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
Warren Payne And Company Limited
Company Information
for the year ended 31 May 2024
Directors
Neil Pearce
Janice Colley
Company Number
01898208 (England and Wales)
Registered Office
65b Loxley Road
London
SW18 3LL
England
Accountants
Warwick McArdle
55 Ellerton Road
London
SW18 3NQ
Warren Payne And Company Limited
Statement of financial position
as at 31 May 2024
Investment property
1,957,988
1,957,988
Cash at bank and in hand
52,218
71,795
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
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
Warren Payne And Company Limited
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
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 is included at cost and are not subject to any depreciation charge.
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.
Fair value at 1 June 2023
1,957,988
Investment property included at cost.
Amounts falling due after more than one year
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
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).