Wrensnest Supported Housing Ltd - Period Ending 2022-10-31
Wrensnest Supported Housing Ltd - Period Ending 2022-10-31
Registration number:
Wrensnest Supported Housing Ltd
for the Year Ended 31 October 2022
Wrensnest Supported Housing Ltd
(Registration number: 04503477)
Balance Sheet as at 31 October 2022
|
Note |
2022 |
2021 |
|
|
Current assets |
|||
|
Debtors |
|
|
|
|
Capital and reserves |
|||
|
Called up share capital |
|
|
|
|
Retained earnings |
( |
( |
|
|
Shareholders' funds |
|
|
For the financial year ending 31 October 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
|
......................................... |
Wrensnest Supported Housing Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2022
|
General information |
The company is a private company limited by share capital, incorporated in England & Wales. The company's registration number is 04503477.
The address of its registered office is:
United Kingdom
The principal place of business is:
1 Newman Way
Rednal
Birmingham
West Midlands
B45 9LS
England
These financial statements were authorised for issue by the
|
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
|
Asset class |
Amortisation method and rate |
|
Goodwill |
20% straight line |
Wrensnest Supported Housing Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2022 (continued)
|
Intangible assets |
|
Goodwill |
Total |
|
|
Cost or valuation |
||
|
At 1 November 2021 |
|
|
|
At 31 October 2022 |
|
|
|
Amortisation |
||
|
At 1 November 2021 |
|
|
|
At 31 October 2022 |
|
|
|
Carrying amount |
||
|
At 31 October 2022 |
- |
- |
|
Debtors |
|
Current |
2022 |
2021 |
|
Other debtors |
|
|