Waterford House Limited - Accounts to registrar (filleted) - small 18.2
Waterford House Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2021 |
| FOR |
| WATERFORD HOUSE LIMITED |
| WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| WATERFORD HOUSE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2021 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| Statutory Auditor |
| 89 High Street |
| Hadleigh |
| Ipswich |
| Suffolk |
| IP7 5EA |
| WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504) |
| BALANCE SHEET |
| 31 JULY 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank | 6 |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Management account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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 |
| WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2021 |
| 1. | STATUTORY INFORMATION |
| Waterford House Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts contributed by lessees during the year for service charges, ground rent and major works. |
| Tangible fixed assets |
| Freehold land is not depreciated. The reversionary interest in the remaining freehold property is not considered to be material as it is subject to long leases for each flat so no depreciation is provided. |
| Depreciation is provided on plant and machinery at 25% reducing balance, in order to write off each asset over its estimated useful life. |
| Taxation |
| There is no liability to corporation tax as the company is treated as dormant by HM Revenue & Customs. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 August 2020 |
| Additions |
| At 31 July 2021 |
| DEPRECIATION |
| Charge for year |
| At 31 July 2021 |
| NET BOOK VALUE |
| At 31 July 2021 |
| At 31 July 2020 |
| WATERFORD HOUSE LIMITED (REGISTERED NUMBER: 02015504) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2021 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Land and buildings includes freehold land and the reversionary interest in the remaining property over which long leases have been granted for each flat. In the opinion of the directors, the market value of the freehold land and reversionary interest is not less than shown in the accounts. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 6. | CASH AT BANK |
| Cash at bank represents funds held by the company's managing agent in a general client account. |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade creditors |
| Deferred income |
| Accrued expenses |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | ULTIMATE CONTROLLING PARTY |
| The company is under the joint control of the tenants occupying the managed property. |