Wickersley Estates Limited |
Registered Number:03367889 |
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 29 February 2024
Wickersley Estates Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Wickersley Estates Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
930,453
930,776
2
930,453
930,776
Trade and other receivables |
1,045,211
1,028,362
31
Cash and cash equivalents |
3,201
1,031,563
1,045,242
Trade and other payables: amounts falling due within one year |
(121,135)
(114,321)
924,107
917,242
Net current assets
Total assets less current liabilities |
1,847,695
1,854,883
Trade and other payables: amounts falling due after more than one |
year |
(25,338)
(24,619)
1,823,076
Net assets
1,829,545
100
100
283,214
283,214
1,539,762
1,546,231
1,823,076
1,829,545
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 26 November 2024 and were signed by: |
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For the year ended 29 February 2024
Wickersley Estates Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 4
For the year ended 29 February 2024
Wickersley Estates Limited
Notes to the Financial Statements
Statutory Information
Wickersley Estates Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
03367889. |
12 Nightingale Court
Nightingale Close
Rotherham
S60 2AB
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Investment property
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified. |
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 29 February 2024
Wickersley Estates Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
931,099
969
930,130
930,130
969
931,099
Provision for depreciation and impairment |
323
323
-
Charge for year
323
323
-
646
646
-
930,130
323
930,453
930,130
646
930,776
3. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 2)
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