Waters Edge Deva Limited 12207566 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is property rental. Digita Accounts Production Advanced 6.30.9574.0 true true 12207566 2023-10-01 2024-09-30 12207566 2024-09-30 12207566 core:RetainedEarningsAccumulatedLosses 2024-09-30 12207566 core:ShareCapital 2024-09-30 12207566 core:CurrentFinancialInstruments 2024-09-30 12207566 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 12207566 core:FurnitureFittingsToolsEquipment 2024-09-30 12207566 bus:SmallEntities 2023-10-01 2024-09-30 12207566 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12207566 bus:FullAccounts 2023-10-01 2024-09-30 12207566 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12207566 bus:RegisteredOffice 2023-10-01 2024-09-30 12207566 bus:Director1 2023-10-01 2024-09-30 12207566 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12207566 core:FurnitureFittings 2023-10-01 2024-09-30 12207566 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 12207566 countries:EnglandWales 2023-10-01 2024-09-30 12207566 2023-09-30 12207566 2022-10-01 2023-09-30 12207566 2023-09-30 12207566 core:RetainedEarningsAccumulatedLosses 2023-09-30 12207566 core:ShareCapital 2023-09-30 12207566 core:CurrentFinancialInstruments 2023-09-30 12207566 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 12207566

Waters Edge Deva Limited

Annual Report and Unaudited Financial Statements

For The Year Ended 30 September 2024

 

Waters Edge Deva Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Waters Edge Deva Limited

(Registration number: 12207566)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

           

Fixed assets

   

 

Tangible assets

4

 

11,250

 

-

Investment property

5

 

640,892

 

348,775

   

652,142

 

348,775

Current assets

   

 

Debtors

6

2,271

 

2,259

 

Cash at bank and in hand

 

83,174

 

385,792

 

 

85,445

 

388,051

 

Creditors: Amounts falling due within one year

7

(706,200)

 

(708,213)

 

Net current liabilities

   

(620,755)

 

(320,162)

Net assets

   

31,387

 

28,613

Capital and reserves

   

 

Called up share capital

10

 

10

 

Profit and loss account

31,377

 

28,603

 

Total equity

   

31,387

 

28,613

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 25 November 2024
 

.........................................
Miss C. Sturgeon
Director

 

Waters Edge Deva Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
11 Fusion Court
Aberford Road
Garforth
LS25 2GH

These financial statements were authorised for issue by the director on 25 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of rental income from leased properties. The income is recognised as it falls due, in accordance with the lease to which it relates.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Waters Edge Deva Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable property. Changes in fair value are recognised in profit or loss.

Share capital

Ordinary shares are classified as equity.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

15,000

15,000

At 30 September 2024

15,000

15,000

Depreciation

Charge for the year

3,750

3,750

At 30 September 2024

3,750

3,750

Carrying amount

At 30 September 2024

11,250

11,250

5

Investment properties

2024
£

At 1 October

348,775

Additions

292,117

At 30 September

640,892

 

Waters Edge Deva Limited

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2024

6

Debtors

Current

2024
£

2023
£

Prepayments

1,599

1,599

Other debtors

672

660

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

-

2,313

Other creditors

706,200

705,900

706,200

708,213