IRIS Accounts Production v25.1.0.734 02015504 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020155042023-07-31020155042024-07-31020155042023-08-012024-07-31020155042022-07-31020155042022-08-012023-07-31020155042023-07-3102015504ns15:EnglandWales2023-08-012024-07-3102015504ns14:PoundSterling2023-08-012024-07-3102015504ns10:Director12023-08-012024-07-3102015504ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3102015504ns10:SmallEntities2023-08-012024-07-3102015504ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3102015504ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3102015504ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3102015504ns10:FullAccounts2023-08-012024-07-3102015504ns10:Director32023-08-012024-07-3102015504ns10:Director42023-08-012024-07-3102015504ns10:RegisteredOffice2023-08-012024-07-3102015504ns5:CurrentFinancialInstruments2024-07-3102015504ns5:CurrentFinancialInstruments2023-07-3102015504ns5:ShareCapital2024-07-3102015504ns5:ShareCapital2023-07-3102015504ns5:SharePremium2024-07-3102015504ns5:SharePremium2023-07-3102015504ns5:RetainedEarningsAccumulatedLosses2024-07-3102015504ns5:RetainedEarningsAccumulatedLosses2023-07-3102015504ns5:LandBuildings2023-07-3102015504ns5:PlantMachinery2023-07-3102015504ns5:LandBuildings2023-08-012024-07-3102015504ns5:PlantMachinery2023-08-012024-07-3102015504ns5:LandBuildings2024-07-3102015504ns5:PlantMachinery2024-07-3102015504ns5:LandBuildings2023-07-3102015504ns5:PlantMachinery2023-07-3102015504ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3102015504ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 02015504 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

WATERFORD HOUSE LIMITED

WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WATERFORD HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Dr E Muir
F Franceschini
Ms J V Cheeseman





REGISTERED OFFICE: Stonemead House
95 London Road
Croydon
Surrey
CR0 2RF





REGISTERED NUMBER: 02015504 (England and Wales)





ACCOUNTANTS: Walter Wright
Chartered Accountants
89 High Street
Hadleigh
Ipswich
Suffolk
IP7 5EA

WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 40,856 41,357

CURRENT ASSETS
Debtors 5 20,066 20,772
Cash at bank 6 17,526 4,864
37,592 25,636
CREDITORS
Amounts falling due within one year 7 20,096 9,082
NET CURRENT ASSETS 17,496 16,554
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,352

57,911

CAPITAL AND RESERVES
Called up share capital 507 507
Share premium 51,055 51,055
Management account 6,790 6,349
SHAREHOLDERS' FUNDS 58,352 57,911

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





Dr E Muir - Director


WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Waterford House Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts contributed by lessees during the year for service charges, ground rent and major works.

Tangible fixed assets
Freehold land is not depreciated. The reversionary interest in the remaining freehold property is not considered to be material as it is subject to long leases for each flat so no depreciation is provided.

Depreciation is provided on plant and machinery at 25% reducing balance, in order to write off each asset over its estimated useful life.

Taxation
There is no liability to corporation tax as the company is treated as dormant by HM Revenue & Customs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 40,856 2,004 42,860
DEPRECIATION
At 1 August 2023 - 1,503 1,503
Charge for year - 501 501
At 31 July 2024 - 2,004 2,004
NET BOOK VALUE
At 31 July 2024 40,856 - 40,856
At 31 July 2023 40,856 501 41,357

WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. TANGIBLE FIXED ASSETS - continued

Land and buildings includes freehold land and the reversionary interest in the remaining property over which long leases have been granted for each flat. In the opinion of the directors, the market value of the freehold land and reversionary interest is not less than shown in the accounts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,795 2,823
Prepayments and accrued income - 792
Prepayments 17,271 17,157
20,066 20,772

6. CASH AT BANK

Cash at bank represents funds held by the company's managing agent in a general client account.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 17,996 6,982
Accrued expenses 2,100 2,100
20,096 9,082

8. ULTIMATE CONTROLLING PARTY

The company is under the joint control of the tenants occupying the managed property.