Pw Cresco Limited - Accounts to registrar (filleted) - small 23.1.2
Pw Cresco Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 August 2022 |
| for |
| Pw Cresco Limited |
| Pw Cresco Limited (Registered number: 09161101) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Pw Cresco Limited |
| Company Information |
| for the Year Ended 31 August 2022 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Suite 1, 5th Floor |
| 31-32 Park Row |
| Leeds |
| West Yorkshire |
| LS1 5JD |
| Pw Cresco Limited (Registered number: 09161101) |
| Balance Sheet |
| 31 August 2022 |
| 31.8.22 | 31.8.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| Pw Cresco Limited (Registered number: 09161101) |
| Balance Sheet - continued |
| 31 August 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Pw Cresco Limited (Registered number: 09161101) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2022 |
| 1. | STATUTORY INFORMATION |
| Pw Cresco Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 NIL (2021 - NIL). |
| Pw Cresco Limited (Registered number: 09161101) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2022 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Freehold |
| property |
| £ |
| COST |
| At 1 September 2021 |
| and 31 August 2022 |
| NET BOOK VALUE |
| At 31 August 2022 |
| At 31 August 2021 |
| Included in cost of land and buildings is freehold land of £ 88,654 (2021 - £ 88,654 ) which is not depreciated. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.22 | 31.8.21 |
| £ | £ |
| Loans to other companies |
| Tax |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.22 | 31.8.21 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Tax |
| Directors' loan accounts | 62 | - |
| Accrued expenses | ( |
) | ( |
) |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.22 | 31.8.21 |
| £ | £ |
| Bank loans - 1-2 years |
| Mortgage - 2-5 years |
| Mortgage more 5 yr by instal |
| Amounts owed to participating interests | 20,860 | - |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Mortgage more 5 yr by instal | 49,022 | 48,612 |
| Pw Cresco Limited (Registered number: 09161101) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2022 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.22 | 31.8.21 |
| value: | £ | £ |
| Ordinary | 1 | 1 | 1 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 September 2021 |
| Deficit for the year | ( |
) |
| At 31 August 2022 | ( |
) |
| 10. | RELATED PARTY DISCLOSURES |
| Amount owed to the Related Party SPE Simpson Limited as at the balance sheet date was £13,860 |
| (2021 - £0.00). |
| Amount owed to the Related Party Spencer Riley Limited as at the balance sheet date was £7,000 |
| (2021 - £0.00). |