REGISTERED NUMBER:
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FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
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WENTWORTH CASTLE TRADING LIMITED |
REGISTERED NUMBER:
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FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
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FOR |
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WENTWORTH CASTLE TRADING LIMITED |
WENTWORTH CASTLE TRADING LIMITED (REGISTERED NUMBER: 05781292) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
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Page |
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Company Information | 1 |
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Statement of Financial Position | 2 |
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Notes to the Financial Statements | 3 |
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WENTWORTH CASTLE TRADING LIMITED |
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COMPANY INFORMATION |
FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Copia House |
Great Cliffe Court |
Great Cliffe Road |
Barnsley |
South Yorkshire |
S75 3SP |
WENTWORTH CASTLE TRADING LIMITED (REGISTERED NUMBER: 05781292) |
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STATEMENT OF FINANCIAL POSITION |
30 SEPTEMBER 2019 |
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30.9.19 | 31.3.18 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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SHAREHOLDERS' FUNDS |
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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. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
signed on its behalf by: |
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WENTWORTH CASTLE TRADING LIMITED (REGISTERED NUMBER: 05781292) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
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1. | STATUTORY INFORMATION |
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Wentworth Castle Trading Limited is a
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company's registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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 statement of financial position date. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement |
of financial position date. |
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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. |
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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. |
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Going concern |
Following the withdrawal by Barnsley Metropolitan Borough Council of its support to underwrite the working |
capital requirements of the parent company trust and the subsequent winding down of the operations of both the |
company and the parent company trust, the directors have considered the appropriateness of the going concern basis |
for the preparation of the 2016/17 financial statements and deemed that it is no longer appropriate. The financial |
statements have therefore been prepared on a break up basis. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was NIL (2018 -
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WENTWORTH CASTLE TRADING LIMITED (REGISTERED NUMBER: 05781292) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.19 | 31.3.18 |
£ | £ |
Amounts owed by group undertakings |
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Value added tax | 273 | 273 |
Prepayments and other debtors |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.19 | 31.3.18 |
£ | £ |
Amounts owed to group undertakings |
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Accruals and other creditors |
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6. | RELATED PARTY DISCLOSURES |
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During the year a loan existed between the company and Wentworth Castle and Stainborough Park Heritage Trust. |
The loan outstanding at the year end to the trust was £916 (2018: £676 owing from the trust). The profits of the |
company are gifted to the charity. |
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7. | ULTIMATE CONTROLLING PARTY |
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The company is a wholly owned subsidiary of Wentworth Castle and Stainborough Park Heritage Trust. |