Registration number:
Denmark Ward Limited
for the Year Ended 31 March 2026
Denmark Ward Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Denmark Ward Limited
Company Information
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Directors |
A. M. Ward D. Ward |
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Registered office |
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Accountants |
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Denmark Ward Limited
(Registration number: 11131349)
Balance Sheet as at 31 March 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Tangible assets |
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Investment property |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
1,007,020 |
1,067,020 |
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Capital redemption reserve |
360,010 |
300,010 |
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Retained earnings |
758,865 |
817,653 |
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Shareholders' funds |
2,125,895 |
2,184,683 |
Denmark Ward Limited
(Registration number: 11131349)
Balance Sheet as at 31 March 2026
For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis. Management have considered future information and significant judgements and no material uncertainty exists.
Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.
Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight line basis over the term of the lease.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Office equipment |
25% straight line |
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Plant and machinery |
10% reducing balance |
Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
Investment property
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the
ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at
amortised cost using the effective interest method, less provision for impairment. A provision for the
impairment of trade debtors is established when there is objective evidence that the company will not
be able to collect all amounts due according to the original terms of the debtors.
Stocks
Stocks comprise work in progress which is stated at the lower of cost and estimated selling price less costs to complete and sell.
The cost of work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the developments to their present location and condition. At each reporting date, work in progress is assessed for impairment. If impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in the profit and loss account.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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Tangible assets |
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Office equipment |
Plant and machinery |
Total |
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Cost |
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At 1 April 2025 |
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At 31 March 2026 |
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Depreciation |
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At 1 April 2025 |
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Charge for the year |
- |
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At 31 March 2026 |
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Carrying amount |
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At 31 March 2026 |
- |
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At 31 March 2025 |
- |
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Investment properties |
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2026 |
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At 1 April 2025 |
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Fair value adjustments |
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At 31 March 2026 |
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Stocks |
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2026 |
2025 |
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Work in progress |
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Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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Debtors |
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Current |
2026 |
2025 |
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Trade debtors |
- |
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Prepayments |
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- |
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Other debtors |
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Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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Creditors |
Creditors: amounts falling due within one year
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2026 |
2025 |
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Due within one year |
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Trade creditors |
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Amounts due to related parties |
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Social security and other taxes |
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Accruals |
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Corporation tax |
10,396 |
165,198 |
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Share capital |
Allotted, called up and fully paid shares
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2026 |
2025 |
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No. |
£ |
No. |
£ |
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Ordinary A shares of £0.10 each |
10,000 |
1,000 |
10,000 |
1,000 |
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Ordinary B shares of £0.10 each |
10,000 |
1,000 |
10,000 |
1,000 |
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Ordinary C shares of £0.10 each |
100 |
10 |
100 |
10 |
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Ordinary D shares of £0.10 each |
100 |
10 |
100 |
10 |
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Ordinary E shares of £0.10 each |
- |
- |
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Preference shares of £1 each |
1,005,000 |
1,005,000 |
1,065,000 |
1,065,000 |
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Denmark Ward Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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Related party transactions |
Summary of transactions with other related parties