IRIS Accounts Production v24.3.2.46 05291413 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052914132023-06-30052914132024-06-30052914132023-07-012024-06-30052914132022-06-30052914132022-07-012023-06-30052914132023-06-3005291413ns15:EnglandWales2023-07-012024-06-3005291413ns14:PoundSterling2023-07-012024-06-3005291413ns10:Director12023-07-012024-06-3005291413ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3005291413ns10:SmallEntities2023-07-012024-06-3005291413ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3005291413ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3005291413ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3005291413ns10:FullAccounts2023-07-012024-06-3005291413ns10:Director22023-07-012024-06-3005291413ns10:CompanySecretary12023-07-012024-06-3005291413ns10:CompanySecretary22023-07-012024-06-3005291413ns10:RegisteredOffice2023-07-012024-06-3005291413ns5:CurrentFinancialInstruments2024-06-3005291413ns5:CurrentFinancialInstruments2023-06-3005291413ns5:Non-currentFinancialInstruments2024-06-3005291413ns5:Non-currentFinancialInstruments2023-06-3005291413ns5:ShareCapital2024-06-3005291413ns5:ShareCapital2023-06-3005291413ns5:FurtherSpecificReserve3ComponentTotalEquity2024-06-3005291413ns5:FurtherSpecificReserve3ComponentTotalEquity2023-06-3005291413ns5:RetainedEarningsAccumulatedLosses2024-06-3005291413ns5:RetainedEarningsAccumulatedLosses2023-06-3005291413ns5:PlantMachinery2023-07-012024-06-3005291413ns5:MotorVehicles2023-07-012024-06-3005291413ns5:PlantMachinery2023-06-3005291413ns5:MotorVehicles2023-06-3005291413ns5:PlantMachinery2024-06-3005291413ns5:MotorVehicles2024-06-3005291413ns5:PlantMachinery2023-06-3005291413ns5:MotorVehicles2023-06-3005291413ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3005291413ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3005291413ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-06-3005291413ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-06-30
REGISTERED NUMBER: 05291413 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Whitmarsh Lockhart Development
Consultancy Ltd

Whitmarsh Lockhart Development
Consultancy Ltd (Registered number: 05291413)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Whitmarsh Lockhart Development
Consultancy Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: P A Whitmarsh
J A S Lockhart





SECRETARIES: G Whitmarsh
A Lockhart





REGISTERED OFFICE: 2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY





REGISTERED NUMBER: 05291413 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

Whitmarsh Lockhart Development
Consultancy Ltd (Registered number: 05291413)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10 63
Investment property 5 1,292,000 1,292,000
1,292,010 1,292,063

CURRENT ASSETS
Debtors 6 10,967 1,709
Investments 7 30 32,232
Cash at bank 94,533 106,408
105,530 140,349
CREDITORS
Amounts falling due within one year 8 61,631 57,102
NET CURRENT ASSETS 43,899 83,247
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,335,909

1,375,310

CREDITORS
Amounts falling due after more than one
year

9

(170,217

)

(160,354

)

PROVISIONS FOR LIABILITIES (106,492 ) (106,503 )
NET ASSETS 1,059,200 1,108,453

Whitmarsh Lockhart Development
Consultancy Ltd (Registered number: 05291413)

Balance Sheet - continued
30 June 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 367,587 367,587
Retained earnings 691,513 740,766
SHAREHOLDERS' FUNDS 1,059,200 1,108,453

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 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.

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 29 January 2025 and were signed on its behalf by:





P A Whitmarsh - Director


Whitmarsh Lockhart Development
Consultancy Ltd (Registered number: 05291413)

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

1. STATUTORY INFORMATION

Whitmarsh Lockhart Development Consultancy 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.

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
Turnover represents net invoiced sale of services, excluding value added tax.

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 cost
Motor vehicles - 20% on cost

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.

Investment property is included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

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.


Whitmarsh Lockhart Development
Consultancy Ltd (Registered number: 05291413)

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

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 10,141 23,630 33,771
DEPRECIATION
At 1 July 2023 10,080 23,628 33,708
Charge for year 53 - 53
At 30 June 2024 10,133 23,628 33,761
NET BOOK VALUE
At 30 June 2024 8 2 10
At 30 June 2023 61 2 63

5. INVESTMENT PROPERTY


£
Fair Value at 1 July 2023 1,292,000
Revaluation in year -
Fair value at 30 June 2024 1,292,000

Whitmarsh Lockhart Development
Consultancy Ltd (Registered number: 05291413)

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

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 7,256 -
Other debtors 3,678 1,676
10,934 1,676

Amounts falling due after more than one year:
Other debtors 33 33

Aggregate amounts 10,967 1,709

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Whitmarsh Lockhart LLP
Current investment 30 32,232
30 32,232

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,242 3,987
Taxation and social security 2,926 11,436
Other creditors 49,463 41,679
61,631 57,102

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 170,217 160,354