NEW WAVERLEY 20 LIMITED

Company Registration Number:
SC551285 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

NEW WAVERLEY 20 LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NEW WAVERLEY 20 LIMITED

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The Company held development land in Edinburgh. On 17 October 2017 the land was sold to the purchaser, via a Forward Funding Agreement. The Company developed an office for the purchaser under the Forward Funding Agreement. Practical completion was achieved on 21 May 2019. The Company has no employees.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Andrea Cassidy
David Sherwin


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 November 2024

And signed on behalf of the board by:
Name: Andrea Cassidy
Status: Director

NEW WAVERLEY 20 LIMITED

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 5,395 ) 3,402
Other operating income: 0 39
Operating profit(or loss): (5,395) 3,441
Interest receivable and similar income: 5,018
Profit(or loss) before tax: (5,395) 8,459
Tax: 287,488
Profit(or loss) for the financial year: (5,395) 295,947

NEW WAVERLEY 20 LIMITED

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 375
Cash at bank and in hand: 39,270 44,290
Total current assets: 39,270 44,665
Net current assets (liabilities): 39,270 44,665
Total assets less current liabilities: 39,270 44,665
Total net assets (liabilities): 39,270 44,665
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 39,170 44,565
Total Shareholders' funds: 39,270 44,665

The notes form part of these financial statements

NEW WAVERLEY 20 LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 26 November 2024
and signed on behalf of the board by:

Name: Andrea Cassidy
Status: Director

The notes form part of these financial statements

NEW WAVERLEY 20 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Other accounting policies

    Tax income tax for the period comprises current and deferred tax. Income tax is recognised in profit or loss except to the extent that it relates to items recognised directly in other comprehensive income or equity, in which case it is recognised in other comprehensive income or equity. Current tax Current tax comprises the expected tax payable or receivable on the taxable income or loss for the reporting period plus / minus any adjustments to the tax payable or receivable in respect of previous years. It is measured using enacted or substantively enacted tax rates at the reporting date. Corporate expenses Corporate expenses include general administration expense, audit fees and group recharges etc. They are recognised in profit or loss in the period in which they are incurred. Financial instruments Financial instruments are recognised when the Company becomes party to the contractual terms of the instrument. They are initially recognised at fair value plus any directly attributable transaction costs.

NEW WAVERLEY 20 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

NEW WAVERLEY 20 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Trade debtors 374
Other debtors 1
Total   375
Debtors due after more than one year: 0 0