Company Registration No. 07220950 (England and Wales)
WEINLAND ESTATES LTD
Unaudited accounts
for the year ended 30 April 2024
WEINLAND ESTATES LTD
Unaudited accounts
Contents
WEINLAND ESTATES LTD
Company Information
for the year ended 30 April 2024
Company Number
07220950 (England and Wales)
Registered Office
89 RAVENSDALE ROAD
LONDON
N16 6TH
Accountants
Finer Accounting Ltd
36 Ravensdale Road
London
N16 6SH
WEINLAND ESTATES LTD
Statement of financial position
as at 30 April 2024
Investment property
624,360
624,360
Cash at bank and in hand
1,115
5,320
Creditors: amounts falling due within one year
(94,300)
(105,692)
Net current liabilities
(85,692)
(84,097)
Total assets less current liabilities
538,668
540,263
Creditors: amounts falling due after more than one year
(165,282)
(176,061)
Provisions for liabilities
Deferred tax
(34,580)
(34,580)
Net assets
338,806
329,622
Called up share capital
1
1
Revaluation reserve
185,420
185,420
Profit and loss account
153,385
144,201
Shareholders' funds
338,806
329,622
For the year ending 30 April 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 January 2025 and were signed on its behalf by
A Schlesinger
Director
Company Registration No. 07220950
WEINLAND ESTATES LTD
Notes to the Accounts
for the year ended 30 April 2024
WEINLAND ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 07220950. The registered office is 89 RAVENSDALE ROAD, LONDON, N16 6TH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Average number of employees
During the year the average number of employees was 1 (2023: 1).