Company Registration No. 14060349 (England and Wales)
Wendover Development Limited
Unaudited accounts
for the year ended 31 December 2024
Wendover Development Limited
Unaudited accounts
Contents
Wendover Development Limited
Company Information
for the year ended 31 December 2024
Directors
G Chipperfield
S Sutton
Company Number
14060349 (England and Wales)
Registered Office
7 Hatton Street
London
NW8 8PL
England
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Wendover Development Limited
Statement of financial position
as at 31 December 2024
Tangible assets
83,137
130,010
Cash at bank and in hand
224,466
146,390
Creditors: amounts falling due within one year
(2,883,216)
(618,004)
Net current liabilities
(68,245)
(48,189)
Called up share capital
100
100
Profit and loss account
14,792
81,721
Shareholders' funds
14,892
81,821
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
S Sutton
Director
Company Registration No. 14060349
Wendover Development Limited
Notes to the Accounts
for the year ended 31 December 2024
Wendover Development Limited is a private company, limited by shares, registered in England and Wales, registration number 14060349. The registered office is 7 Hatton Street, London, NW8 8PL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing value
Computer equipment
20% on reducing value
Investments in shares are included at fair value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Wendover Development Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
128,189
1,991
130,180
Additions
100,000
2,114
102,114
Disposals
(128,189)
-
(128,189)
At 31 December 2024
100,000
4,105
104,105
At 1 January 2024
-
170
170
Charge for the year
20,000
798
20,798
At 31 December 2024
20,000
968
20,968
At 31 December 2024
80,000
3,137
83,137
At 31 December 2023
128,189
1,821
130,010
Amounts falling due within one year
Amounts due from group undertakings etc.
3,267
3,325
Accrued income and prepayments
120,000
-
Other debtors
1,949,888
420,100
6
Investments held as current assets
2024
2023
Unlisted investments
517,350
-
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
757
21,326
Taxes and social security
25,162
21,630
Other creditors
2,823,053
569,993
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).