Acorah Software Products - Accounts Production 15.0.600 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 06517874 Mrs Kerry Margaret Ennis Mr Robert Charles Tooke Adrem Accounting ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06517874 2023-02-28 06517874 2024-02-29 06517874 2023-03-01 2024-02-29 06517874 frs-core:CurrentFinancialInstruments 2024-02-29 06517874 frs-core:FurnitureFittings 2024-02-29 06517874 frs-core:FurnitureFittings 2023-03-01 2024-02-29 06517874 frs-core:FurnitureFittings 2023-02-28 06517874 frs-core:ShareCapital 2024-02-29 06517874 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 06517874 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06517874 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 06517874 frs-bus:SmallEntities 2023-03-01 2024-02-29 06517874 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 06517874 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 06517874 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-29 06517874 frs-bus:OrdinaryShareClass1 2024-02-29 06517874 frs-bus:Director1 2023-03-01 2024-02-29 06517874 frs-bus:Director2 2023-03-01 2024-02-29 06517874 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 06517874 frs-countries:EnglandWales 2023-03-01 2024-02-29 06517874 2022-02-28 06517874 2023-02-28 06517874 2022-03-01 2023-02-28 06517874 frs-core:CurrentFinancialInstruments 2023-02-28 06517874 frs-core:ShareCapital 2023-02-28 06517874 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 06517874 frs-bus:OrdinaryShareClass1 2022-03-01 2023-02-28
Registered number: 06517874
Wykeham Villas Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Adrem Accounting ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06517874
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,827 2,611
Investment Properties 5 232,775 232,775
235,602 235,386
Creditors: Amounts Falling Due Within One Year 6 (421,456 ) (405,497 )
NET CURRENT ASSETS (LIABILITIES) (421,456 ) (405,497 )
TOTAL ASSETS LESS CURRENT LIABILITIES (185,854 ) (170,111 )
NET LIABILITIES (185,854 ) (170,111 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (185,856 ) (170,113 )
SHAREHOLDERS' FUNDS (185,854) (170,111)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Kerry Margaret Ennis
Director
22/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Wykeham Villas Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06517874 . The registered office is Wincham House, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis. The company has net liabilities; however the directors, having made appropriate enquiries, and with the continued support of the shareholders the directors believe the company has the ability to meet its liabilities as they fall due. For this reason the accounts have been prepared on a going concern basis.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 4
2 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 March 2023 3,406
Additions 928
As at 29 February 2024 4,334
Depreciation
As at 1 March 2023 795
Provided during the period 712
As at 29 February 2024 1,507
Net Book Value
As at 29 February 2024 2,827
As at 1 March 2023 2,611
Page 2
Page 3
5. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 29 February 2024 232,775
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 693 669
Directors' loan accounts 420,763 404,828
421,456 405,497
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.000 each 2 2
Page 3