Waymor Limited 14533040 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is property investment. Digita Accounts Production Advanced 6.30.9574.0 true 14533040 2024-01-01 2024-12-31 14533040 2024-12-31 14533040 bus:OrdinaryShareClass1 2024-12-31 14533040 bus:OrdinaryShareClass2 2024-12-31 14533040 core:CurrentFinancialInstruments 2024-12-31 14533040 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 14533040 core:Non-currentFinancialInstruments 2024-12-31 14533040 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 14533040 core:FurnitureFittingsToolsEquipment 2024-12-31 14533040 bus:SmallEntities 2024-01-01 2024-12-31 14533040 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 14533040 bus:FilletedAccounts 2024-01-01 2024-12-31 14533040 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14533040 bus:RegisteredOffice 2024-01-01 2024-12-31 14533040 bus:Director1 2024-01-01 2024-12-31 14533040 bus:Director2 2024-01-01 2024-12-31 14533040 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 14533040 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 14533040 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14533040 bus:Agent1 2024-01-01 2024-12-31 14533040 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 14533040 core:OfficeEquipment 2024-01-01 2024-12-31 14533040 countries:AllCountries 2024-01-01 2024-12-31 14533040 2023-12-31 14533040 2022-12-09 2023-12-31 14533040 2023-12-31 14533040 bus:OrdinaryShareClass1 2023-12-31 14533040 bus:OrdinaryShareClass2 2023-12-31 14533040 core:CurrentFinancialInstruments 2023-12-31 14533040 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 14533040 core:Non-currentFinancialInstruments 2023-12-31 14533040 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 14533040 core:FurnitureFittingsToolsEquipment 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14533040

Waymor Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Waymor Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Waymor Limited

Company Information

Directors

Ms Talia Mor

Mr Ofer Mor

Registered office

34 Holders Hill Drive
London
NW4 1NJ

Accountants

Sterlings Ltd
Chartered AccountantsLawford House
Albert Place
London
N3 1QA

 

Waymor Limited

(Registration number: 14533040)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

954

-

Investment property

5

1,202,100

1,149,790

 

1,203,054

1,149,790

Current assets

 

Debtors

6

8,352

11,136

Cash at bank and in hand

 

8,002

964

 

16,354

12,100

Creditors: Amounts falling due within one year

7

(614,564)

(524,055)

Net current liabilities

 

(598,210)

(511,955)

Total assets less current liabilities

 

604,844

637,835

Creditors: Amounts falling due after more than one year

7

(659,080)

(659,072)

Net liabilities

 

(54,236)

(21,237)

Capital and reserves

 

Called up share capital

8

200

200

Profit and loss account

(54,436)

(21,437)

Shareholders' deficit

 

(54,236)

(21,237)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 August 2025 and signed on its behalf by:
 

 

Waymor Limited

(Registration number: 14533040)
Balance Sheet as at 31 December 2024

.........................................
Ms Talia Mor
Director

 

Waymor Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in Engand and Wales.

The address of its registered office is:
34 Holders Hill Drive
London
NW4 1NJ
England

These financial statements were authorised for issue by the Board on 18 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Waymor Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Asset class

Depreciation method and rate

Office equipment

25% - Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Waymor Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

1,174

1,174

At 31 December 2024

1,174

1,174

Depreciation

Charge for the year

220

220

At 31 December 2024

220

220

Carrying amount

At 31 December 2024

954

954

At 31 December 2023

-

-

5

Investment properties

2024
£

At 1 January

1,149,790

Additions

52,310

At 31 December

1,202,100

There has been no valuation of investment property by an independent valuer.

6

Debtors

Current

2024
£

2023
£

Prepayments

8,352

11,136

 

8,352

11,136

 

Waymor Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

480

1,480

Other creditors

614,084

522,575

614,564

524,055

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

659,080

659,072

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary A shares of £1 each

100

100

100

100

Ordinary A shares of £1 each

100

100

100

100

200

200

200

200

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

659,080

659,072

10

Related party transactions

Other creditors’ total amount of £614,085 (2023 – 522,575) is owed to the directors. The loans are provided interest free and are unsecured. There are no formal terms and conditions regarding repayment of the loans.

 

Waymor Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

12 Ultimate controlling party

There is no overall control of the company by any one person.