Waverley Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09430047

Waverley Limited

Filleted Unaudited Financial Statements

30 June 2026

Waverley Limited

Financial Statements

Period from 1 January 2025 to 30 June 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Waverley Limited

Statement of Financial Position

30 June 2026

	30 Jun 26		31 Dec 24
Note	£	£	£	£

Fixed assets

Tangible assets	5		–		3,736

Current assets

Debtors	6	10,983	–
Cash at bank and in hand		221,012	286,726
		---------	---------
		231,995	286,726

Creditors: amounts falling due within one year	7	1,020		73,939
		---------		---------
Net current assets			230,975		212,787
			---------		---------
Total assets less current liabilities			230,975		216,523
			---------		---------
Net assets			230,975		216,523
			---------		---------

Capital and reserves

Called up share capital	8	1	1
Profit and loss account		230,974	216,522
		---------	---------
Shareholders funds		230,975	216,523
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Waverley Limited

Statement of Financial Position (continued)

30 June 2026

These financial statements were approved by the board of directors and authorised for issue on 7 September 2026 , and are signed on behalf of the board by:

Mr A C Parsell

Director

Company registration number: 09430047

Waverley Limited

Notes to the Financial Statements

Period from 1 January 2025 to 30 June 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW. The company ceased trading 30 June 2026.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rental income, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% reducing balance
Office equipment	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost
At 1 January 2025	204	8,002	8,206
Disposals	( 204)	( 8,002)	( 8,206)
	----	-------	-------
At 30 June 2026	–	–	–
	----	-------	-------
Depreciation
At 1 January 2025	140	4,330	4,470
Disposals	( 140)	( 4,330)	( 4,470)
	----	-------	-------
At 30 June 2026	–	–	–
	----	-------	-------
Carrying amount
At 30 June 2026	–	–	–
	----	-------	-------
At 31 December 2024	64	3,672	3,736
	----	-------	-------

6. Debtors

	30 Jun 26	31 Dec 24
	£	£
Directors loan account	10,983	–
	--------	----

7. Creditors: amounts falling due within one year

	30 Jun 26	31 Dec 24
	£	£
Accruals and deferred income	1,020	1,800
Director loan accounts	–	72,139
	-------	--------
	1,020	73,939
	-------	--------

8. Called up share capital

Issued, called up and fully paid

	30 Jun 26		31 Dec 24
	No.	£	No.	£
Ordinary shares of £ 0.01 each	100	1	100	1
	----	----	----	----

9. Directors' advances, credits and guarantees

At the period end the directors owed the company £10,983 (2024 - £72,139 creditor) which is shown amongst debtors. The maximum amount outstanding during the period was £10,983. No interest has been charged on this loan.