Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30falsefalse2023-07-01Buying and selling of own real estate11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06948299 2023-07-01 2024-06-30 06948299 2022-07-01 2023-06-30 06948299 2024-06-30 06948299 2023-06-30 06948299 c:Director1 2023-07-01 2024-06-30 06948299 d:FurnitureFittings 2023-07-01 2024-06-30 06948299 d:FurnitureFittings 2024-06-30 06948299 d:FurnitureFittings 2023-06-30 06948299 d:OfficeEquipment 2023-07-01 2024-06-30 06948299 d:OfficeEquipment 2024-06-30 06948299 d:OfficeEquipment 2023-06-30 06948299 d:ComputerEquipment 2023-07-01 2024-06-30 06948299 d:ComputerEquipment 2024-06-30 06948299 d:ComputerEquipment 2023-06-30 06948299 d:CurrentFinancialInstruments 2024-06-30 06948299 d:CurrentFinancialInstruments 2023-06-30 06948299 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06948299 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06948299 d:ShareCapital 2024-06-30 06948299 d:ShareCapital 2023-06-30 06948299 d:RetainedEarningsAccumulatedLosses 2024-06-30 06948299 d:RetainedEarningsAccumulatedLosses 2023-06-30 06948299 c:FRS102 2023-07-01 2024-06-30 06948299 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06948299 c:FullAccounts 2023-07-01 2024-06-30 06948299 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06948299 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 06948299









WALBURY ESTATES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
WALBURY ESTATES LTD
REGISTERED NUMBER: 06948299

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
435,674
436,149

Cash at bank and in hand
 6 
1,385
16,134

  
437,059
452,283

Creditors: amounts falling due within one year
 7 
(941,517)
(877,305)

Net current liabilities
  
 
 
(504,458)
 
 
(425,022)

Total assets less current liabilities
  
(504,458)
(425,022)

  

Net liabilities
  
(504,458)
(425,022)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(504,460)
(425,024)

  
(504,458)
(425,022)


Page 1

 
WALBURY ESTATES LTD
REGISTERED NUMBER: 06948299
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The director considers 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 director acknowledges his 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 comprehensive income 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: 




K J Brunnberg
Director

Date: 27 June 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
WALBURY ESTATES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Walbury Estates Ltd is a private company limited by guarantee without share capital and is incorporated in England and Wales. The Registered Office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom.
The financial statements have been presented in Sterling, which is the functional currency of the
company.

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 prepared on the going concern basis. The company is dependent on the group companies and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 30 June 2024, the Company had net liabilities of £504,458. The shareholders and directors have indicated their present intention to provide adequate finance to enable the company to continue in operational existence.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholder, and accordingly the directors have continued to prepare the financial statements on the going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
WALBURY ESTATES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Office equipment
-
25%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised 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.

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
WALBURY ESTATES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
19,564
2,380
5,952
27,896



At 30 June 2024

19,564
2,380
5,952
27,896



Depreciation


At 1 July 2023
19,564
2,380
5,952
27,896



At 30 June 2024

19,564
2,380
5,952
27,896



Net book value



At 30 June 2024
-
-
-
-



At 30 June 2023
-
-
-
-


5.


Debtors

2024
2023
£
£


Trade debtors
2,177
2,178

Amounts owed by group undertakings
413,576
391,878

Other debtors
9,511
31,683

Prepayments and accrued income
10,410
10,410

435,674
436,149



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,385
16,134

1,385
16,134


Page 5

 
WALBURY ESTATES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
4,000

Amounts owed to group undertakings
713,682
644,732

Other taxation and social security
44,581
30,680

Other creditors
179,254
188,154

Accruals and deferred income
4,000
9,739

941,517
877,305


 
Page 6