D W & A W Property Services Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 10315756 (England and Wales)

Unaudited Financial Statements

for the Period 1st January 2022 to 31st March 2022

for

D W & A W Property Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Winsor

D R Winsor

REGISTERED OFFICE:

312 Torquay Road

Preston

Paignton

Devon

TQ3 2DZ

REGISTERED NUMBER:

10315756 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

4

3,415,163

3,415,163

CURRENT ASSETS

Debtors

5

632,781

591,218

Cash at bank

4

89

632,785

591,307

CREDITORS

Amounts falling due within one year

6

(42,230

)

(33,943

)

NET CURRENT ASSETS

590,555

557,364

TOTAL ASSETS LESS CURRENT LIABILITIES

4,005,718

3,972,527

CREDITORS

Amounts falling due after more than one year

7

(2,000,983

)

(1,975,381

)

NET ASSETS

2,004,735

1,997,146

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

8

1,999,018

1,999,018

Retained earnings

5,715

(1,874

)

2,004,735

1,997,146

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2022 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 26th April 2023 and were signed on its behalf by:

D R Winsor - Director

1.	STATUTORY INFORMATION

D W & A W Property Services 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.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property

TAXATION

Taxation for the period 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.

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 period 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 period was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st January 2022

and 31st March 2022

3,415,163

NET BOOK VALUE

At 31st March 2022

3,415,163

At 31st December 2021

3,415,163

The directors see no benefit in revaluing the property.

5.

DEBTORS

2022

2021

£

£

Amounts falling due within one year:

Trade debtors

2,181

(5,825

)

Amounts falling due after more than one year:

Other debtors

630,600

597,043

Aggregate amounts

632,781

591,218

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

5,556

-

Taxation and social security

2,048

267

Other creditors

34,626

33,676

42,230

33,943

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

39,815

46,206

Other creditors

1,961,168

1,929,175

2,000,983

1,975,381

8.

RESERVES

Revaluation

reserve

£

At 1st January 2022

and 31st March 2022

1,999,018