Company registration number 13276192 (England and Wales)
WSE CASEWICK LANE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
WSE CASEWICK LANE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
WSE CASEWICK LANE LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
100
100
Creditors: amounts falling due within one year
3
(1,545)
(980)
Net current liabilities
(1,445)
(880)
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
(1,545)
(980)
Total equity
(1,445)
(880)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 20 March 2025 and are signed on its behalf by:
A L KERR
A L Kerr
Director
Company Registration No. 13276192
WSE CASEWICK LANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
- 2 -
1
Accounting policies
Company information
WSE Casewick Lane Limited is a private company limited by shares incorporated in England and Wales. The registered office is Barmoor Farm House, Barmoor, Morpeth, Northumberland, England, NE61 6LB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The company receives working capital support from another company under common control. The company's directors confirm this will continue, therefore they continue to adopt the going concern basis of preparing these financial statements.
1.3
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors. These are measured at amortised cost and are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
4
4
3
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
1,545
980
WSE CASEWICK LANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 3 -
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
10,000
-
100
-
Ordinary Shares of £1 each
-
100
-
100
10,000
100
100
100
During the year a share sub-division took place, the 100 Ordinary £1 shares were split into 10,000 Ordinary 1p shares
5
Related party transactions
Transactions with related parties
Included within other creditors are amounts due to a company under common control and directorship.