Registration number:
W.W. Leese (Halifax) Limited
for the
Year Ended 30 April 2024
W.W. Leese (Halifax) Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
W.W. Leese (Halifax) Limited
Balance Sheet
as at 30 April 2024
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2024 |
2023 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
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Net assets |
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Capital and reserves |
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Allotted, called up and fully paid share capital |
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Profit and loss account |
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Shareholders' funds |
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Registration number: 00494638
W.W. Leese (Halifax) Limited
Balance Sheet
as at 30 April 2024 (continued)
For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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W.W. Leese (Halifax) Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 30 April 2024
General information |
The company is a private company limited by shares incorporated in England within the United Kingdom.
The company's registration number is 00494638.
The address of its registered office is:
The principal place of business is:
26 Sheldrake Road
Christchurch
Dorset
BH23 4BW
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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
Revenue recognition
Turnover represents the rent receivable.
W.W. Leese (Halifax) Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 30 April 2024
(continued)
2 |
Accounting policies (continued) |
Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Tangible assets
Tangible assets are stated in the balance sheet at cost (or deemed cost), less any accumulated depreciation and accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Fixtures, fittings and equipment |
10% per annum on a reducing balance basis |
Freehold land |
In accordance with FRS 102, the freehold land is not depreciated |
Investment property
Staff numbers |
The average number of persons employed by the company (including directors) during the year was
Investment properties |
2024 |
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At 1 May 2023 |
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At 30 April 2024 |
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W.W. Leese (Halifax) Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 30 April 2024
(continued)
4 |
Investment properties (continued) |
The historic cost of the investment property was £3,458. The property was valued at an open market value of £440,000 in July 2021 by an independant external valuer. The directors are of the opinion that the value in the accounts reflects its fair value at the year end.
Debtors |
2024 |
2023 |
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Other debtors |
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Creditors |
2024 |
2023 |
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Due within one year |
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Taxation and social security |
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Other creditors |
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Accruals and deferred income |
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Corporation tax |
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