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Registered Number: 12260349
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 31 October 2024

for

WHYTE PROPERTY INVESTMENTS LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 654,573  654,573 
Current assets 24,260  16,014 
Creditors: amount falling due within one year (597,540) (1,661)
Net current assets (573,280) 14,353 
Total assets less current liabilities 81,293  668,926 
Creditors: amount falling due after more than one year (59,242) (661,847)
Net assets 22,051  7,079 
 
Capital and reserves 22,051  7,079 
 
  1. For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Donald Whyte
Director

Date approved: 20 November 2024
1
Statutory Information
WHYTE PROPERTY INVESTMENTS LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12260349, registration address 201 Knowles Court 18 Brumwell Avenue, London, England, SE18 6AS.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2.

Tangible fixed assets

Cost or Valuation Freehold property   Total
  £   £
At 01 November 2023 654,573    654,573 
Additions  
Disposals  
At 31 October 2024 654,573    654,573 
Depreciation
At 01 November 2023  
Charge for year  
On disposals  
At 31 October 2024  
Net book values
Closing balance as at 31 October 2024 654,573    654,573 
Opening balance as at 01 November 2023 654,573    654,573 

3.

Average number of employees

Average number of employees during the year was 1  (2023: 1).
2