IRIS Accounts Production v23.4.0.336 06590661 Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065906612022-09-30065906612023-09-30065906612022-10-012023-09-30065906612021-09-30065906612021-10-012022-09-30065906612022-09-3006590661ns15:EnglandWales2022-10-012023-09-3006590661ns14:PoundSterling2022-10-012023-09-3006590661ns10:Director12022-10-012023-09-3006590661ns10:Director22022-10-012023-09-3006590661ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3006590661ns10:SmallEntities2022-10-012023-09-3006590661ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3006590661ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3006590661ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3006590661ns10:FullAccounts2022-10-012023-09-3006590661ns10:OrdinaryShareClass12022-10-012023-09-3006590661ns10:Director32022-10-012023-09-3006590661ns10:RegisteredOffice2022-10-012023-09-3006590661ns5:CurrentFinancialInstruments2023-09-3006590661ns5:CurrentFinancialInstruments2022-09-3006590661ns5:Non-currentFinancialInstruments2023-09-3006590661ns5:Non-currentFinancialInstruments2022-09-3006590661ns5:ShareCapital2023-09-3006590661ns5:ShareCapital2022-09-3006590661ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3006590661ns5:FurtherSpecificReserve3ComponentTotalEquity2022-09-3006590661ns5:RetainedEarningsAccumulatedLosses2023-09-3006590661ns5:RetainedEarningsAccumulatedLosses2022-09-3006590661ns5:FurnitureFittings2022-10-012023-09-3006590661ns5:FurnitureFittings2022-09-3006590661ns5:FurnitureFittings2023-09-3006590661ns5:FurnitureFittings2022-09-3006590661ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3006590661ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3006590661ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-09-3006590661ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-09-3006590661ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3006590661ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-09-3006590661ns5:Secured2023-09-3006590661ns5:Secured2022-09-3006590661ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 06590661 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED

WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED (REGISTERED NUMBER: 06590661)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: T Oxborough
Mrs P A Oxborough
Mrs C A Oxborough





REGISTERED OFFICE: First Floor
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY





REGISTERED NUMBER: 06590661 (England and Wales)





ACCOUNTANTS: Galloways Accounting
First Floor
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY

WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED (REGISTERED NUMBER: 06590661)

Balance Sheet
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 20,562,133 19,397,758
20,562,133 19,397,758

CURRENT ASSETS
Debtors 6 52,129 282,942
Cash at bank 268,781 675,691
320,910 958,633
CREDITORS
Amounts falling due within one year 7 2,338,108 2,251,562
NET CURRENT LIABILITIES (2,017,198 ) (1,292,929 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,544,935

18,104,829

CREDITORS
Amounts falling due after more than one
year

8

(221,880

)

(236,513

)

PROVISIONS FOR LIABILITIES (3,893,062 ) (3,870,315 )
NET ASSETS 14,429,993 13,998,001

CAPITAL AND RESERVES
Called up share capital 10 102 102
Fair value reserve 11,679,187 11,610,945
Retained earnings 2,750,704 2,386,954
SHAREHOLDERS' FUNDS 14,429,993 13,998,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

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.

WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED (REGISTERED NUMBER: 06590661)

Balance Sheet - continued
30 SEPTEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 12 March 2024 and were signed on its behalf by:




T Oxborough - Director



Mrs P A Oxborough - Director


WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED (REGISTERED NUMBER: 06590661)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

White Heather Developments (Godalming) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable during the year from property letting, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost

Investment property
Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2022
and 30 September 2023 19,920
DEPRECIATION
At 1 October 2022
and 30 September 2023 19,920
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED (REGISTERED NUMBER: 06590661)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 19,397,758
Additions 1,073,385
Revaluations 90,990
At 30 September 2023 20,562,133
NET BOOK VALUE
At 30 September 2023 20,562,133
At 30 September 2022 19,397,758

The investment properties were included at fair value at 30 September 2023.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 28,107 20,690
Other debtors 2,113 242,500
Prepayments 21,909 19,752
52,129 282,942

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 25,746 25,746
Trade creditors 8,438 12,689
Tax 102,645 61,769
Other creditors 149,968 51,252
Directors' current accounts 1,999,079 2,043,188
Accruals and deferred income 52,232 56,918
2,338,108 2,251,562

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans - 1-2 years 25,746 25,746
Bank loans - 2-5 years 196,134 210,767
221,880 236,513

WHITE HEATHER DEVELOPMENTS (GODALMING)
LIMITED (REGISTERED NUMBER: 06590661)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.23 30.9.22
£    £   
Bank loans 247,626 262,259

Loans are secured by a charge over four of the company's investment properties.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
102 Ordinary £1 102 102

11. RELATED PARTY DISCLOSURES

The directors receive interest on their current account balances. Interest has been waived since 2017, including 2023. The balance on their currents accounts is £1,999,079 (2022 - £2,043,188).