Registration number: 00365317

Frank Wainwright & Son Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 3

Frank Wainwright & Son Limited

(Registration number: 00365317)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	1,215,399	1,215,399
Current assets
Debtors	5	506,080	617,337
Cash at bank and in hand		158,660	103,765
		664,740	721,102
Creditors: Amounts falling due within one year	6	(56,494)	(62,573)
Net current assets		608,246	658,529
Net assets		1,823,645	1,873,928
Capital and reserves
Called up share capital		480	480
Share premium reserve		202	202
Retained earnings		1,822,963	1,873,246
Shareholders' funds		1,823,645	1,873,928

For the financial year ending 30 April 2025 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 November 2025 and signed on its behalf by:
 

......................................... Mr A C Patel Director

Frank Wainwright & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
62 Poole Road
Westbourne
Bournemouth
Dorset
BH4 9DZ

2	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.

Revenue recognition

Turnover comprises of rents receivable.

Tax

The tax expense for the period comprises current tax payable.

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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Frank Wainwright & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Investment properties

	2025 £
At 1 May 2021	1,215,399
At 30 April 2022	1,215,399

Investments properties are stated at cost. The directors reviewed the valuations on an open market basis and do not consider that revaluations are required at the balance sheet date.

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current	2025 £	2024 £
Other debtors	506,080	617,337
	506,080	617,337

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	20,523	23,057
Other creditors	35,971	39,516
	56,494	62,573