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REGISTERED NUMBER: 00687290 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

E H WENN (HAPPISBURGH) LTD

E H WENN (HAPPISBURGH) LTD (REGISTERED NUMBER: 00687290)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E H WENN (HAPPISBURGH) LTD

COMPANY INFORMATION
for the year ended 5 April 2024







DIRECTORS: Mr J B Grier
Mr D J P Love





SECRETARY: Mr D J P Love





REGISTERED OFFICE: 124 Thorpe Road
Norwich
Norfolk
NR1 1RS





REGISTERED NUMBER: 00687290 (England and Wales)





ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS

E H WENN (HAPPISBURGH) LTD (REGISTERED NUMBER: 00687290)

BALANCE SHEET
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,689 1,237
Investment property 6 4,759,500 4,759,500
4,761,189 4,760,737

CURRENT ASSETS
Debtors 7 10,595 8,845
Cash at bank 244,786 234,624
255,381 243,469
CREDITORS
Amounts falling due within one year 8 17,512 38,751
NET CURRENT ASSETS 237,869 204,718
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,999,058

4,965,455

PROVISIONS FOR LIABILITIES 532,000 532,000
NET ASSETS 4,467,058 4,433,455

CAPITAL AND RESERVES
Called up share capital 9 992 992
Share premium 10 72,040 72,040
Retained earnings 10 4,394,026 4,360,423
SHAREHOLDERS' FUNDS 4,467,058 4,433,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

E H WENN (HAPPISBURGH) LTD (REGISTERED NUMBER: 00687290)

BALANCE SHEET - continued
5 April 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:





Mr J B Grier - Director


E H WENN (HAPPISBURGH) LTD (REGISTERED NUMBER: 00687290)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 5 April 2024

1. STATUTORY INFORMATION

E H Wenn (Happisburgh) Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. The directors' valuation of properties is adjusted annually to take into account the movement in regional property indices. Professional valuations are carried out at least every fifth year. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

E H WENN (HAPPISBURGH) LTD (REGISTERED NUMBER: 00687290)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 6 April 2023 18,839
Additions 1,143
Disposals (469 )
At 5 April 2024 19,513
DEPRECIATION
At 6 April 2023 17,602
Charge for year 691
Eliminated on disposal (469 )
At 5 April 2024 17,824
NET BOOK VALUE
At 5 April 2024 1,689
At 5 April 2023 1,237

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2023
and 5 April 2024 4,759,500
NET BOOK VALUE
At 5 April 2024 4,759,500
At 5 April 2023 4,759,500

The Directors' have valued the investment properties held at the balance sheet date, and, in their opinion, the open market value was £4,759,500.

Fair value at 5 April 2024 is represented by:
£   
Valuation in 2024 4,483,487
Cost 276,013
4,759,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 10,595 8,845

E H WENN (HAPPISBURGH) LTD (REGISTERED NUMBER: 00687290)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 8,400 2,500
Social security and other taxes 5,200 4,800
Other creditors - 19,200
Directors' loan accounts 2,412 5,326
Accruals and deferred income 1,500 6,925
17,512 38,751

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
992 Ordinary £1 992 992

10. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 6 April 2023 4,360,423 72,040 4,432,463
Profit for the year 33,603 - 33,603
At 5 April 2024 4,394,026 72,040 4,466,066

Included within retained earnings is £3,951,487 of non distributable reserves.