REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 September 2024 to 31 March 2025 |
for |
Wakefield Partners Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 September 2024 to 31 March 2025 |
for |
Wakefield Partners Limited |
Wakefield Partners Limited (Registered number: 08667053) |
Contents of the Financial Statements |
for the Period 1 September 2024 to 31 March 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Wakefield Partners Limited |
Company Information |
for the Period 1 September 2024 to 31 March 2025 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Old Stables |
Sutton Manor Farm |
Bishops Sutton |
Alresford |
Hampshire |
SO24 0AA |
Wakefield Partners Limited (Registered number: 08667053) |
Balance Sheet |
31 March 2025 |
2025 | 2024 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
Wakefield Partners Limited (Registered number: 08667053) |
Balance Sheet - continued |
31 March 2025 |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director and authorised for issue on |
Wakefield Partners Limited (Registered number: 08667053) |
Notes to the Financial Statements |
for the Period 1 September 2024 to 31 March 2025 |
1. | STATUTORY INFORMATION |
Wakefield Partners Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Fixed asset investments |
Fixed asset investments are recorded at historic cost and disclosed using the cost model. |
3. | EMPLOYEES |
The average number of employees during the period was NIL (2024 - NIL). |
Wakefield Partners Limited (Registered number: 08667053) |
Notes to the Financial Statements - continued |
for the Period 1 September 2024 to 31 March 2025 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 September 2024 |
and 31 March 2025 |
DEPRECIATION |
At 1 September 2024 |
Charge for period |
At 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 August 2024 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 September 2024 |
and 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 August 2024 |
The fixed asset investments are disclosed on the basis of the cost model. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade debtors |
VAT |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Corporation tax |
VAT | 690 | - |
Directors' current accounts | 27,920 | 32,418 |
Accrued expenses |
Wakefield Partners Limited (Registered number: 08667053) |
Notes to the Financial Statements - continued |
for the Period 1 September 2024 to 31 March 2025 |
8. | PROVISIONS FOR LIABILITIES |
2025 | 2024 |
£ | £ |
Deferred tax | 524 | 690 |
Deferred |
tax |
£ |
Balance at 1 September 2024 |
Accelerated capital allowances | (166 | ) |
Balance at 31 March 2025 |
9. | RELATED PARTY DISCLOSURES |
Mr E Wakefield |
Director |
At the balance sheet date the company owed the director £27,920 (2024 - £32,418). |