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REGISTERED NUMBER: 05842944 (England and Wales)











17A WHITEFIELD ROAD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024






17A WHITEFIELD ROAD LIMITED (REGISTERED NUMBER: 05842944)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


17A WHITEFIELD ROAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTOR: Mrs S Phelines





REGISTERED OFFICE: 17 Whitefield Road
Tunbridge Wells
East Sussex
TN4 9UB





REGISTERED NUMBER: 05842944 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

17A WHITEFIELD ROAD LIMITED (REGISTERED NUMBER: 05842944)

BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 225,000 200,000

CURRENT ASSETS
Debtors 5 - 293
Cash at bank 245 140
245 433
CREDITORS
Amounts falling due within one year 6 2,483 1,944
NET CURRENT LIABILITIES (2,238 ) (1,511 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,762

198,489

CREDITORS
Amounts falling due after more than
one year

7

(170,437

)

(170,837

)

PROVISIONS FOR LIABILITIES (15,820 ) (9,652 )
NET ASSETS 36,505 18,000

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 106,910 88,078
Retained earnings (70,505 ) (70,178 )
SHAREHOLDERS' FUNDS 36,505 18,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

17A WHITEFIELD ROAD LIMITED (REGISTERED NUMBER: 05842944)

BALANCE SHEET - continued
31ST MAY 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 director and authorised for issue on 2nd February 2025 and were signed by:





Mrs S Phelines - Director


17A WHITEFIELD ROAD LIMITED (REGISTERED NUMBER: 05842944)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024


1. STATUTORY INFORMATION

17A Whitefield Road 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Government grants
Grant income has been recognised under the performance model.

Grants that do not specify any future performance-related conditions are recorded when the grant
proceeds are received or receivable. Any grant that imposes specified future performance-related
conditions is recognised only when the performance-related conditions are met. Grants received
before the revenue recognition criteria are satisfied are recognised as a liability.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st June 2023 200,000
Revaluations 25,000
At 31st May 2024 225,000
NET BOOK VALUE
At 31st May 2024 225,000
At 31st May 2023 200,000

Fair value at 31st May 2024 is represented by:
£   
Valuation in 2024 225,000

17A WHITEFIELD ROAD LIMITED (REGISTERED NUMBER: 05842944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024


4. INVESTMENT PROPERTY - continued

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 102,270 102,270

The investment property was valued on an open market basis on 31st May 2024 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts - 293

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 400 400
Other creditors 2,083 1,544
2,483 1,944

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 170,437 170,837

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 169,970 169,970

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 169,970 169,970

Included within total bank loans, the mortgage is secured against the related investment property.

17A WHITEFIELD ROAD LIMITED (REGISTERED NUMBER: 05842944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Fair
value
reserve
£   
At 1st June 2023 88,078
Transfer between reserves 18,832

At 31st May 2024 106,910

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2024 and 31st May 2023:

2024 2023
£    £   
Mrs S Phelines
Balance outstanding at start of year 293 1,124
Amounts repaid (293 ) (831 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 293

During the year no interest was charged on balances owed to the company by the director.