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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
Page
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Whitestone Real Estates Ltd Company Information for the period from 1 November 2021 to 31 December 2022
Director
Obedingwa Dube
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
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Whitestone Real Estates Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,074,228 
1,782,248 
Current assets
Debtors
2,668 
6,900 
Cash at bank and in hand
3,206 
8,205 
5,874 
15,105 
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)
Net assets
86,629 
59,188 
Capital and reserves
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
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Whitestone Real Estates Ltd Notes to the Accounts for the period from 1 November 2021 to 31 December 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
At 1 November 2021
- 
2,000 
2,000 
At 31 December 2022
- 
2,000 
2,000 
Net book value
At 31 December 2022
3,073,728 
500 
3,074,228 
At 31 October 2021
1,781,748 
500 
1,782,248 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
2,668 
6,900 
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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 
Other creditors
1,500 
750 
Accruals
- 
43,820 
1,500 
57,851 
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 
2,991,973 
1,680,314 
8
Average number of employees
During the period the average number of employees was 1 (2021: 1).
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