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REGISTERED NUMBER: 13481247 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

WRL INVESTMENTS LTD

WRL INVESTMENTS LTD (REGISTERED NUMBER: 13481247)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WRL INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mrs L Bradley





SECRETARY: K Bradley





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





REGISTERED NUMBER: 13481247 (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

WRL INVESTMENTS LTD (REGISTERED NUMBER: 13481247)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 4,778 5,973
Investments 5 1 1
Investment property 6 1,122,521 1,122,521
1,127,300 1,128,495

CURRENT ASSETS
Debtors 7 40,431 14,481
Cash at bank 311,292 315,978
351,723 330,459
CREDITORS
Amounts falling due within one year 8 887,112 892,638
NET CURRENT LIABILITIES (535,389 ) (562,179 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

591,911

566,316

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 591,811 566,216
SHAREHOLDERS' FUNDS 591,911 566,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

WRL INVESTMENTS LTD (REGISTERED NUMBER: 13481247)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 director and authorised for issue on 24 October 2024 and were signed by:





Mrs L Bradley - Director


WRL INVESTMENTS LTD (REGISTERED NUMBER: 13481247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

WRL 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.
Furniture and equipment - 20% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

WRL INVESTMENTS LTD (REGISTERED NUMBER: 13481247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. PROPERTY, PLANT AND EQUIPMENT
Furniture
and
equipment
£   
COST
At 1 July 2023
and 30 June 2024 9,333
DEPRECIATION
At 1 July 2023 3,360
Charge for year 1,195
At 30 June 2024 4,555
NET BOOK VALUE
At 30 June 2024 4,778
At 30 June 2023 5,973

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,122,521
NET BOOK VALUE
At 30 June 2024 1,122,521
At 30 June 2023 1,122,521

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Directors' current accounts 30,229 11,079
Corporation Tax 10,202 3,402
40,431 14,481

WRL INVESTMENTS LTD (REGISTERED NUMBER: 13481247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Corporation tax 13,107 22,440
Social security and other taxes 491 -
Other creditors 10,833 10,964
Other loans 855,667 855,667
Accruals and deferred income 7,014 3,567
887,112 892,638

Other loans relates to a loan from the company's shareholder, the Loretta Marian Bradley's Trust.

Mrs L Bradley, a director of WRL Investments Limited, is a Trustee and Beneficiary of the Loretta Marian Bradley's Trust.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 L Ordinary Shares £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 July 2023 566,216
Profit for the year 25,595
At 30 June 2024 591,811

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mrs L Bradley
Balance outstanding at start of year 11,079 18,456
Amounts advanced 20,945 11,104
Amounts repaid (1,795 ) (18,481 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 30,229 11,079

WRL INVESTMENTS LTD (REGISTERED NUMBER: 13481247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs L Bradley.

The company's entire equity share capital is owned by the Loretta Marian Bradley's Trust.

Mrs L Bradley, a director of WRL Investments Limited, is a Trustee and Beneficiary of the Loretta Marian Bradley's Trust.