Registered number
06245093
WYV Properties Limited
Filleted Accounts
31 May 2024
WYV Properties Limited Registered number
Balance Sheet 06245093
as at 31 May 2024
Notes 2024 2023
£ £
Current assets
Stocks 563,384 551,906
Debtors 3 197,465 103,921
Cash at bank and in hand 122 1,508
760,971 657,335
Creditors: amounts falling due within one year 4 (136,332) (104,839)
Net current assets 624,639 552,496
Total assets less current liabilities 624,639 552,496
Creditors: amounts falling due after more than one year 5 (29,167) (34,723)
Net assets 595,472 517,773
Capital and reserves
Called up share capital 2 2
Profit and loss account 595,470 517,771
Shareholders' funds 595,472 517,773
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P A L Smith
Director
Approved by the board on 27 August 2025
WYV Properties Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard.
Turnover
Turnover represents commission, fee and other income receivable.
Stocks
Stock is valued at the lower of cost and net realisable value.
2 Employees 2024 2023
Number Number
Average number of employees and company officers 1 1
3 Debtors 2024 2023
£ £
Other debtors 197,465 103,921
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loan 5,555 5,555
Corporation tax 118,409 92,509
Other creditors 12,368 6,775
136,332 104,839
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loan 29,167 34,723
6 Bank loan 2024 2023
£ £
The bank loan includes:
Instalments falling due after more than five years 6,945 12,500
7 Controlling party
Mr P A L Smith exercises significant control over the company.
8 Other information
WYV Properties Limited is a private company limited by shares and incorporated in England. Its registered office is 6 Crown Street, Brentwood, Essex CM14 4BA.
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