Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-31 2024-08-31 false false 2023-09-01 3 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14430576 2023-09-01 2024-08-31 14430576 2022-09-01 2023-08-31 14430576 2024-08-31 14430576 2023-08-31 14430576 c:Director3 2023-09-01 2024-08-31 14430576 d:CurrentFinancialInstruments 2024-08-31 14430576 d:CurrentFinancialInstruments 2023-08-31 14430576 d:Non-currentFinancialInstruments 2024-08-31 14430576 d:Non-currentFinancialInstruments 2023-08-31 14430576 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 14430576 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 14430576 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 14430576 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 14430576 d:ShareCapital 2024-08-31 14430576 d:ShareCapital 2023-08-31 14430576 d:RetainedEarningsAccumulatedLosses 2024-08-31 14430576 d:RetainedEarningsAccumulatedLosses 2023-08-31 14430576 c:FRS102 2023-09-01 2024-08-31 14430576 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 14430576 c:FullAccounts 2023-09-01 2024-08-31 14430576 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14430576 2 2023-09-01 2024-08-31 14430576 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 14430576 WINDMILL HOMES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 AUGUST 2024
WINDMILL HOMES LIMITED CONTENTS
| Page
Balance sheet | 1 - 2
Notes to the financial statements | 3 - 6
WINDMILL HOMES LIMITED REGISTERED NUMBER: 14430576 BALANCE SHEET AS AT 31 AUGUST 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks |  | 579,988 |  | - |
Debtors: amounts falling due within one year | 5 | 4,402 |  | 100 |
Cash at bank and in hand | 6 | 6,572 |  | - |
|  | 590,962 |  | 100 |
Creditors: amounts falling due within one year | 7 | (60,056) |  | - |
Net current assets |  |  | 530,906 |  | 100
Total assets less current liabilities |  |  | 530,906 |  | 100
Creditors: amounts falling due after more than one year |  |  | (536,493) |  | -
Net (liabilities)/assets |  |  | (5,587) |  | 100
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | (5,687) |  | -
|  |  | (5,587) |  | 100
Page 1
WINDMILL HOMES LIMITED REGISTERED NUMBER: 14430576 BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2024 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 profit and loss account 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 by:
R Flook
Director
Date: 18 June 2025
The notes on pages 3 to 6 form part of these financial statements. Page 2
WINDMILL HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
1. | General information
The company is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW. Registration number: 14430576. 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 | Going concern
The financial statements have been preapred on a going concern basis based on the continued support of the company's creditors and financiers which, in the opinion of the directors , the company has for the forseeable future.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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 comprises expenditure incurred directly in developing the stocks to their current condition. 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.
| 2.5 | 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.
| 2.6 | 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. Page 3
WINDMILL HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due within the operating cycle fall into this category of financial instruments. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Page 4
WINDMILL HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 2.Accounting policies (continued)
| 2.8 | Financial instruments (continued)
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2023 - 3).
4. | Stocks
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Stock | 579,988 | -
| Included within stocks at 31 August 2024 are capialised borrowing costs of £41,929 (2023: £Nil).
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 1,402 | -
| Called up share capital not paid | 100 | 100
| Prepayments and accrued income | 2,900 | -
|  | 4,402 | 100
Page 5
WINDMILL HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
6. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 6,572 | -
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 1,036 | -
| Amounts owed to related companies | 57,519 | -
| Accruals and deferred income | 1,501 | -
|  | 60,056 | -
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed to related companies | 536,493 | -
| Creditors due within one year and due after one year include a loan to the value of £312,597 (2023: £Nil) which is secured by way of a fixed and floating charge over the freehold property at 67 Windmill Lane, Chesnut, EN8 9AS.
9. | Related party transactions
| Included within creditors due within one year is £2,084 (2023: £Nil) due to a company under common control. This is interest free and repayable on demand Included within creditors due within one year is £55,436 (2023: £Nil) due to companies under common control. This is not interest free, with interest rates between 7-7.25%. Included within creditors due after one year is £536,493 (2023: £Nil) due from companies under common control. This is not interest free, with interest rates between 7-7.25%.
Page 6