WARREN_FARM_DEVELOPMENTS_ - Accounts


Company Registration No. 05373014 (England and Wales)
WARREN FARM DEVELOPMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
WARREN FARM DEVELOPMENTS LIMITED
COMPANY INFORMATION
Director
Mr W A J Howe
Company number
05373014
Registered office
Warren Farm
Kentisbeare
Cullompton
Devon
EX15 2BR
Accountants
Aspen Waite South West
21 Bampton Street
Tiverton
Devon
EX16 6AA
WARREN FARM DEVELOPMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
WARREN FARM DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
3
1,195
16,058
Cash at bank and in hand
53,092
29,995
54,287
46,053
Creditors: amounts falling due within one year
4
(54,187)
(45,953)
Net current assets
100
100
Capital and reserves
Called up share capital
5
100
100

The director of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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

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

The financial statements were approved by the board of directors and authorised for issue on 31 May 2022 and are signed on its behalf by:
Mr W A J Howe
Director
Company Registration No. 05373014
WARREN FARM DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
- 2 -
1
Accounting policies
Company information

Warren Farm Developments Limited is a private company limited by shares incorporated in England and Wales within the United Kingdom.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

1.2
Going concern

At the time of approving the financial statements, the director has made an assessment to cease trading, therefore these financial statements have not been prepared on a going concern basis, the company is being wound up.

1.3
Turnover

Turnover represents the total value of rent receivable for the year.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.5
Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 0 (2021 - 0).

3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Trade debtors
1,195
3,157
Prepayments and accrued income
-
0
12,901
1,195
16,058
WARREN FARM DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 3 -
4
Creditors: amounts falling due within one year
2022
2021
£
£
Corporation tax
4,102
1,614
Other creditors
43,782
41,284
Accruals and deferred income
6,303
3,055
54,187
45,953
5
Called up share capital
2022
2021
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of £1 each
100
100
6
Events after the reporting date

Company ceased trading on 31 March 2022. These accounts have therefore been prepared on the break up basis.

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