1 June 2023 false No description of principal activity Taxfiler 2024.6 01898208business:PrivateLimitedCompanyLtd2023-06-012024-05-31 018982082023-05-31 018982082023-06-012024-05-31 01898208business:AuditExemptWithAccountantsReport2023-06-012024-05-31 01898208business:FilletedAccounts2023-06-012024-05-31 018982082024-05-31 01898208business:Director12023-06-012024-05-31 01898208business:Director22023-06-012024-05-31 01898208business:CompanySecretary12023-06-012024-05-31 01898208business:RegisteredOffice2023-06-012024-05-31 018982082023-05-31 01898208core:WithinOneYear2024-05-31 01898208core:WithinOneYear2023-05-31 01898208core:AfterOneYear2024-05-31 01898208core:AfterOneYear2023-05-31 01898208core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 01898208core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 01898208core:SharePremiumcore:PreviouslyStatedAmount2024-05-31 01898208core:SharePremiumcore:PreviouslyStatedAmount2023-05-31 01898208core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 01898208core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 01898208core:PreviouslyStatedAmount2024-05-31 01898208core:PreviouslyStatedAmount2023-05-31 01898208business:SmallEntities2023-06-012024-05-31 01898208countries:EnglandWales2023-06-012024-05-31 018982082022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 01898208 (England and Wales)
Warren Payne And Company Limited Unaudited accounts for the year ended 31 May 2024
Warren Payne And Company Limited Unaudited accounts Contents
Page
- 2 -
Warren Payne And Company Limited Company Information for the year ended 31 May 2024
Directors
Neil Pearce Janice Colley
Secretary
Neil Pearce
Company Number
01898208 (England and Wales)
Registered Office
65b Loxley Road London SW18 3LL England
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
- 3 -
Warren Payne And Company Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,957,988 
1,957,988 
Current assets
Debtors
- 
7,650 
Cash at bank and in hand
52,218 
71,795 
52,218 
79,445 
Creditors: amounts falling due within one year
(11,625)
(23,233)
Net current assets
40,593 
56,212 
Total assets less current liabilities
1,998,581 
2,014,200 
Creditors: amounts falling due after more than one year
(305,400)
(305,400)
Net assets
1,693,181 
1,708,800 
Capital and reserves
Called up share capital
6,500 
6,500 
Share premium
1,518,500 
1,518,500 
Profit and loss account
168,181 
183,800 
Shareholders' funds
1,693,181 
1,708,800 
For the year ending 31 May 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 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 of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by
Neil Pearce Director Company Registration No. 01898208
- 4 -
Warren Payne And Company Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Warren Payne And Company Limited is a private company, limited by shares, registered in England and Wales, registration number 01898208. The registered office is 65b Loxley Road, London, SW18 3LL, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at cost and are not subject to any depreciation charge.
Charges
On 20 May 2019 a fixed and floating charge was registered at Companies House, including a negative pledge, entitled to Barclays Security Trustee Limited. On 22 July 2019 a further fixed charge was registered at Companies House, also including a negative pledge, also to Barclays Secruity Trustee Limited.
4
Investment property
2024 
£ 
Fair value at 1 June 2023
1,957,988 
At 31 May 2024
1,957,988 
Investment property included at cost.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
- 
7,650 
- 5 -
Warren Payne And Company Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
6,188 
17,745 
Other creditors
3,575 
3,575 
Loans from directors
462 
513 
Accruals
1,400 
1,400 
11,625 
23,233 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
305,400 
305,400 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -