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REGISTERED NUMBER: 10486342 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

WOODLANDS PROP INVESTMENTS LIMITED

WOODLANDS PROP INVESTMENTS LIMITED (REGISTERED NUMBER: 10486342)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOODLANDS PROP INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mrs N Gupta-Chaudhary





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 10486342 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

WOODLANDS PROP INVESTMENTS LIMITED (REGISTERED NUMBER: 10486342)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Investment property 4 3,350,000 3,350,000

CURRENT ASSETS
Debtors 5 50,304 34,429
Cash at bank 364,385 336,106
414,689 370,535
CREDITORS
Amounts falling due within one year 6 (39,781 ) (29,000 )
NET CURRENT ASSETS 374,908 341,535
TOTAL ASSETS LESS CURRENT LIABILITIES 3,724,908 3,691,535

CREDITORS
Amounts falling due after more than one
year

7

(1,532,365

)

(1,560,633

)
NET ASSETS 2,192,543 2,130,902

CAPITAL AND RESERVES
Called up share capital 10 200 200
Share premium 11 2,186,966 2,186,966
Retained earnings 11 5,377 (56,264 )
SHAREHOLDERS' FUNDS 2,192,543 2,130,902

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

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

WOODLANDS PROP INVESTMENTS LIMITED (REGISTERED NUMBER: 10486342)

BALANCE SHEET - continued
31 MARCH 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 14 March 2025 and were signed by:





Mrs N Gupta-Chaudhary - Director


WOODLANDS PROP INVESTMENTS LIMITED (REGISTERED NUMBER: 10486342)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Woodlands Prop 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.

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 rents received from company's investment properties.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 3,350,000
NET BOOK VALUE
At 31 March 2024 3,350,000
At 31 March 2023 3,350,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 8,304 4,129
Amounts owed by related party 42,000 25,000
Directors' current accounts - 5,300
50,304 34,429

WOODLANDS PROP INVESTMENTS LIMITED (REGISTERED NUMBER: 10486342)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts (see note 8) 24,000 24,000
Taxation 5,953 -
Social security and other taxes 198 200
Directors' current accounts 30 -
Accruals and deferred income 9,600 4,800
39,781 29,000

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans (see note 8) 1,532,365 1,560,633

8. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 24,000 24,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 24,000 24,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,508,365 1,536,633

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 1,556,365 1,584,633

The bank loan is secured by a fixed and floating charge over company's investment properties and other assets.

WOODLANDS PROP INVESTMENTS LIMITED (REGISTERED NUMBER: 10486342)

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


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
200 Ordinary £1 200 200

11. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2023 (56,264 ) 2,186,966 2,130,702
Profit for the year 81,641 81,641
Dividends (20,000 ) (20,000 )
At 31 March 2024 5,377 2,186,966 2,192,343

On 11 August 2022 the company allotted additional 100 Ordinary shares of £1 each to Mr and Mrs Gupta-Chaudhary in exchange for their partnership property investment business. The company acquired investment properties with a value of £3,350,000 and assumed liabilities of £1,162,934.

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mr V K Gupta-Chaudhary and Mrs N Gupta-Chaudhary
Balance outstanding at start of year 5,300 -
Amounts advanced 37,670 5,300
Amounts repaid (43,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (30 ) 5,300

13. RELATED PARTY DISCLOSURES

The company considers Woodland (West London) Limited and Woodland Property Development Limited to be related parties, as Mrs. Gupta-Chaudhary is a director and shareholder of both companies.

During the period the company made a loan of £19,000 (2023 - £25,000) to Woodland (West London) Limited and £23,000 (2023 - £Nil) to Woodland Property Development Limited.