Warners Retail Limited 11295395 true 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of a dormant company Digita Accounts Production Advanced 6.30.9574.0 true G D Warner M A Warner G D Warner false 11295395 2023-10-01 2024-09-30 11295395 2024-09-30 11295395 bus:OrdinaryShareClass1 2024-09-30 11295395 core:ShareCapital 2024-09-30 11295395 core:CurrentFinancialInstruments 2024-09-30 11295395 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 11295395 bus:FRS102 2023-10-01 2024-09-30 11295395 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11295395 bus:FullAccounts 2023-10-01 2024-09-30 11295395 bus:RegisteredOffice 2023-10-01 2024-09-30 11295395 bus:CompanySecretary1 2023-10-01 2024-09-30 11295395 bus:Director2 2023-10-01 2024-09-30 11295395 bus:Director3 2023-10-01 2024-09-30 11295395 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 11295395 bus:EntityHasNeverTraded 2023-10-01 2024-09-30 11295395 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11295395 countries:EnglandWales 2023-10-01 2024-09-30 11295395 2022-10-01 2023-09-30 11295395 2023-09-30 11295395 bus:OrdinaryShareClass1 2023-09-30 11295395 core:ShareCapital 2023-09-30 11295395 core:CurrentFinancialInstruments 2023-09-30 11295395 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11295395

Warners Retail Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Warners Retail Limited

Profit and Loss Account for the Year Ended 30 September 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Warners Retail Limited

(Registration number: 11295395)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

1

1

Capital and reserves

 

Called up share capital

5

1

1

Shareholders' funds

 

1

1

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

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

The directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 26 April 2025 and signed on its behalf by:
 


G D Warner
Director

 

Warners Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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:
Eastern Avenue
Gloucester
Gloucestershire
GL4 3BS

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

The company is dormant as defined in section 365 of the Companies Act 2014.

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

Going concern

The company is considered to be dormant at the year end date.

Judgements

No significant judgements have been made by management in preparing these financial statements.

Key sources of estimation uncertainty

No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies.

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.

 

Warners Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

 Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss as described below.

A non financial asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

The recoverable amount of goodwill is derived from measurement of the present value of the future cash flows of the cash-generating units ('CGUs') of which the goodwill is a part. Any impairment loss in respect of a CGU is allocated first to the goodwill attached to that CGU, and then to other assets within that CGU on a pro-rata basis.

Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised. Where a reversal of impairment occurs in respect of a CGU, the reversal is applied first to the assets (other than goodwill) of the CGU on a pro-rata basis and then to any goodwill allocated to that CGU.

For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Debtors

2024
£

2023
£

Other debtors

1

1

1

1

 

Warners Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1