Company Registration No. 12861082 (England and Wales)
WIN SL 2 DEVELOPMENTS LIMITED
Unaudited accounts
for the year ended 30 September 2023
WIN SL 2 DEVELOPMENTS LIMITED
Unaudited accounts
Contents
WIN SL 2 DEVELOPMENTS LIMITED
Company Information
for the year ended 30 September 2023
Directors
Gurjeet S Dhillon
Kristian Lee Collett
Duncan Charles Cooke
Manga Singh Dhillon
Company Number
12861082 (England and Wales)
Registered Office
EAGLE HOUSE EAGLE WAY
NORTHFLEET
GRAVESEND
DA11 9BJ
ENGLAND
WIN SL 2 DEVELOPMENTS LIMITED
Statement of financial position
as at 30 September 2023
Inventories
5,584,418
4,475,720
Cash at bank and in hand
8,436
10,036
Creditors: amounts falling due within one year
(169,516)
(185,295)
Net current assets
5,540,565
4,427,458
Total assets less current liabilities
5,540,565
4,427,458
Creditors: amounts falling due after more than one year
(6,099,265)
(4,583,715)
Net liabilities
(558,700)
(156,257)
Called up share capital
100
3
Profit and loss account
(558,800)
(156,260)
Shareholders' funds
(558,700)
(156,257)
For the year ending 30 September 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 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 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Gurjeet S Dhillon
Director
Company Registration No. 12861082
WIN SL 2 DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
WIN SL 2 DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12861082. The registered office is EAGLE HOUSE EAGLE WAY, NORTHFLEET, GRAVESEND, DA11 9BJ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
117,227
126,997
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
22,205
176,545
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
4,784,819
3,782,269
Other creditors
1,314,446
801,446
The company has a 21 month drawdown CBIL loan facility with Assetz Capital Trust Company Ltd. The lender has both a fixed and floating charges over the assets of the company. The amount of development finance drawn down as at the end of September 2023 was £ 4,784,819. The interest chargeable on the loan is at 9.40% per annum.
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).