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REGISTERED NUMBER: 08250561 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

WIFFY1964 TRADING LTD

WIFFY1964 TRADING LTD (REGISTERED NUMBER: 08250561)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


WIFFY1964 TRADING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: M C O Newson-Smith





REGISTERED OFFICE: First Floor
336 Molesey Road
Hersham
Walton on Thames
Surrey
KT12 3PD





REGISTERED NUMBER: 08250561 (England and Wales)





ACCOUNTANTS: The McWhirter Partnership Limited
Chartered Accountants
336 Molesey Road
Hersham
Walton on Thames
Surrey
KT12 3PD

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WIFFY1964 TRADING LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wiffy1964 Trading Ltd for the year ended 31 July 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Wiffy1964 Trading Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wiffy1964 Trading Ltd and state those matters that we have agreed to state to the director of Wiffy1964 Trading Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wiffy1964 Trading Ltd and its director for our work or for this report.

It is your duty to ensure that Wiffy1964 Trading Ltd 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 profit of Wiffy1964 Trading Ltd. You consider that Wiffy1964 Trading Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wiffy1964 Trading Ltd. 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.






The McWhirter Partnership Limited
Chartered Accountants
336 Molesey Road
Hersham
Walton on Thames
Surrey
KT12 3PD


4 June 2025

WIFFY1964 TRADING LTD (REGISTERED NUMBER: 08250561)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 88 118
Investment property 5 278,496 278,496
278,584 278,614

CURRENT ASSETS
Debtors 6 35,867 79,178
Investments 7 2,985,477 2,985,477
Cash at bank 71,316 -
3,092,660 3,064,655
CREDITORS
Amounts falling due within one year 8 3,361,495 3,337,603
NET CURRENT LIABILITIES (268,835 ) (272,948 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,749 5,666

CREDITORS
Amounts falling due after more than one
year

9

9,626

19,461
NET ASSETS/(LIABILITIES) 123 (13,795 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 122 (13,796 )
SHAREHOLDERS' FUNDS 123 (13,795 )

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 director acknowledges his 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.

WIFFY1964 TRADING LTD (REGISTERED NUMBER: 08250561)

BALANCE SHEET - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 June 2025 and were signed by:





M C O Newson-Smith - Director


WIFFY1964 TRADING LTD (REGISTERED NUMBER: 08250561)

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

1. STATUTORY INFORMATION

Wiffy1964 Trading Ltd 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 commission received on the sale of property.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

WIFFY1964 TRADING LTD (REGISTERED NUMBER: 08250561)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 899
DEPRECIATION
At 1 August 2023 781
Charge for year 30
At 31 July 2024 811
NET BOOK VALUE
At 31 July 2024 88
At 31 July 2023 118

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 278,496
NET BOOK VALUE
At 31 July 2024 278,496
At 31 July 2023 278,496

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,167 14,167
Other debtors 21,700 65,011
35,867 79,178

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Property investment 2,985,477 2,985,477

Current Asset Investments represent the cost of property developments acquired for resale.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,836 26,507
Taxation and social security 10,052 1,699
Other creditors 3,341,607 3,309,397
3,361,495 3,337,603

WIFFY1964 TRADING LTD (REGISTERED NUMBER: 08250561)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 9,626 19,461

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Secured Loan 270,000 270,000

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company loaned the director MCO Newson-Smith £21,466 (2023 - £41,909) which remained outstanding as at 31 July 2024. The loan was repaid on 30 April 2025 and interest was charged on the loan ar 2.25%.



12. GOING CONCERN

The accounts have been prepared on a going concern basis which the director believes is appropriate with the continuing support of its creditors.