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Company Registration No. 10561243 (England and Wales)
WHITE CLIFF PROPERTIES LIMITED Unaudited accounts for the year ended 31 January 2024
WHITE CLIFF PROPERTIES LIMITED Unaudited accounts Contents
Page
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WHITE CLIFF PROPERTIES LIMITED Company Information for the year ended 31 January 2024
Director
Warjinder Singh Khamba
Company Number
10561243 (England and Wales)
Registered Office
31 LLANBERIS GROVE NOTTINGHAM NG8 5DP ENGLAND
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WHITE CLIFF PROPERTIES LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
400,000 
400,000 
Investments
100,000 
100,000 
500,000 
500,000 
Current assets
Debtors
509,811 
505,101 
Cash at bank and in hand
2,775 
6,191 
512,586 
511,292 
Creditors: amounts falling due within one year
(9,645)
(2,801)
Net current assets
502,941 
508,491 
Total assets less current liabilities
1,002,941 
1,008,491 
Creditors: amounts falling due after more than one year
(723,000)
(725,506)
Provisions for liabilities
Deferred tax
(71,611)
(54,424)
Net assets
208,330 
228,561 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
208,230 
228,461 
Shareholders' funds
208,330 
228,561 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 January 2025 and were signed on its behalf by
Warjinder Singh Khamba Director Company Registration No. 10561243
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WHITE CLIFF PROPERTIES LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
WHITE CLIFF PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10561243. The registered office is 31 LLANBERIS GROVE, NOTTINGHAM, NG8 5DP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value.
4
Investment property
2024 
£ 
Fair value at 1 February 2023
400,000 
At 31 January 2024
400,000 
5
Investments
Other investments 
£ 
Valuation at 1 February 2023
100,000 
Valuation at 31 January 2024
100,000 
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WHITE CLIFF PROPERTIES LIMITED Notes to the Accounts for the year ended 31 January 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
509,811 
505,101 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,770 
1,251 
Trade creditors
1,550 
1,225 
Accruals
325 
325 
9,645 
2,801 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,030 
45,746 
Other creditors
249,755 
240,545 
Loans from directors
439,215 
439,215 
723,000 
725,506 
9
Deferred taxation
2024 
2023 
£ 
£ 
Revaluation of investment property
71,611 
54,424 
2024 
2023 
£ 
£ 
Provision at start of year
54,424 
54,424 
Charged to the profit and loss account
17,187 
- 
Provision at end of year
71,611 
54,424 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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