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REGISTERED NUMBER: 00541954 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

R.W.H.Properties Limited

R.W.H.Properties Limited (Registered number: 00541954)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R.W.H.Properties Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs L E L Bleasdale
Mrs C M E Lord
Mrs K Wrinch





SECRETARY: Mrs C M E Lord





REGISTERED OFFICE: Sarsen Stone
The Avenue
Twyford
Winchester
SO21 1NJ





REGISTERED NUMBER: 00541954 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

R.W.H.Properties Limited (Registered number: 00541954)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,008 47,442
Investments 5 1,474,389 1,406,693
Investment property 6 3,950,677 4,000,677
5,460,074 5,454,812

CURRENT ASSETS
Debtors 7 48,777 17,081
Cash at bank 457,193 801,568
505,970 818,649
CREDITORS
Amounts falling due within one year 8 17,160 31,293
NET CURRENT ASSETS 488,810 787,356
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,948,884

6,242,168

CREDITORS
Amounts falling due after more than one
year

9

(35,131

)

(40,883

)

PROVISIONS FOR LIABILITIES (705,047 ) (658,474 )
NET ASSETS 5,208,706 5,542,811

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 2,692,406 2,788,979
Retained earnings 2,516,200 2,753,732
SHAREHOLDERS' FUNDS 5,208,706 5,542,811

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

R.W.H.Properties Limited (Registered number: 00541954)

Balance Sheet - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by:





Mrs L E L Bleasdale - Director


R.W.H.Properties Limited (Registered number: 00541954)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

R.W.H.Properties 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.

This company is not part of a group.

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 as modified by the revaluation of certain assets.

Revenue
Revenue represents rent receivable by the company from its UK property investments. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Tangible fixed assets
Tangible fixed assets are initially measured at original cost. After initial recognition, tangible fixed assets are measured using the cost model less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset overs its estimated useful life.

Plant and machinery etc - 25% on cost

Investments
The investment properties are included at fair value. Gains are recognised in the income statement and subsequently transferred to the fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the properties are sold.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to and from related parties.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

R.W.H.Properties Limited (Registered number: 00541954)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Investments
Investments held as fixed assets are stated at cost less provision for impairment in value.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Other financial liabilities, including bank loans are also measured at transaction price since the difference between this basis and the amortised cost basis is not material.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 70,014
DEPRECIATION
At 1 May 2023 22,572
Charge for year 12,434
At 30 April 2024 35,006
NET BOOK VALUE
At 30 April 2024 35,008
At 30 April 2023 47,442

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 1,406,693
Revaluations 67,696
At 30 April 2024 1,474,389
NET BOOK VALUE
At 30 April 2024 1,474,389
At 30 April 2023 1,406,693

R.W.H.Properties Limited (Registered number: 00541954)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2021 129,529
Valuation in 2022 1,833
Valuation in 2023 (224,669 )
Valuation in 2024 67,696
Cost 1,500,000
1,474,389

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 4,000,677
Revaluations (50,000 )
At 30 April 2024 3,950,677
NET BOOK VALUE
At 30 April 2024 3,950,677
At 30 April 2023 4,000,677

The historical cost of the freehold investment properties at the balance sheet date was £1,441,265 (2023: £1,441,265).

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 3,212 1,921
Other debtors 5,565 5,160
8,777 7,081

Amounts falling due after more than one year:
Other debtors 40,000 10,000

Aggregate amounts 48,777 17,081

R.W.H.Properties Limited (Registered number: 00541954)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,752 5,752
Trade creditors 2,704 322
Taxation and social security - 1,596
Other creditors 8,704 23,623
17,160 31,293

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 35,131 40,883