Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01No description of principal activity2false2falsetrue 09409556 2023-04-01 2024-03-31 09409556 2022-04-01 2023-03-31 09409556 2024-03-31 09409556 2023-03-31 09409556 c:Director1 2023-04-01 2024-03-31 09409556 c:Director2 2023-04-01 2024-03-31 09409556 c:RegisteredOffice 2023-04-01 2024-03-31 09409556 d:Buildings 2023-04-01 2024-03-31 09409556 d:Buildings 2024-03-31 09409556 d:Buildings 2023-03-31 09409556 d:CurrentFinancialInstruments 2024-03-31 09409556 d:CurrentFinancialInstruments 2023-03-31 09409556 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09409556 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09409556 d:ShareCapital 2024-03-31 09409556 d:ShareCapital 2023-03-31 09409556 d:RetainedEarningsAccumulatedLosses 2024-03-31 09409556 d:RetainedEarningsAccumulatedLosses 2023-03-31 09409556 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09409556 c:OrdinaryShareClass1 2024-03-31 09409556 c:OrdinaryShareClass1 2023-03-31 09409556 c:FRS102 2023-04-01 2024-03-31 09409556 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09409556 c:FullAccounts 2023-04-01 2024-03-31 09409556 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09409556 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09409556










WELDON FARM (CORBY) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
WELDON FARM (CORBY) LIMITED
 

COMPANY INFORMATION


Directors
Mr K B Argo 
Mrs H M Argo 




Registered number
09409556



Registered office
30 Church Street

Weldon

Corby

NN17 3JY





 
WELDON FARM (CORBY) LIMITED
REGISTERED NUMBER: 09409556

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
49,533
49,533

  
49,533
49,533

  

Creditors: amounts falling due within one year
 5 
(48,424)
(48,074)

Net current liabilities
  
 
 
(48,424)
 
 
(48,074)

Total assets less current liabilities
  
1,109
1,459

  

Net assets
  
1,109
1,459


Capital and reserves
  

Called up share capital 
 6 
2
2

Profit and loss account
  
1,107
1,457

  
1,109
1,459


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 April 2024.




Mr K B Argo
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
WELDON FARM (CORBY) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Weldon Farm (Corby) Limited is a private company, limited by shares, incorporated in England with registration number 9409556. The registered office is 30 Church Street Weldon, Corby, Northamptonshire, NN17 3JY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2

 
WELDON FARM (CORBY) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
Not dpreciated

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 April 2023
49,533



At 31 March 2024

49,533






Net book value



At 31 March 2024
49,533

Page 3

 
WELDON FARM (CORBY) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
720
720

Other taxation and social security
-
342

Other creditors
47,704
47,012

48,424
48,074



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2


Page 4