IRIS Accounts Production v24.3.0.553 10417295 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104172952022-10-31104172952023-10-31104172952022-11-012023-10-31104172952021-10-31104172952021-11-012022-10-31104172952022-10-3110417295ns15:EnglandWales2022-11-012023-10-3110417295ns14:PoundSterling2022-11-012023-10-3110417295ns10:Director12022-11-012023-10-3110417295ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3110417295ns10:SmallEntities2022-11-012023-10-3110417295ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3110417295ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3110417295ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3110417295ns10:FullAccounts2022-11-012023-10-3110417295ns10:RegisteredOffice2022-11-012023-10-3110417295ns5:CurrentFinancialInstruments2023-10-3110417295ns5:CurrentFinancialInstruments2022-10-3110417295ns5:ShareCapital2023-10-3110417295ns5:ShareCapital2022-10-3110417295ns5:RetainedEarningsAccumulatedLosses2023-10-3110417295ns5:RetainedEarningsAccumulatedLosses2022-10-3110417295ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3110417295ns5:WithinOneYearns5:CurrentFinancialInstruments2022-10-311041729512022-11-012023-10-31
REGISTERED NUMBER: 10417295 (England and Wales)









Waggon & Horses (Management) Limited

Financial Statements

for the Year Ended 31 October 2023






Waggon & Horses (Management) Limited (Registered number: 10417295)






Contents of the Financial Statements
for the year ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Waggon & Horses (Management) Limited

Company Information
for the year ended 31 October 2023







DIRECTOR: Mrs W Snowden





REGISTERED OFFICE: Beechfield House
Aberford Road
Stanley
Wakefield
West Yorkshire
WF3 4AG





REGISTERED NUMBER: 10417295 (England and Wales)

Waggon & Horses (Management) Limited (Registered number: 10417295)

Statement of Financial Position
31 October 2023

31/10/23 31/10/22
Notes £    £   
CURRENT ASSETS
Debtors 4 45,055 33,819
Cash at bank 2,944 2,347
47,999 36,166
CREDITORS
Amounts falling due within one year 5 103,290 91,169
NET CURRENT LIABILITIES (55,291 ) (55,003 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(55,291

)

(55,003

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (55,292 ) (55,004 )
SHAREHOLDERS' FUNDS (55,291 ) (55,003 )

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

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

The director acknowledges her 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.

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 director and authorised for issue on 31 October 2024 and were signed by:





Mrs W Snowden - Director


Waggon & Horses (Management) Limited (Registered number: 10417295)

Notes to the Financial Statements
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Waggon & Horses (Management) 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.

The accounts have been prepared on a going concern basis as creditors who were owed £97,395 at 31 October 2023 have agreed to continue to support the company by not requiring repayment until all other creditors have been discharged.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Other debtors 45,055 33,819

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Taxation and social security 4,661 2,714
Other creditors 98,629 88,455
103,290 91,169

Waggon & Horses (Management) Limited (Registered number: 10417295)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

6. POST BALANCE SHEET EVENTS

The Coronavirus pandemic has caused severe disruption to world trade. In accordance with Government instructions the public house operated by the company went into lockdown at close of business in March 2020.

The Public House remained closed until the informal lease was terminated in April 2021. The company continues to search for profitable trading opportunities in order to re-commence operations.

The substantial financial Government assistance received and continued support of creditors has ensured that the company is not affected such that the ability to operate as a going concern is a consideration at this stage.