Weald 2000 Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03935916 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

WEALD 2000 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A D Willmott

R Farmer

REGISTERED OFFICE:

Station Approach

Buxted

East Sussex

TN22 4LA

REGISTERED NUMBER:

03935916 (England and Wales)

ACCOUNTANTS:

GBJ Financial Limited

Sterling House

27 Hatchlands Road

Redhill

Surrey

RH1 6RW

FIXED ASSETS

Investments

4

854,292

854,292

CREDITORS

Amounts falling due within one year

5

264,323

263,746

NET CURRENT LIABILITIES

(264,323

)

(263,746

)

TOTAL ASSETS LESS CURRENT LIABILITIES

589,969

590,546

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Share premium

328,292

328,292

Retained earnings

258,677

259,254

SHAREHOLDERS' FUNDS

589,969

590,546

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2021 and were signed on its behalf by:

A D Willmott - Director

1.	STATUTORY INFORMATION

Weald 2000 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Group accounts

The company is exempt from the preparation of group accounts on the grounds that it is a small company and is not part of an ineligible group as defined by Section 248 of the Companies Act.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2020

and 31 December 2020

854,292

NET BOOK VALUE

At 31 December 2020

854,292

At 31 December 2019

854,292

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

1

1

Amounts due to group undertakings

227,566

226,989

Accrued expenses

36,756

36,756

264,323

263,746