REGISTERED NUMBER: |
J W H Property Investments Limited |
Unaudited Financial Statements |
for the Year Ended 31 July 2024 |
REGISTERED NUMBER: |
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: |
Secretary: |
Registered office: |
Registered number: |
Accountants: |
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 |
Investment property | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year |
8 |
Net liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital | 10 |
Retained earnings | 11 | ( |
) | ( |
) |
( |
) | ( |
) |
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 were approved by the Board of Directors and authorised for issue on |
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 |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
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 |
Fixtures and fittings | - |
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 |
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 |
Depreciation |
At 1 August 2023 |
Charge for year |
At 31 July 2024 |
Net book value |
At 31 July 2024 |
At 31 July 2023 |
5. | Investment property |
Total |
£ |
Fair value |
At 1 August 2023 |
and 31 July 2024 |
Net book value |
At 31 July 2024 |
At 31 July 2023 |
6. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other debtors |
Prepayments and accrued income |
7. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other creditors |
Accruals and deferred income |
8. | Creditors: amounts falling due after more than one year |
2024 | 2023 |
£ | £ |
Bank loans - 1-2 years |
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 |
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 | ( |
) |
Profit for the year |
At 31 July 2024 | ( |
) |
12. | Related party disclosures |
As at the balance sheet date, the company owed £242,036 (2023: £241,004) to related companies under common ownership. |