Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30truetrue2023-01-011The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false1 10022543 2023-01-01 2023-09-30 10022543 2022-01-01 2022-12-31 10022543 2023-09-30 10022543 2022-12-31 10022543 c:Director1 2023-01-01 2023-09-30 10022543 d:LeaseholdInvestmentProperty 2023-01-01 2023-09-30 10022543 d:LeaseholdInvestmentProperty 2023-09-30 10022543 d:LeaseholdInvestmentProperty 2022-12-31 10022543 d:CurrentFinancialInstruments 2023-09-30 10022543 d:CurrentFinancialInstruments 2022-12-31 10022543 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10022543 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10022543 d:ShareCapital 2023-09-30 10022543 d:ShareCapital 2022-12-31 10022543 d:RetainedEarningsAccumulatedLosses 2023-09-30 10022543 d:RetainedEarningsAccumulatedLosses 2022-12-31 10022543 c:FRS102 2023-01-01 2023-09-30 10022543 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-09-30 10022543 c:FullAccounts 2023-01-01 2023-09-30 10022543 c:PrivateLimitedCompanyLtd 2023-01-01 2023-09-30 10022543 e:PoundSterling 2023-01-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 10022543










WILBURY GARDENS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
WILBURY GARDENS LIMITED
REGISTERED NUMBER: 10022543

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

30 September
31 December
2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
-
226,288

  
-
226,288

Current assets
  

Debtors: amounts falling due within one year
 5 
100
100

Cash at bank and in hand
  
209,260
2,911

  
209,360
3,011

Creditors: amounts falling due within one year
 6 
(247,162)
(245,268)

Net current liabilities
  
 
 
(37,802)
 
 
(242,257)

Total assets less current liabilities
  
(37,802)
(15,969)

  

Net liabilities
  
(37,802)
(15,969)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(37,902)
(16,069)

  
(37,802)
(15,969)


Page 1

 
WILBURY GARDENS LIMITED
REGISTERED NUMBER: 10022543
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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: 




P H Shapeero
Director

Date: 24 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
WILBURY GARDENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

1.


General information

The company is a private company limited by shares, and is incorporated in England and Wales. The address of the registered office is 5th Floor 50 Fenchurch Street, London, W1G EC3M 3JY.

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

Going concern

The accounts have been prepared on a going concern basis. The basis is considered appropriate as the director has confirmed that he will continue to provide support to enable the company to meet its forecast liabilities as they fall due.

 
2.3

Investment property

Investment property is carried at fair value determined annually by the director.

 
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.

 
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.

Page 3

 
WILBURY GARDENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 4

 
WILBURY GARDENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)


Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022 - 1).


4.


Investment property





Long term leasehold investment property

£



Valuation


At 1 January 2023
226,288


Disposals
(226,288)



At 30 September 2023
-







5.


Debtors

30 September
31 December
2023
2022
£
£


Other debtors
100
100


Page 5

 
WILBURY GARDENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

6.


Creditors: Amounts falling due within one year

30 September
31 December
2023
2022
£
£

Trade creditors
1,000
4,372

Other creditors
246,162
240,206

Accruals and deferred income
-
690

247,162
245,268



7.


Related party transactions

Included in other creditors is an amount of £224,948 (2022: £224,948) owed to a company under common control.

 
Page 6