P D WHEATLAND LIMITED

P D WHEATLAND LIMITED

P D WHEATLAND LIMITED - Company Information

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P D WHEATLAND LIMITED

Company Registration Number:
04639577 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2022

Period of accounts

Start date: 01 May 2021

End date: 30 April 2022

P D WHEATLAND LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

P D WHEATLAND LIMITED

Balance sheet

As at 30 April 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 1,000 2,000
Total fixed assets: 1,000 2,000
Current assets
Debtors:   2,761 1,275
Cash at bank and in hand: 4,387 6,118
Total current assets: 7,148 7,393
Creditors: amounts falling due within one year:   (13,392) (15,377)
Net current assets (liabilities): (6,244) (7,984)
Total assets less current liabilities: (5,244) (5,984)
Total net assets (liabilities): (5,244) (5,984)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (5,344) (6,084)
Shareholders funds: (5,244) (5,984)

The notes form part of these financial statements

P D WHEATLAND LIMITED

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 January 2023
and signed on behalf of the board by:

Name: Mr P D Wheatland
Status: Director

The notes form part of these financial statements

P D WHEATLAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:-Fixtures, fittings & equipment 25% Straight Line BasisThe gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

Intangible fixed assets and amortisation policy

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life. The estimated useful life of the goodwill is 20 years

Other accounting policies

Going Concern At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements

P D WHEATLAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

2. Employees

2022 2021
Average number of employees during the period 2 3

P D WHEATLAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Intangible Assets

Total
Cost £
At 01 May 2021 20,000
At 30 April 2022 20,000
Amortisation
At 01 May 2021 18,000
Charge for year 1,000
At 30 April 2022 19,000
Net book value
At 30 April 2022 1,000
At 30 April 2021 2,000