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REGISTERED NUMBER: 03696891 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

W.R. INVESTMENTS LTD

W.R. INVESTMENTS LTD (REGISTERED NUMBER: 03696891)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


W.R. INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: M E Rossiter
Mrs C Rossiter





SECRETARY: J W Rossiter





REGISTERED OFFICE: 2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 03696891 (England and Wales)





ACCOUNTANTS: Barber & Company
A trading name of PCM Accounting Limited
2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

W.R. INVESTMENTS LTD (REGISTERED NUMBER: 03696891)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 10,933 13,743
Investment property 5 1,893,649 1,893,649
1,904,582 1,907,392

CURRENT ASSETS
Debtors 6 197,002 30,679
Cash at bank and in hand 396,238 402,068
593,240 432,747
CREDITORS
Amounts falling due within one year 7 127,485 101,268
NET CURRENT ASSETS 465,755 331,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,370,337

2,238,871

CREDITORS
Amounts falling due after more than one
year

8

(855,667

)

(855,667

)

PROVISIONS FOR LIABILITIES (2,789 ) -
NET ASSETS 1,511,881 1,383,204

CAPITAL AND RESERVES
Called up share capital 9 300 300
Retained earnings 1,511,581 1,382,904
SHAREHOLDERS' FUNDS 1,511,881 1,383,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

W.R. INVESTMENTS LTD (REGISTERED NUMBER: 03696891)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:





Mrs C Rossiter - Director


W.R. INVESTMENTS LTD (REGISTERED NUMBER: 03696891)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

W.R. Investments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Revenue 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

W.R. INVESTMENTS LTD (REGISTERED NUMBER: 03696891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 3,021 22,185 28,502 53,708
DEPRECIATION
At 1 February 2023 2,420 12,847 24,698 39,965
Charge for year 150 1,709 951 2,810
At 31 January 2024 2,570 14,556 25,649 42,775
NET BOOK VALUE
At 31 January 2024 451 7,629 2,853 10,933
At 31 January 2023 601 9,338 3,804 13,743

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 1,893,649
NET BOOK VALUE
At 31 January 2024 1,893,649
At 31 January 2023 1,893,649

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 29,551 22,767
Other debtors 93,851 2,699
Directors' current accounts 40,000 -
CT recoverable 13,500 -
Prepayments and accrued income 20,100 5,213
197,002 30,679

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 21,527 17,785
Corporation tax 55,402 29,931
Social security and other taxes 1,006 5
Other creditors 15,269 10,342
Directors' current accounts 27,711 27,711
Accruals and deferred income 6,570 15,494
127,485 101,268

W.R. INVESTMENTS LTD (REGISTERED NUMBER: 03696891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans more 5 yrs non-inst 855,667 855,667

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 855,667 855,667

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary A Shares £1 100 100
100 Ordinary L Shares £1 100 100
100 Ordinary P Shares £1 100 100
300 300

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £93,851 (2023: £Nil) from Rosscon Ltd, a company registered in England and Wales. The loan is interest free and repayable on demand.

Mrs C Rossiter is a director in both W.R. Investments Ltd and Rosscon Ltd.

11. ULTIMATE CONTROLLING PARTY

The controlling party is WR Investments Group Ltd.

The ultimate controlling party is Mrs C Rossiter.