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REGISTERED NUMBER: 11487019 (England and Wales)















J W H Property Investments Limited

Unaudited Financial Statements

for the Year Ended 31 July 2023






J W H Property Investments Limited (Registered number: 11487019)

Contents of the Financial Statements
for the year ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J W H Property Investments Limited

Company Information
for the year ended 31 July 2023







Directors: Mr J Hughes
Mrs J Hughes





Secretary: Mr G A Hughes





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 11487019 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

J W H Property Investments Limited (Registered number: 11487019)

Balance Sheet
31 July 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 5,704 7,554
Investment property 5 668,751 668,751
674,455 676,305

Current assets
Debtors 6 6,008 146
Cash at bank 8,466 20,944
14,474 21,090
Creditors
Amounts falling due within one year 7 247,637 253,750
Net current liabilities (233,163 ) (232,660 )
Total assets less current liabilities 441,292 443,645

Creditors
Amounts falling due after more than one
year

8

448,296

448,296
Net liabilities (7,004 ) (4,651 )

Capital and reserves
Called up share capital 10 100 100
Retained earnings 11 (7,104 ) (4,751 )
(7,004 ) (4,651 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 9 April 2024 and were signed on its behalf by:




Mr J Hughes - Director


J W H Property Investments Limited (Registered number: 11487019)

Notes to the Financial Statements
for the year ended 31 July 2023


1. Statutory information

J W H Property Investments 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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost

Investment property
Investment properties are included in the Balance sheet at their open market value in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

J W H Property Investments Limited (Registered number: 11487019)

Notes to the Financial Statements - continued
for the year ended 31 July 2023


4. Tangible fixed assets
Fixtures
and
fittings
£
Cost
At 1 August 2022
and 31 July 2023 9,250
Depreciation
At 1 August 2022 1,696
Charge for year 1,850
At 31 July 2023 3,546
Net book value
At 31 July 2023 5,704
At 31 July 2022 7,554

5. Investment property
Total
£
Fair value
At 1 August 2022
and 31 July 2023 668,751
Net book value
At 31 July 2023 668,751
At 31 July 2022 668,751

6. Debtors: amounts falling due within one year
2023 2022
£ £
Other debtors 6,008 146

7. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors - 2,083
Other creditors 247,637 251,667
247,637 253,750

8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans 448,296 448,296

J W H Property Investments Limited (Registered number: 11487019)

Notes to the Financial Statements - continued
for the year ended 31 July 2023


9. Secured debts

The following secured debts are included within creditors:

2023 2022
£ £
Bank loans 448,296 448,296

State Bank of India (UK) Limited holds a fixed and floating charge over the assets of the company.
The Mortgage Works (UK) PLC holds a fixed and floating charge over the assets of the company.

10. Called up share capital

Allotted Class: Nominal 2023 2022
Number: value: £ £
52 Ordinary A 1 52 52
12 Ordinary B 1 12 12
12 Ordinary C 1 12 12
12 Ordinary D 1 12 12
12 Ordinary E 1 12 12
100 100

11. Reserves
Retained
earnings
£

At 1 August 2022 (4,751 )
Deficit for the year (2,353 )
At 31 July 2023 (7,104 )

12. Related party disclosures

As at the balance sheet date, the company owed £241,004 (2022: £248,997) to related companies under common ownership.