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REGISTERED NUMBER: 09647650 (England and Wales)












ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

WBR PROPERTIES LTD

WBR PROPERTIES LTD (REGISTERED NUMBER: 09647650)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WBR PROPERTIES LTD

COMPANY INFORMATION
for the year ended 30 June 2024







DIRECTORS: Dr G M Reynolds
Dr L Wang





REGISTERED OFFICE: Uplands Coopers Hill
Alvechurch
Birmingham
West Midlands
B48 7BX





REGISTERED NUMBER: 09647650 (England and Wales)






WBR PROPERTIES LTD (REGISTERED NUMBER: 09647650)

ABRIDGED BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 1,200,000 1,200,000

CURRENT ASSETS
Debtors 962 863
Cash at bank 25,234 31,725
26,196 32,588
CREDITORS
Amounts falling due within one year 18,882 15,987
NET CURRENT ASSETS 7,314 16,601
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,207,314

1,216,601

CREDITORS
Amounts falling due after more than one
year

(453,382

)

(513,182

)

PROVISIONS FOR LIABILITIES (116,129 ) (116,129 )
NET ASSETS 637,803 587,290

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 637,703 587,190
SHAREHOLDERS' FUNDS 637,803 587,290

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.

WBR PROPERTIES LTD (REGISTERED NUMBER: 09647650)

ABRIDGED BALANCE SHEET - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 March 2025 and were signed on its behalf by:





Dr G M Reynolds - Director


WBR PROPERTIES LTD (REGISTERED NUMBER: 09647650)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024

1. 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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

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.

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.

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.

2. EMPLOYEES AND DIRECTORS

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

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,200,000
NET BOOK VALUE
At 30 June 2024 1,200,000
At 30 June 2023 1,200,000

WBR PROPERTIES LTD (REGISTERED NUMBER: 09647650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

3. INVESTMENT PROPERTY - continued

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2019 364,510
Valuation in 2023 100,000
Cost 735,490
1,200,000

4. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.