17 December 2023 false No description of principal activity Taxfiler 2024.6 15357106business:PrivateLimitedCompanyLtd2023-12-172024-12-31 153571062023-12-16 153571062023-12-172024-12-31 15357106business:AuditExemptWithAccountantsReport2023-12-172024-12-31 15357106business:FilletedAccounts2023-12-172024-12-31 153571062024-12-31 15357106business:Director12023-12-172024-12-31 15357106business:Director22023-12-172024-12-31 15357106business:RegisteredOffice2023-12-172024-12-31 15357106core:WithinOneYear2024-12-31 15357106core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 15357106core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 15357106core:PreviouslyStatedAmount2024-12-31 15357106business:SmallEntities2023-12-172024-12-31 15357106countries:EnglandWales2023-12-172024-12-31 15357106core:WithinOneYear2023-12-172024-12-31 15357106business:Director112023-12-172024-12-31 15357106business:Director112023-12-16 15357106business:Director112024-12-31 15357106business:Director222023-12-172024-12-31 15357106business:Director222023-12-16 15357106business:Director222024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 15357106 (England and Wales)
WM Property Developments Ltd Unaudited accounts for the period from 17 December 2023 to 31 December 2024
WM Property Developments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WM Property Developments Ltd Company Information for the period from 17 December 2023 to 31 December 2024
Directors
James McBride Phoebe Williams
Company Number
15357106 (England and Wales)
Registered Office
Avenue Hq 10-12 East Parade Leeds West Yorkshire LS1 2BH England
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WM Property Developments Ltd Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Investment property
4
182,538 
Current assets
Cash at bank and in hand
13,893 
Creditors: amounts falling due within one year
5
(217,645)
Net current liabilities
(203,752)
Net liabilities
(21,214)
Capital and reserves
Called up share capital
2 
Profit and loss account
(21,216)
Shareholders' funds
(21,214)
For the period ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
James McBride Director Company Registration No. 15357106
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WM Property Developments Ltd Notes to the Accounts for the period from 17 December 2023 to 31 December 2024
1
Statutory information
WM Property Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 15357106. The registered office is Avenue Hq, 10-12 East Parade, Leeds, West Yorkshire, LS1 2BH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Additions
182,538 
At 31 December 2024
182,538 
5
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
125,532 
Loans from directors
91,153 
Accruals
960 
217,645 
Within creditors is a bridging loan from Ascot Bridging Finance of £125,532. This loan was used to partially fund the acquisition of an investment property, and its refurbishment. The bridging loan was refinanced with a long term mortgage in April 2025. Personal guarantees by the directors were provided to Ascot Bridging Finance up to the amount borrowed.
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WM Property Developments Ltd Notes to the Accounts for the period from 17 December 2023 to 31 December 2024
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
James McBride
Director loan credit
- 
(32,174)
- 
(32,174)
Phoebe Williams
Director loan credit
- 
(58,980)
- 
(58,980)
- 
(91,154)
- 
(91,154)
No interest has been charged on the director loan credits. The loan funding from the directors was used to partially fund the purchase of the investment property, and its refurbishment.
7
Average number of employees
During the period the average number of employees was 0.
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