1 January 2024 false No description of principal activity Taxfiler 2024.6 13712202 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13712202 2023-12-31 13712202 2024-01-01 2024-12-31 13712202 business:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13712202 business:FilletedAccounts 2024-01-01 2024-12-31 13712202 2024-12-31 13712202 2023-12-31 13712202 core:WithinOneYear 2024-12-31 13712202 core:WithinOneYear 2023-12-31 13712202 core:AfterOneYear 2024-12-31 13712202 core:AfterOneYear 2023-12-31 13712202 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 13712202 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 13712202 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 13712202 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 13712202 core:PreviouslyStatedAmount 2024-12-31 13712202 core:PreviouslyStatedAmount 2023-12-31 13712202 business:SmallEntities 2024-01-01 2024-12-31 13712202 business:Director1 2024-01-01 2024-12-31 13712202 countries:EnglandWales 2024-01-01 2024-12-31 13712202 business:RegisteredOffice 2024-01-01 2024-12-31 13712202 core:FurnitureFittings 2023-12-31 13712202 core:FurnitureFittings 2024-12-31 13712202 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13712202 (England and Wales)
WOLVERTON PARK LIMITED Unaudited accounts for the year ended 31 December 2024
WOLVERTON PARK LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
657
657
Investment property
5
45,550,000
44,734,343
45,550,657
44,735,000
Current assets
Debtors
6
330,113
335,823
Cash at bank and in hand
1,213,105
785,823
1,543,218
1,121,646
Creditors: amounts falling due within one year
7
(1,496,247)
(1,208,413)
Net current assets/(liabilities)
46,971
(86,767)
Total assets less current liabilities
45,597,628
44,648,233
Creditors: amounts falling due after more than one year
8
(34,315,710)
(34,286,473)
Provisions for liabilities
Deferred tax
(243,069)
(260,190)
Net assets
11,038,849
10,101,570
Capital and reserves
Called up share capital
11,061,000
9,881,000
Profit and loss account
(22,151)
220,570
Shareholders' funds
11,038,849
10,101,570
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 31 March 2025 and were signed on its behalf by
Christos DIMITRIADIS Director Company Registration No. 13712202
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WOLVERTON PARK LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
WOLVERTON PARK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13712202. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, 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 remained unchanged from the previous year, and also 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
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 January 2024
657
At 31 December 2024
657
Depreciation
At 31 December 2024
-
Net book value
At 31 December 2024
657
At 31 December 2023
657
5
Investment property
2024
£
Fair value at 1 January 2024
44,734,343
Additions
815,657
At 31 December 2024
45,550,000
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WOLVERTON PARK LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
368
538
Trade debtors
62,349
95,567
Accrued income and prepayments
239,413
211,735
302,130
307,840
Amounts falling due after more than one year
Amounts due from group undertakings etc.
27,983
27,983
7
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
9,135
6,492
Trade creditors
900,656
526,752
Other creditors
295,726
272,391
Accruals
290,730
402,778
1,496,247
1,208,413
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
25,559,544
25,746,411
Amounts owed to group undertakings and other participating interests
8,756,166
8,470,318
Accruals
-
69,744
34,315,710
34,286,473
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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