Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-233No description of principal activitytruefalsetrue32023-09-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10316357 2023-09-01 2024-08-31 10316357 2022-09-01 2023-08-31 10316357 2024-08-31 10316357 2023-08-31 10316357 c:Director3 2023-09-01 2024-08-31 10316357 d:CurrentFinancialInstruments 2024-08-31 10316357 d:CurrentFinancialInstruments 2023-08-31 10316357 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 10316357 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10316357 d:ShareCapital 2024-08-31 10316357 d:ShareCapital 2023-08-31 10316357 d:RetainedEarningsAccumulatedLosses 2024-08-31 10316357 d:RetainedEarningsAccumulatedLosses 2023-08-31 10316357 c:FRS102 2023-09-01 2024-08-31 10316357 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10316357 c:FullAccounts 2023-09-01 2024-08-31 10316357 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10316357 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 10316357














WAITT BURGATE PARTNERSHIP LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024

 
WAITT BURGATE PARTNERSHIP LIMITED
REGISTERED NUMBER:10316357

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note

  

CURRENT ASSETS
  

Stocks
 4 
849,914
819,793

Debtors: amounts falling due within one year
 5 
52
-

Cash at bank and in hand
 6 
1,408
1,559

  
851,374
821,352

Creditors: amounts falling due within one year
 7 
(874,827)
(839,739)

NET CURRENT LIABILITIES
  
 
 
(23,453)
 
 
(18,387)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(23,453)
(18,387)

NET LIABILITIES
  
£(23,453)
£(18,387)


CAPITAL AND RESERVES
  

Called up share capital 
  
7,584
7,584

Profit and loss account
  
(31,037)
(25,971)

  
£(23,453)
£(18,387)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 May 2025.


___________________________
L J Waitt
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
WAITT BURGATE PARTNERSHIP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Waitt Burgate Partnership Limited is a private company limited by shares and is incorporated in England and Wales. The company number is 10316357 and the registered address is Henwood House, Henwood, Ashford, Kent, TN24 8DH. The principal place of business is 49 The Oaks, Invicta Way, Manston, Ramsgate, Kent CT12 5FN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Borrowing costs

Borrowing costs attributable to the acquisition, construction or production of property stock are capitalised in the year in which they are incurred.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 2

 
WAITT BURGATE PARTNERSHIP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Stocks

2024
2023

Work in progress (goods to be sold)
£849,914
£819,793


Borrowing costs attributable to the acquisition, construction or production of property stock are capitalised. Interest capitalised during the year was £25,892 (2023 - £31,449). 


5.


Debtors

2024
2023


Other debtors
52
-

£52
£-



6.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£1,408
£1,559



7.


Creditors: Amounts falling due within one year

2024
2023

Bank loans
500,000
500,000

Trade creditors
5,147
5,147

Other taxation and social security
-
538

Other creditors
359,656
328,945

Accruals and deferred income
10,024
5,109

£874,827
£839,739


Page 3