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REGISTERED NUMBER: 08034458 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th September 2024

for

Whittle Estates Limited

Whittle Estates Limited (Registered number: 08034458)






Contents of the Financial Statements
for the year ended 30th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Whittle Estates Limited

Company Information
for the year ended 30th September 2024







DIRECTORS: Mr P Farrington
Mr R Ormisher





SECRETARY: Mr L Knight





REGISTERED OFFICE: Crosses Farm
Shaw Brow
Whittle le Woods
Chorley
Lancashire
PR6 7HG





REGISTERED NUMBER: 08034458 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Whittle Estates Limited (Registered number: 08034458)

Balance Sheet
30th September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,070,668 2,073,422

CURRENT ASSETS
Debtors 5 35,465 161,815
Cash at bank 306,323 116,637
341,788 278,452
CREDITORS
Amounts falling due within one year 6 28,535 15,386
NET CURRENT ASSETS 313,253 263,066
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,383,921

2,336,488

CREDITORS
Amounts falling due after more than one
year

7

(1,360,400

)

(1,366,601

)

PROVISIONS FOR LIABILITIES (41,877 ) -
NET ASSETS 981,644 969,887

CAPITAL AND RESERVES
Called up share capital 120 120
Revaluation reserve 8 184,930 184,930
Retained earnings 796,594 784,837
SHAREHOLDERS' FUNDS 981,644 969,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

Whittle Estates Limited (Registered number: 08034458)

Balance Sheet - continued
30th September 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 Board of Directors and authorised for issue on 6th June 2025 and were signed on its behalf by:





Mr P Farrington - Director


Whittle Estates Limited (Registered number: 08034458)

Notes to the Financial Statements
for the year ended 30th September 2024

1. STATUTORY INFORMATION

Whittle Estates 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 20% on cost

No depreciation is provided in respect of the land and buildings which are held as investments. This treatment may be a departure from the requirements of the Companies Act 2006 regarding depreciation of fixed assets, but the directors consider this accounting policy is necessary for the accounts to give a true and fair view, as the land and buildings are held for investment not consumption.

This policy was adopted on 1st October 2018.

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.

3. EMPLOYEES AND DIRECTORS

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

Whittle Estates Limited (Registered number: 08034458)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1st October 2023
and 30th September 2024 2,062,407 13,769 2,076,176
DEPRECIATION
At 1st October 2023 - 2,754 2,754
Charge for year - 2,754 2,754
At 30th September 2024 - 5,508 5,508
NET BOOK VALUE
At 30th September 2024 2,062,407 8,261 2,070,668
At 30th September 2023 2,062,407 11,015 2,073,422

Included in cost or valuation of land and buildings is freehold land of £ 2,062,407 (2023 - £ 2,062,407 ) which is not depreciated.

Cost or valuation at 30th September 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2019 184,930 - 184,930
Cost 1,877,477 13,769 1,891,246
2,062,407 13,769 2,076,176

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,877,477 1,877,477

Freehold land and buildings were valued on an open market basis on 28th March 2019 by Parkinson Real Estate .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,049 9,048
Other debtors 28,416 152,767
35,465 161,815

Whittle Estates Limited (Registered number: 08034458)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 21 1,550
Taxation and social security 19,380 7,081
Other creditors 9,134 6,755
28,535 15,386

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 1,360,400 1,366,601

8. RESERVES
Revaluation
reserve
£   
At 1st October 2023
and 30th September 2024 184,930

9. RELATED PARTY DISCLOSURES

The directors of the company are also directors of Kingsley Investments Limited.

As at the year end, the company was owed £25,000 in the form of a loan by Kingsley Investments Limited (2023 - £150,000). No interest was charged on the loan (2023 - nil).

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.