Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse2023-01-013No description of principal activityfalse 07716754 2023-01-01 2023-12-31 07716754 2023-12-31 07716754 2022-01-01 2022-12-31 07716754 2022-12-31 07716754 c:Director4 2023-01-01 2023-12-31 07716754 d:CurrentFinancialInstruments 2023-12-31 07716754 d:CurrentFinancialInstruments 2022-12-31 07716754 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07716754 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07716754 d:ShareCapital 2023-12-31 07716754 d:ShareCapital 2022-12-31 07716754 c:FRS102 2023-01-01 2023-12-31 07716754 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07716754 c:FullAccounts 2023-01-01 2023-12-31 07716754 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 07716754


WELLERS VINCENT SQUARE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
WELLERS VINCENT SQUARE LIMITED
REGISTERED NUMBER: 07716754

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
47,942
47,595

Cash at bank and in hand
 5 
100
100

  
48,042
47,695

Creditors: amounts falling due within one year
 6 
(47,942)
(47,595)

Net current assets
  
 
 
100
 
 
100

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


Page 1

 
WELLERS VINCENT SQUARE LIMITED
REGISTERED NUMBER: 07716754
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Matthew Paul Wyatt
Director

Date: 20 September 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
WELLERS VINCENT SQUARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Wellers Vincent Square Limited is a limited liability company. The company is incorporated in England and Wales. The registered office is 1 Vincent Square, London, SW1P 2PN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
WELLERS VINCENT SQUARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 3).


4.


Debtors

2023
2022
£
£


Prepayments and accrued income
47,942
47,595

47,942
47,595



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
100
100

100
100



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
47,942
47,595

47,942
47,595


 
Page 4