REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 |
FOR |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 |
FOR |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED (REGISTERED NUMBER: 02608087) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 5 April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED |
COMPANY INFORMATION |
for the Year Ended 5 April 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Carlton House |
Bull Close Lane |
Halifax |
West Yorkshire |
HX1 2EG |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED (REGISTERED NUMBER: 02608087) |
BALANCE SHEET |
5 April 2023 |
5.4.23 | 5.4.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
RESERVES |
Other reserves |
Other reserves |
Income and expenditure account | ( |
) | ( |
) |
MEMBERS' FUNDS |
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 surplus or deficit 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. |
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 |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED (REGISTERED NUMBER: 02608087) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 5 April 2023 |
1. | STATUTORY INFORMATION |
The Andrew Wainwright Reform Trust Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery | - |
Investments |
Investments are stated at fair value at each year end. |
Taxation |
Taxation for the year 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 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 (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 6 April 2022 |
and 5 April 2023 |
DEPRECIATION |
At 6 April 2022 |
Charge for year |
At 5 April 2023 |
NET BOOK VALUE |
At 5 April 2023 |
At 5 April 2022 |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED (REGISTERED NUMBER: 02608087) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 5 April 2023 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST OR VALUATION |
At 6 April 2022 |
Additions |
Disposals | ( |
) |
Revaluations | ( |
) |
At 5 April 2023 |
NET BOOK VALUE |
At 5 April 2023 |
At 5 April 2022 |
Cost or valuation at 5 April 2023 is represented by: |
Other |
investments |
£ |
Valuation in 2015 | 278,206 |
Valuation in 2016 | (78,269 | ) |
Valuation in 2017 | 271,631 |
Valuation in 2018 | (56,179 | ) |
Valuation in 2019 | 34,890 |
Valuation in 2020 | (497,444 | ) |
Valuation in 2021 | 552,621 |
Valuation in 2022 | 63,585 |
Valuation in 2023 | (239,540 | ) |
Cost | 1,945,264 |
2,274,765 |
If the investments had been sold at market value at the year end, there would be extra corporation tax due of £71,451 (2022: £96,780) |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.23 | 5.4.22 |
£ | £ |
Tax |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.23 | 5.4.22 |
£ | £ |
Scurrah Wainwright Charity | 46 | 122 |
Accrued expenses |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is all of the directors acting jointly. |
THE ANDREW WAINWRIGHT REFORM TRUST |
LIMITED (REGISTERED NUMBER: 02608087) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 5 April 2023 |
9. | COMPANY LIMITED BY GUARANTEE |
The company is limited by guarantee of its members and does not have a share capital. The liability of members is limited to £1. On any winding up of the company, any surplus assets that exist will be transferred to organisations having similar objectives to those of the company. |