Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30falseNo description of principal activityfalsetrue2023-12-0111trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14500822 2023-12-01 2024-11-30 14500822 2022-11-23 2023-11-30 14500822 2024-11-30 14500822 2023-11-30 14500822 c:Director1 2023-12-01 2024-11-30 14500822 d:LeaseholdInvestmentProperty 2023-12-01 2024-11-30 14500822 d:LeaseholdInvestmentProperty 2024-11-30 14500822 d:CurrentFinancialInstruments 2024-11-30 14500822 d:CurrentFinancialInstruments 2023-11-30 14500822 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 14500822 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14500822 d:ShareCapital 2024-11-30 14500822 d:ShareCapital 2023-11-30 14500822 d:RetainedEarningsAccumulatedLosses 2024-11-30 14500822 d:RetainedEarningsAccumulatedLosses 2023-11-30 14500822 c:OrdinaryShareClass1 2023-12-01 2024-11-30 14500822 c:OrdinaryShareClass1 2024-11-30 14500822 c:OrdinaryShareClass1 2023-11-30 14500822 c:FRS102 2023-12-01 2024-11-30 14500822 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 14500822 c:FullAccounts 2023-12-01 2024-11-30 14500822 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 14500822 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14500822









WHALE NO 5 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
WHALE NO 5 LIMITED
REGISTERED NUMBER: 14500822

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
3,696,906
-

  
3,696,906
-

Current assets
  

Debtors: amounts falling due within one year
 5 
29,782
619,668

  
29,782
619,668

Creditors: amounts falling due within one year
 6 
(3,693,279)
(623,768)

Net current liabilities
  
 
 
(3,663,497)
 
 
(4,100)

Total assets less current liabilities
  
33,409
(4,100)

  

Net assets/(liabilities)
  
33,409
(4,100)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
33,309
(4,200)

  
33,409
(4,100)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
H Liu
Director
Page 1

 
WHALE NO 5 LIMITED
REGISTERED NUMBER: 14500822
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024


Date: 6 August 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
WHALE NO 5 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Whale No 5 Limited is a private company limited by shares incorporated in England and Wales. The registered office is at 124 Finchley Road, London, NW3 5JS. The company's principal activity is property investment.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue comprises turnover recognised by the Company in respect of rental income receivable during the year with amounts recognised in accordance with the underlying contractual arrangementon a straight line basis over the term of occupancy and is measured at the fair value of the consideration receivable.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.4

Investment property

On initial recognition, investment properties are recognised at cost and subsequently held at such.                                   
No fair value revaluation is accounted for against said investment properties on the grounds that the director is of the opinion that the fair value of those investment properties held does not materially differ from its historical cost.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
WHALE NO 5 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including the director, during the year was as follows:


Year ended 30 November
     Period ended
      30 November
        2024
        2023
            No.
            No.







Director
1
1


4.


Investment property


Long term leasehold investment property

£



Valuation


Additions at cost
3,696,906



At 30 November 2024
3,696,906

The 2024 valuations were made by director, on an open market value for existing use basis.







Page 4

 
WHALE NO 5 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
20,883
-

Other debtors
-
619,668

Prepayments and accrued income
8,899
-

29,782
619,668



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,760
-

Corporation tax
10,989
-

Other creditors
3,616,469
621,008

Accruals and deferred income
63,061
2,760

3,693,279
623,768



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary  shares of £1.00 each
100
100



8.


Related party transactions

At 30 November 2024 the company owed H Liu £3,616,469 (2023: £621,008).


9.


Controlling party

The ultimate parent undertaking is WHALE ASSET HOLDINGS PTE. LTD. The address of its registered office is 100 Tras Street 16-01 100 AM Singapore (079027).

 
Page 5