Company Registration No. 11032558 (England and Wales)
Whitestone Real Estates Ltd
Unaudited accounts
for the period from 1 November 2021 to 31 December 2022
Whitestone Real Estates Ltd
Unaudited accounts
Contents
Whitestone Real Estates Ltd
Company Information
for the period from 1 November 2021 to 31 December 2022
Company Number
11032558 (England and Wales)
Registered Office
45 MONTAGUE ROAD
SLOUGH
SL1 3RP
ENGLAND
Accountants
LJC & TN Accounting Services Ltd
6 Sissinghurst Close
Rugby
CV22 7ED
Whitestone Real Estates Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
3,074,228
1,782,248
Cash at bank and in hand
3,206
8,205
Creditors: amounts falling due within one year
(1,500)
(57,851)
Net current assets/(liabilities)
4,374
(42,746)
Total assets less current liabilities
3,078,602
1,739,502
Creditors: amounts falling due after more than one year
(2,991,973)
(1,680,314)
Called up share capital
1
1
Profit and loss account
86,628
59,187
Shareholders' funds
86,629
59,188
For the period ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 August 2023 and were signed on its behalf by
Obedingwa Dube
Director
Company Registration No. 11032558
Whitestone Real Estates Ltd
Notes to the Accounts
for the period from 1 November 2021 to 31 December 2022
Whitestone Real Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 11032558. The registered office is 45 MONTAGUE ROAD, SLOUGH, SL1 3RP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Fair Value Model
Motor vehicles
20% Straight Line Method
Fixtures & fittings
20% Straight Line Method
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2021
1,781,748
2,500
1,784,248
Additions
1,291,980
-
1,291,980
At 31 December 2022
3,073,728
2,500
3,076,228
At 1 November 2021
-
2,000
2,000
At 31 December 2022
-
2,000
2,000
At 31 December 2022
3,073,728
500
3,074,228
At 31 October 2021
1,781,748
500
1,782,248
Amounts falling due after more than one year
Whitestone Real Estates Ltd
Notes to the Accounts
for the period from 1 November 2021 to 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
13,281
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
2,285,340
1,143,070
Amounts owed to group undertakings and other participating interests
366,000
366,000
Other creditors
2,000
(36,652)
Taxes and social security
6,437
-
Loans from directors
332,196
207,896
8
Average number of employees
During the period the average number of employees was 1 (2021: 1).