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Company No: 04919081 (England and Wales)

WHISPER CONSTRUCTION LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

WHISPER CONSTRUCTION LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

WHISPER CONSTRUCTION LIMITED

COMPANY INFORMATION

For the financial year ended 30 June 2024
WHISPER CONSTRUCTION LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 June 2024
Director David Elliott Pullen
Secretary Simon Edwardes
Registered office Trident House
Grassington Road
Sidcup
DA14 6BY
United Kingdom
Company number 04919081 (England and Wales)
Accountant Kreston Reeves LLP
2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WHISPER CONSTRUCTION LIMITED

For the financial year ended 30 June 2024

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WHISPER CONSTRUCTION LIMITED (continued)

For the financial year ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Whisper Construction Limited for the financial year ended 30 June 2024 which comprise the Balance Sheet, the Statement of Changes in Equity and the related notes 1 to 10 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that Whisper Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Whisper Construction Limited. You consider that Whisper Construction Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Whisper Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Director of Whisper Construction Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Whisper Construction Limited and state those matters that we have agreed to state to the director of Whisper Construction Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Whisper Construction Limited and its Director as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ

26 March 2025

WHISPER CONSTRUCTION LIMITED

BALANCE SHEET

As at 30 June 2024
WHISPER CONSTRUCTION LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 309 386
Investment property 4 445,001 445,001
445,310 445,387
Current assets
Debtors 5 27,712 24,400
Cash at bank and in hand 6 1,254 1,320
28,966 25,720
Creditors: amounts falling due within one year 7 ( 214,655) ( 96,726)
Net current liabilities (185,689) (71,006)
Total assets less current liabilities 259,621 374,381
Creditors: amounts falling due after more than one year 8 ( 2,434) ( 104,127)
Provision for liabilities 9 ( 20,757) ( 29,649)
Net assets 236,430 240,605
Capital and reserves
Called-up share capital 10 1 1
Undistributable reserve 219,439 219,439
Profit and loss account 16,990 21,165
Total shareholder's funds 236,430 240,605

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Whisper Construction Limited (registered number: 04919081) were approved and authorised for issue by the Director on 26 March 2025. They were signed on its behalf by:

David Elliott Pullen
Director
WHISPER CONSTRUCTION LIMITED

STATEMENT OF CHANGES IN EQUITY

For the financial year ended 30 June 2024
WHISPER CONSTRUCTION LIMITED

STATEMENT OF CHANGES IN EQUITY (continued)

For the financial year ended 30 June 2024
Called-up share capital Undistributable reserve Profit and loss account Total
£ £ £ £
At 01 July 2022 1 226,603 ( 23,384) 203,220
Profit for the financial year 0 0 37,385 37,385
Total comprehensive income 0 0 37,385 37,385
Movement between reserves 0 ( 7,164) 7,164 0
At 30 June 2023 1 219,439 21,165 240,605
At 01 July 2023 1 219,439 21,165 240,605
Loss for the financial year 0 0 ( 4,175) ( 4,175)
Total comprehensive loss 0 0 ( 4,175) ( 4,175)
At 30 June 2024 1 219,439 16,990 236,430
WHISPER CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
WHISPER CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Whisper Construction Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Trident House, Grassington Road, Sidcup, DA14 6BY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment 20 % reducing balance
Computer equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 2

3. Tangible assets

Office equipment Computer equipment Total
£ £ £
Cost
At 01 July 2023 485 0 485
At 30 June 2024 485 0 485
Accumulated depreciation
At 01 July 2023 99 0 99
Charge for the financial year 77 0 77
At 30 June 2024 176 0 176
Net book value
At 30 June 2024 309 0 309
At 30 June 2023 386 0 386

4. Investment property

Investment property
£
Valuation
As at 01 July 2023 445,001
As at 30 June 2024 445,001

The 2023 valuations were made by Miles & Barr, on an open market value for existing use basis. The director agrees that this valuation remains accurate for 2024.

5. Debtors

2024 2023
£ £
Trade debtors 6,708 11,650
Amounts owed by associates 20,450 12,750
Other debtors 554 0
27,712 24,400

6. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 1,254 1,320
Less: Bank overdrafts ( 1,851) 0
(597) 1,320

7. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans and overdrafts 103,543 1,692
Trade creditors 21,731 16,303
Amounts owed to director 60,581 46,934
Accruals 2,800 2,475
Other taxation and social security 0 3,322
Other creditors 26,000 26,000
214,655 96,726

8. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 2,434 104,127

Included within bank loans are total amounts of £104,126 which are secured by a fixed charge against properties owned by the Company. They are also secured by way of a fixed and floating charge over all other assets of the company.

9. Provision for liabilities

2024 2023
£ £
Deferred tax 20,757 29,649
Deferred taxation Total
£ £
At 01 July 2023 29,649 29,649
Credited to the Profit and Loss Account ( 8,892) ( 8,892)
At 30 June 2024 20,757 20,757

Deferred tax

2024 2023
£ £
Accelerated capital allowances 77 97
Tax losses available ( 18,082) ( 14,835)
Other timing differences 38,762 44,387
Provision for deferred tax 20,757 29,649

10. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1