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REGISTERED NUMBER: SC463356 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Watwish Properties Limited

Watwish Properties Limited (Registered number: SC463356)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Watwish Properties Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Miss N C Wishart
Ms K G Wishart





REGISTERED OFFICE: Darlingfield Farm
Gordon
Berwickshire
TD3 6LE





REGISTERED NUMBER: SC463356 (Scotland)





ACCOUNTANTS: EQ Accountants (Trading name)
Douglas Home & Co Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Watwish Properties Limited (Registered number: SC463356)

Statement of Financial Position
30 November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,130,000 1,130,000

CURRENT ASSETS
Debtors 5 214,333 209,768
Cash at bank 216,982 145,517
431,315 355,285
CREDITORS
Amounts falling due within one year 6 71,609 46,445
NET CURRENT ASSETS 359,706 308,840
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,489,706

1,438,840

CAPITAL AND RESERVES
Called up share capital 74,000 74,000
Retained earnings 1,415,706 1,364,840
SHAREHOLDERS' FUNDS 1,489,706 1,438,840

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 27 August 2024 and were signed on its behalf by:





Ms K G Wishart - Director


Watwish Properties Limited (Registered number: SC463356)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Watwish Properties Limited is a private company, limited by shares , registered in Scotland. 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 1,130,000
NET BOOK VALUE
At 30 November 2023 1,130,000
At 30 November 2022 1,130,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 20,165 -
Amounts owed by group undertakings 194,168 209,768
214,333 209,768

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade creditors 76 -
Tax 41,227 34,641
VAT 10,033 10,041
Directors' loan accounts 1,656 -
Accrued expenses 18,617 1,763
71,609 46,445