Registered number
12835757
Winser Property & Investments Ltd
Filleted Accounts
31 August 2024
Winser Property & Investments Ltd
Registered number: 12835757
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 164,985 164,985
Current assets
Cash at bank and in hand 4,191 3,372
Creditors: amounts falling due within one year 4 (46,909) (46,956)
Net current liabilities (42,718) (43,584)
Total assets less current liabilities 122,267 121,401
Creditors: amounts falling due after more than one year 5 (120,487) (120,483)
Net assets 1,780 918
Capital and reserves
Called up share capital 3 3
Profit and loss account 1,777 915
Shareholders' funds 1,780 918
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mark Winser
Director
Approved by the board on 23 April 2025
Winser Property & Investments Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 September 2023 164,985
At 31 August 2024 164,985
Depreciation
At 31 August 2024 -
Net book value
At 31 August 2024 164,985
At 31 August 2023 164,985
Freehold land and buildings: 2024 2023
£ £
Historical cost 164,985 -
Cumulative depreciation based on historical cost - -
164,985 -
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 202 127
Other creditors 46,707 46,829
46,909 46,956
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 120,487 120,483
6 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 120,484 -
Fixed charge on the mortgage of 280 Pant Bryn Isaf
7 Other information
Winser Property & Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
9 Maes Y Bryn
Bryn
Llanelli
Carmarthenshire
SA14 9RQ
Winser Property & Investments Ltd 12835757 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts April 2025 Mark Winser No description of principal activity 12835757 2022-09-01 2023-08-31 12835757 core:WithinOneYear 2023-08-31 12835757 core:AfterOneYear 2023-08-31 12835757 core:ShareCapital 2023-08-31 12835757 core:RetainedEarningsAccumulatedLosses 2023-08-31 12835757 2023-09-01 2024-08-31 12835757 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12835757 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12835757 bus:Director40 2023-09-01 2024-08-31 12835757 2 2023-09-01 2024-08-31 12835757 countries:England 2023-09-01 2024-08-31 12835757 bus:FRS102 2023-09-01 2024-08-31 12835757 bus:FilletedAccounts 2023-09-01 2024-08-31 12835757 2024-08-31 12835757 core:WithinOneYear 2024-08-31 12835757 core:AfterOneYear 2024-08-31 12835757 core:ShareCapital 2024-08-31 12835757 core:RetainedEarningsAccumulatedLosses 2024-08-31 12835757 core:LandBuildings 2024-08-31 12835757 2023-08-31 12835757 core:LandBuildings 2023-08-31 iso4217:GBP xbrli:pure