Wards Gardens Ltd
Wards Gardens Ltd
Registered number: 13339933
ABRIDGED Financial Statements
For The Year Ended
30 April 2023
Dodgson Matty Partnership
22 The Tything
Worcester
WR1 1HD
Wards Gardens Ltd
Financial Statements
For The Year Ended
30 April 2023
Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—5 |
Page 1
Wards Gardens Ltd
Abridged Balance Sheet
As At
30 April 2023
Abridged Balance Sheet
Registered number:
13339933
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2023 in accordance with section 444(2A) of the Companies Act 2006.
| 30 April 2023 | 30 April 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 4 |
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| Tangible Assets | 5 |
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| CURRENT ASSETS | |||||
| Debtors |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 10,346 | 11,369 | |||
Page 1
Page 2
Wards Gardens Ltd
Abridged Balance Sheet (continued)
As At
30 April 2023
On behalf of the board
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Director
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Wards Gardens Ltd
Notes to the Abridged Financial Statements
For The Year Ended
30 April 2023
Notes to the Abridged Financial Statements
1.
General Information
Wards Gardens Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
13339933
. The registered office is 22 The Tything, Worcester, WR1 1HD.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3.
Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 4 years.
2.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Motor Vehicles |
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| Fixtures & Fittings |
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| Computer Equipment |
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2.5.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
Page 3
Page 4
Wards Gardens Ltd
Notes to the Abridged Financial Statements (continued)
For The Year Ended
30 April 2023
4.
Intangible Assets
| Total | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at
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| Additions |
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| As at
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| Amortisation | |||
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| Provided during the period |
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| As at
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| Net Book Value | |||
| As at
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| As at
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5.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at
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| Additions |
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| As at
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| Depreciation | |
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |
| As at
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| As at
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6.
Share Capital
| 30 April 2023 | 30 April 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Allotted, Called up and fully paid |
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Page 4
Page 5
Wards Gardens Ltd
Notes to the Abridged Financial Statements (continued)
For The Year Ended
30 April 2023
7.
Related Party Transactions
Intercompany balances
At the balance sheet date the company was owed £17,242 by Wards Homes Ltd, a company under common control.
At the balance sheet date the company was owed £95 by Wards Maintenance Ltd, a company under common control.
Both amounts were repayable on demand and not subject to interest.
8.
Ultimate Controlling Party
The company is controlled by the Director.
Page 5