Withington (Terah) Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 12849391 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Withington (Terah) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

CREDITORS

Amounts falling due within one year

4

11,711

86,496

NET CURRENT LIABILITIES

(11,711

)

(86,496

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,711

)

(86,496

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(11,811

)

(86,596

)

SHAREHOLDERS' FUNDS

(11,711

)

(86,496

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2023 and were signed by:

H S Dhaliwal - Director

1.	STATUTORY INFORMATION

Withington (Terah) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12849391

Registered office:

Unit 4 Royal Mills

17 Redhill Street

Ancoats

Greater Manchester

M4 5BA

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents amounts receivable for goods and services provided in the normal course of

business, net of trade discounts, VAT and other sales related taxes.

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable

certainty, by including in the profit and loss account turnover and related costs as contract activity

progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to

total expected costs for that contract.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

13

-

Amounts owed to group undertakings

-

83,376

Other creditors

11,698

3,120

11,711

86,496