 30 ) ( 30 )
Transfers 0 0
At 31 March 2024 356 356
Depreciation
At 01 April 2023 264 264
Charge for year - -
On disposals - -
Other adjustments 0 0
At 31 March 2024 264 264
Net book value
At 31 March 2024 92 92
At 31 March 2023 122 122

WAVERLEY G. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 9,830 10,535
Taxation and social security 600 1,074
Accruals and deferred income 0 0
Other creditors 525 525
Total 10,955 12,134

Paid/owed £600 for tax
Paid/owed £525 to Accountant
Paid/owed £9830
Total £10,955

WAVERLEY G. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 2,250 3,250
Amounts due under finance leases and hire purchase contracts 0
Total 2,250 3,250

Bank loan - Bounce back COVID Loan paid £1000 in this period, therefore, from previous period balance was £3250 - £1000 paid still to pay £2250.