0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-02-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP NI604134 2024-02-01 2025-01-31 NI604134 2025-01-31 NI604134 2024-01-31 NI604134 2023-02-01 2024-01-31 NI604134 2024-01-31 NI604134 2023-01-31 NI604134 core:WithinOneYear 2025-01-31 NI604134 core:WithinOneYear 2024-01-31 NI604134 core:ShareCapital 2025-01-31 NI604134 core:ShareCapital 2024-01-31 NI604134 core:RetainedEarningsAccumulatedLosses 2025-01-31 NI604134 core:RetainedEarningsAccumulatedLosses 2024-01-31 NI604134 bus:Director1 2024-02-01 2025-01-31 NI604134 bus:SmallEntities 2024-02-01 2025-01-31 NI604134 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 NI604134 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI604134 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI604134 bus:FullAccounts 2024-02-01 2025-01-31 NI604134 core:OtherRelatedParties 2024-02-01 2025-01-31
COMPANY REGISTRATION NUMBER: NI604134
Winsley Enterprises Limited
Filleted Unaudited Financial Statements
31 January 2025
Winsley Enterprises Limited
Financial Statements
Year ended 31 January 2025
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Winsley Enterprises Limited
Statement of Financial Position
31 January 2025
2025
2024
Note
£
£
£
Current assets
Cash at bank and in hand
96
174
Creditors: amounts falling due within one year
4
116
49
----
----
Net current (liabilities)/assets
( 20)
125
----
----
Total assets less current liabilities
( 20)
125
----
----
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 120)
25
----
----
Shareholders (deficit)/funds
( 20)
125
----
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 5 March 2025 , and are signed on behalf of the board by:
Mr K Byrne Director
Company registration number: NI604134
Winsley Enterprises Limited
Notes to the Financial Statements
Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 43 Lockview Road, Belfast, BT9 5FJ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
No significant judgements have had to be made by the directors in preparing these financial statements.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
116
49
----
----
5. Related party transactions
Included in Note 5 are amounts due to related undertaking (by virtue of common control and directors) at 31st January 2025 as follows:
20252024
££
Drumcastle Limited674
--------
There were no other transactions with related parties such as are required to be disclosed under FRS 102 Section 1A.
6. Control
At the Statement of Financial Position date the directors consider Donard Capital Limited and Tawny Consultancy Limited to be the controlling parties.