Company Registration No. 12640433 (England and Wales)
WJS Property Developments Ltd
Unaudited accounts
for the year ended 30 June 2024
WJS Property Developments Ltd
Unaudited accounts
Contents
WJS Property Developments Ltd
Company Information
for the year ended 30 June 2024
Director
Winston John Southwell
Company Number
12640433 (England and Wales)
Registered Office
11 Derriman Glen
Sheffield
South Yorkshire
S11 9LQ
England
Accountants
HART SIMPSON
65 Ward Street
New Tupton
Chesterfield
Derbyshire
S42 6XR
WJS Property Developments Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
1,809,974
1,812,812
Cash at bank and in hand
4,007
7,722
Creditors: amounts falling due within one year
(236,357)
(244,482)
Net current liabilities
(232,350)
(236,760)
Total assets less current liabilities
1,577,624
1,576,052
Creditors: amounts falling due after more than one year
(1,224,629)
(1,181,629)
Net assets
352,995
394,423
Called up share capital
1
1
Profit and loss account
352,994
394,422
Shareholders' funds
352,995
394,423
For the year ending 30 June 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.
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 4 March 2025 and were signed on its behalf by
Winston John Southwell
Director
Company Registration No. 12640433
WJS Property Developments Ltd
Notes to the Accounts
for the year ended 30 June 2024
WJS Property Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 12640433. The registered office is 11 Derriman Glen, Sheffield, South Yorkshire, S11 9LQ, 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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2023
1,750,000
1,534
31,995
88,934
868
1,873,331
Additions
-
-
-
6,642
-
6,642
At 30 June 2024
1,750,000
1,534
31,995
95,576
868
1,879,973
At 1 July 2023
-
727
3,199
56,304
289
60,519
Charge for the year
-
121
4,319
4,895
145
9,480
At 30 June 2024
-
848
7,518
61,199
434
69,999
At 30 June 2024
1,750,000
686
24,477
34,377
434
1,809,974
At 30 June 2023
1,750,000
807
28,796
32,630
579
1,812,812
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
3,143
Trade creditors
2,826
2,488
Loans from directors
233,531
238,851
WJS Property Developments Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
945,576
945,576
Other creditors
279,053
236,053
7
Transactions with related parties
At the balance sheet date, an amount of £233,351 (2023 £238,8520) was owed by
the company to Mr W J Southwell, the Director. The loan was interest free and no repayment terms have been agreed at the balance sheet date.
At the balance sheet date, an amount of £277,063 (2023 £234,063) was owed by
the company to WHY Project Management Ltd, a company of which Mr W J Southwell, is also a Director. The loan was interest free and no repayment terms have been agreed at the balance sheet date.
At the balance sheet date, an amount of £1,990 (2023 £1,990) was owed by
the company to Ms L Birch. The loan was interest free and no repayment terms have been agreed at the balance sheet date.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).