IRIS Accounts Production v24.2.0.383 06689983 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066899832022-12-31066899832023-12-31066899832023-01-012023-12-31066899832021-12-31066899832022-01-012022-12-31066899832022-12-3106689983ns15:EnglandWales2023-01-012023-12-3106689983ns14:PoundSterling2023-01-012023-12-3106689983ns10:Director12023-01-012023-12-3106689983ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3106689983ns10:SmallEntities2023-01-012023-12-3106689983ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3106689983ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106689983ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106689983ns10:AbridgedAccounts2023-01-012023-12-3106689983ns10:CompanySecretary12023-01-012023-12-3106689983ns10:RegisteredOffice2023-01-012023-12-3106689983ns5:CurrentFinancialInstruments2023-12-3106689983ns5:CurrentFinancialInstruments2022-12-3106689983ns5:Non-currentFinancialInstruments2023-12-3106689983ns5:Non-currentFinancialInstruments2022-12-3106689983ns5:ShareCapital2023-12-3106689983ns5:ShareCapital2022-12-3106689983ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3106689983ns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-3106689983ns5:RetainedEarningsAccumulatedLosses2023-12-3106689983ns5:RetainedEarningsAccumulatedLosses2022-12-3106689983ns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-31
REGISTERED NUMBER: 06689983 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Waterlay Limited

Waterlay Limited (Registered number: 06689983)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Waterlay Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: A Shah





SECRETARY: K Shah





REGISTERED OFFICE: 106-108 Burnt Oak Broadway
Edgware
Middlesex
HA8 0BE





REGISTERED NUMBER: 06689983 (England and Wales)

Waterlay Limited (Registered number: 06689983)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 560,000 560,000

CURRENT ASSETS
Debtors 1,203 1,200
Cash at bank 358,961 326,982
360,164 328,182
CREDITORS
Amounts falling due within one year 61,620 57,511
NET CURRENT ASSETS 298,544 270,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

858,544

830,671

CREDITORS
Amounts falling due after more than one
year

(507,487

)

(507,487

)

PROVISIONS FOR LIABILITIES (6,782 ) (6,782 )
NET ASSETS 344,275 316,402

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 5 27,128 27,128
Retained earnings 317,047 289,174
SHAREHOLDERS' FUNDS 344,275 316,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Waterlay Limited (Registered number: 06689983)

Abridged Balance Sheet - continued
31 December 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2024 and were signed by:





A Shah - Director


Waterlay Limited (Registered number: 06689983)

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

1. STATUTORY INFORMATION

Waterlay Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Income
Income represents rent receivable.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 560,000
NET BOOK VALUE
At 31 December 2023 560,000
At 31 December 2022 560,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2014 13,910
Valuation in 2015 10,000
Valuation in 2016 10,000
Cost 526,090
560,000

Investment properties were valued on an open market basis on 31 December 2023 by the director .

5. RESERVES
Fair
value
reserve
£   
At 1 January 2023
and 31 December 2023 27,128