REGISTERED NUMBER: 14048596 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WS MARKETPLACE 6 LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

AP Kent

REGISTERED OFFICE:

4th Floor

6 Market Place

London

W1W 8AF

REGISTERED NUMBER:

14048596 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

4th Floor

St James House

St James Square

Cheltenham

Gloucestershire

GL50 3PR

FIXED ASSETS

Property, plant and equipment

4

2,710

3,613

Investment property

5

2,480,000

3,954,371

2,482,710

3,957,984

CURRENT ASSETS

Debtors

6

197,470

439,419

Cash at bank

5,328

105,897

202,798

545,316

CREDITORS

Amounts falling due within one year

7

4,203,543

4,309,831

NET CURRENT LIABILITIES

(4,000,745

)

(3,764,515

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,518,035

)

193,469

PROVISIONS FOR LIABILITIES

677

903

NET (LIABILITIES)/ASSETS

(1,518,712

)

192,566

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,518,812

)

192,466

SHAREHOLDERS' FUNDS

(1,518,712

)

192,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

AP Kent - Director

1.	STATUTORY INFORMATION

WS Marketplace 6 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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

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 Comprehensive Income, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2023 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

Cost

At 1 January 2024

and 31 December 2024

4,818

Depreciation

At 1 January 2024

1,205

Charge for year

903

At 31 December 2024

2,108

Net book value

At 31 December 2024

2,710

At 31 December 2023

3,613

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 January 2024

3,954,371

Additions

298,480

Revaluations

(1,772,851

)

At 31 December 2024

2,480,000

Net book value

At 31 December 2024

2,480,000

At 31 December 2023

3,954,371

Investment properties were valued by the directors on a market value basis at 31 December 2024 in accordance with note 2.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

(1,772,851

)

Cost

4,252,851

2,480,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

82

Amounts owed by group undertakings

59,933

-

Other debtors

137,537

439,337

197,470

439,419

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,202

11,565

Amounts owed to group undertakings

4,103,264

4,208,381

Other creditors

99,077

89,885

4,203,543

4,309,831