CLAREMONT DEVELOPMENTS WSM LIMITED


Director	GERRARD, James Paul


Registered Address	10 Lower Thames Street
	London
	EC3R 6AF


Registered Number	15274475 (England and Wales)

Balance Sheet as at
30 November 2024

	Notes	2024
		£	£
Called up share capital not paid			101
Fixed assets
Tangible assets	3		1
			1
Current assets
Debtors		1,717,259
Cash at bank and on hand		19,651
		1,736,910
Creditors amounts falling due within one year	4	(1,185)
Net current assets (liabilities)			1,735,826
Total assets less current liabilities			1,735,827
Creditors amounts falling due after one year	5		(1,868,942)
Net assets			(133,115)
Capital and reserves
Called up share capital			101
Share premium			20,000
Profit and loss account			(153,216)
Shareholders' funds			(133,115)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 4 September 2025, and are signed on its behalf by:

GERRARD, James Paul
Director
Registered Company No. 15274475

CLAREMONT DEVELOPMENTS WSM LIMITED

Notes to the Financial Statements
for the period ended 30 November 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees
	The Company is run and administered by the directors of the company of which no formal employment contracts in place.


		2024
	Average number of employees during the year	0

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
Additions	1,100,000	1,100,000
Disposals	(1,099,999)	(1,099,999)
At 30 November 24	1	1
Net book value
At 30 November 24	1	1
At 09 November 23	-	-

4.	Creditors: amounts due within one year

		2024
		£
	Trade creditors / trade payables	185
	Other creditors	1,000
	Total	1,185

5.	Creditors: amounts due after one year

		2024
		£
	Other creditors	1,868,942
	Total	1,868,942

6.	Parent-subsidiary relationships
	Claremont Developments WSM Limited is the parent company and has ultimate control of Claremont Developments WSM Operations Limited. As at the balance sheet date, Claremont Developments WSM Operations Limited owed Claremont Developments WSM Limited £1,706,818.