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REGISTERED NUMBER: 11487019 (England and Wales)















J W H Property Investments Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






J W H Property Investments Limited (Registered number: 11487019)

Contents of the Financial Statements
for the year ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J W H Property Investments Limited

Company Information
for the year ended 31 July 2024







Directors: J Hughes
J Hughes





Secretary: G A Hughes





Registered office: Second Floor LHS
10 Bull Plain
Hertford
Hertfordshire
SG14 1DT





Registered number: 11487019 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

J W H Property Investments Limited (Registered number: 11487019)

Balance Sheet
31 July 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 3,854 5,704
Investment property 5 668,751 668,751
672,605 674,455

Current assets
Debtors 6 3,238 6,008
Cash at bank 20,920 8,466
24,158 14,474
Creditors
Amounts falling due within one year 7 253,033 247,637
Net current liabilities (228,875 ) (233,163 )
Total assets less current liabilities 443,730 441,292

Creditors
Amounts falling due after more than one
year

8

448,296

448,296
Net liabilities (4,566 ) (7,004 )

Capital and reserves
Called up share capital 10 100 100
Retained earnings 11 (4,666 ) (7,104 )
(4,566 ) (7,004 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 11 February 2025 and were signed on its behalf by:



J Hughes - Director


J W H Property Investments Limited (Registered number: 11487019)

Notes to the Financial Statements
for the year ended 31 July 2024


1. Statutory information

J W H Property Investments 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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investment property
Investment Property, which is property held to earn rentals and/or for capital appreciation is initially recognised at costs which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in the fair value are recognised in the profit and loss. Deferred taxation is provided on gains at the rate expected to apply when the property is 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, creditors, loans from the bank and other third parties, loans to related parties, and investment in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

J W H Property Investments Limited (Registered number: 11487019)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


4. Tangible fixed assets
Fixtures
and
fittings
£
Cost
At 1 August 2023
and 31 July 2024 9,250
Depreciation
At 1 August 2023 3,546
Charge for year 1,850
At 31 July 2024 5,396
Net book value
At 31 July 2024 3,854
At 31 July 2023 5,704

5. Investment property
Total
£
Fair value
At 1 August 2023
and 31 July 2024 668,751
Net book value
At 31 July 2024 668,751
At 31 July 2023 668,751

6. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors 2,681 3,713
Prepayments and accrued income 557 2,295
3,238 6,008

7. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 244,717 244,717
Accruals and deferred income 8,316 2,920
253,033 247,637

8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans - 1-2 years 448,296 448,296

J W H Property Investments Limited (Registered number: 11487019)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


9. Secured debts

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 448,296 448,296

State Bank of India (UK) Limited holds a fixed and floating charge over the assets of the company.
The Mortgage Works (UK) PLC holds a fixed and floating charge over the assets of the company.

10. Called up share capital

Allotted Class: Nominal 2024 2023
Number: value: £ £
52 Ordinary A 1 52 52
12 Ordinary B 1 12 12
12 Ordinary C 1 12 12
12 Ordinary D 1 12 12
12 Ordinary E 1 12 12
100 100

11. Reserves
Retained
earnings
£

At 1 August 2023 (7,104 )
Profit for the year 2,438
At 31 July 2024 (4,666 )

12. Related party disclosures

As at the balance sheet date, the company owed £242,036 (2023: £241,004) to related companies under common ownership.