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Draft
Whathi Limited
Registered Number:10492142
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 November 2024
Whathi Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Draft
Registered Number :
10492142
As at 30 November 2024
Whathi Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
21,085,918
19,700,893
2
21,085,918
19,700,893
Current assets
Trade and other receivables
1,523,538
783,265
3
40,981
Cash and cash equivalents
25,555
808,820
1,564,519
Trade and other payables: amounts falling due within one year
(258,378)
(1,035,767)
4
1,306,141
(226,947)
Net current liabilities
Total assets less current liabilities
20,858,971
21,007,034
Trade and other payables: amounts falling due after more than one
year
(6,403,021)
(6,158,578)
5
14,700,393
Net assets
14,604,013
Capital and reserves
Called up share capital
1,300
1,300
Share premium account
12,623,700
12,623,700
Retained earnings
2,075,393
1,979,013
14,700,393
14,604,013
Shareholders' funds
For the year ended 30 November 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr Vk Mittal Director
These financial statements were approved and authorised for issue by the Board on 25 July 2025 and were signed by:
The notes form part of these financial statements
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Draft
For the year ended 30 November 2024
Whathi Limited
Notes to the Financial Statements
Statutory Information
Whathi Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 10492142.
Registered address:
45A
Boundaries Road
London
SW12 8EU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Land and
Buildings
£
Cost or valuation
At 01 December 2023
19,700,893
1,385,025
Additions
At 30 November 2024
21,085,918
At 30 November 2024
Net book value
21,085,918
At 30 November 2023
19,700,893
3. Trade and other receivables
2023
2024
£
£
Other debtors
783,265
1,523,538
The debtors above include the following amounts falling due after more than one year:
Other debtors
711,805
2,238,496
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5
Draft
For the year ended 30 November 2024
Whathi Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
29,647
23,047
Other creditors
1,006,120
235,331
1,035,767
258,378
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
5,838,754
6,154,684
248,337
319,824
Directors' loan accounts
6,158,578
6,403,021
The company has bank loans from Handelsbanken Bank, secured on the assets of the company. The total outstanding loans are £1,800,000 taken out in November 2022 and £5,410,696 taken out in May 2022. Both loans are repayable in five years and bear interest at a rate of 7.45% over LIBOR.
6. Average number of persons employed
During the year the average number of employees was 0
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