WL INVESTMENT PROPERTIES LIMITED

Company Registration Number:
SC782278 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 12 September 2023

End date: 30 September 2024

WL INVESTMENT PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

WL INVESTMENT PROPERTIES LIMITED

Balance sheet

As at 30 September 2024


Notes
13 months to 30 September 2024


£
Fixed assets
Investments: 3 86,088
Total fixed assets: 86,088
Current assets
Cash at bank and in hand: 3,510
Total current assets: 3,510
Creditors: amounts falling due within one year: 4 (30,750)
Net current assets (liabilities): (27,240)
Total assets less current liabilities: 58,848
Creditors: amounts falling due after more than one year: 5 (60,000)
Total net assets (liabilities): (1,152)
Capital and reserves
Called up share capital: 100
Profit and loss account: (1,252)
Shareholders funds: (1,152)

The notes form part of these financial statements

WL INVESTMENT PROPERTIES LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 11 September 2025
and signed on behalf of the board by:

Name: G Smith
Status: Director

The notes form part of these financial statements

WL INVESTMENT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover: Turnover represents rental income which is recognised evenly over the term of each tenancy.

Valuation and information policy

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.

Other accounting policies

Taxation: Taxation for the Period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

WL INVESTMENT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

13 months to 30 September 2024
Average number of employees during the period 0

WL INVESTMENT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Fixed investments

Investment property: At Fair value: Additions in period - £86,088 Net book value at period end - £86,088

WL INVESTMENT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

Other Creditors - £30,000 Accruals and Deferred Income - £750 Total - £30,750

WL INVESTMENT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due after more than one year note

Amounts falling due between two and five years: Bank Loans - £60,000 The Bank Loans are secured by way of a fixed charge over the Company's Investment Properties.

WL INVESTMENT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Related party transactions

During the period a loan of £30,000 was provided by a Related Company. This loan was made on an interest free basis and repayable on demand.