Ward Investments Ltd 15290310 false 2023-11-16 2024-11-30 2024-11-30 The principal activity of the company is property ownership Digita Accounts Production Advanced 6.30.9574.0 true 15290310 2023-11-16 2024-11-30 15290310 2024-11-30 15290310 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 15290310 core:Non-currentFinancialInstruments 2024-11-30 15290310 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 15290310 core:LandBuildings 2024-11-30 15290310 bus:SmallEntities 2023-11-16 2024-11-30 15290310 bus:AuditExemptWithAccountantsReport 2023-11-16 2024-11-30 15290310 bus:FilletedAccounts 2023-11-16 2024-11-30 15290310 bus:SmallCompaniesRegimeForAccounts 2023-11-16 2024-11-30 15290310 bus:RegisteredOffice 2023-11-16 2024-11-30 15290310 bus:Director1 2023-11-16 2024-11-30 15290310 bus:PrivateLimitedCompanyLtd 2023-11-16 2024-11-30 15290310 bus:Agent1 2023-11-16 2024-11-30 15290310 core:LandBuildings 2023-11-16 2024-11-30 15290310 countries:EnglandWales 2023-11-16 2024-11-30 iso4217:GBP xbrli:pure

Registration number: 15290310

Ward Investments Ltd

Unaudited Filleted Financial Statements

for the Period from 16 November 2023 to 30 November 2024

 

Ward Investments Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Ward Investments Ltd

Company Information

Director

Mr Giles Richard Ward

Registered office

27 Kingscote Road
London
W4 5LJ

Accountants

Matthews Hanton Limited
Chartered Certified Accountants93 Aldwick Road
Bognor Regis
West Sussex
PO21 2NW

 

Ward Investments Ltd

(Registration number: 15290310)
Balance Sheet as at 30 November 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

527,066

Current assets

 

Cash at bank and in hand

 

11,364

Creditors: Amounts falling due within one year

6

(1,270)

Net current assets

 

10,094

Total assets less current liabilities

 

537,160

Creditors: Amounts falling due after more than one year

6

(544,200)

Net liabilities

 

(7,040)

Capital and reserves

 

Called up share capital

7

400

Retained earnings

(7,440)

Shareholders' deficit

 

(7,040)

For the financial period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 April 2025
 

.........................................
Mr Giles Richard Ward
Director

 

Ward Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 16 November 2023 to 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
27 Kingscote Road
London
W4 5LJ
England

These financial statements were authorised for issue by the director on 30 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Ward Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 16 November 2023 to 30 November 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

527,066

527,066

At 30 November 2024

527,066

527,066

Depreciation

Carrying amount

At 30 November 2024

527,066

527,066

Included within the net book value of land and buildings above is £527,066 in respect of freehold land and buildings.
 

 

Ward Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 16 November 2023 to 30 November 2024

5

Debtors

Current

2024
£

 

-

6

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

1,271

Other creditors

(1)

1,270

Creditors: amounts falling due after more than one year

Note

2024
£

Due after one year

 

Loans and borrowings

8

544,200

7

Share capital

8

Loans and borrowings

Non-current loans and borrowings

2024
£

Other borrowings

544,200