Company Registration No. 04767482 (England and Wales)
Winyates Property Investment Limited
Unaudited accounts
for the year ended 30 June 2025
Winyates Property Investment Limited
Unaudited accounts
Contents
Winyates Property Investment Limited
Company Information
for the year ended 30 June 2025
Company Number
04767482 (England and Wales)
Registered Office
Unit 5, Swaker Yard
2B Theobald Street
Herts
WD6 4SE
United Kingdom
Accountants
Platts
Unit 5 Swaker Yard
2b Theobald Street
Herts
WD6 4SE
Winyates Property Investment Limited
Statement of financial position
as at 30 June 2025
Tangible assets
2,133
2,844
Investment property
1,220,000
1,220,000
Cash at bank and in hand
53,110
184,491
Creditors: amounts falling due within one year
(950,639)
(750,464)
Net current liabilities
(629,897)
(365,078)
Total assets less current liabilities
592,236
857,766
Creditors: amounts falling due after more than one year
(597,677)
(906,648)
Provisions for liabilities
Deferred tax
(109,413)
(109,413)
Net liabilities
(114,854)
(158,295)
Called up share capital
2
2
Revaluation reserve
466,182
466,182
Profit and loss account
(581,038)
(624,479)
Shareholders' funds
(114,854)
(158,295)
For the year ending 30 June 2025 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 18 September 2025 and were signed on its behalf by
Mr G R Hamblyn
Director
Company Registration No. 04767482
Winyates Property Investment Limited
Notes to the Accounts
for the year ended 30 June 2025
Winyates Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 04767482. The registered office is Unit 5, Swaker Yard, 2B Theobald Street , Herts , WD6 4SE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration of rental income received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Winyates Property Investment Limited
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 July 2024
1,220,000
Amounts falling due within one year
Amounts due from group undertakings etc.
239,188
187,713
Other debtors
28,444
13,182
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
331,225
41,520
Amounts owed to group undertakings and other participating interests
616,414
705,944
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
597,677
906,648
The bank loans are repayable after more than one year and are secured by a fixed and floating charge over the company's property investments.
Winyates Property Investment Limited
Notes to the Accounts
for the year ended 30 June 2025
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Transactions with related parties
The Amounts due from group undertakings is represented by Globe Universal Limited in the sum of £136,784 (2024 - £117,713) and Roundhill Developments Limited in the sum of £102,404 (2024 - £Nil) respectively in which Mr G R Hamblyn is a Director and Shareholder and is interest free and repayable on demand.
The Amounts owed to group undertakings is represented by Centerland Limited, Church Road Investments Limited and Benchrealm Ltd in the sums of £464,793 (2024 - £550,109), £88,510 (2024 - £92,724) and £63,111 (2024 - £63,111), respectively in which Mr G R Hamblyn is a Director and Shareholder and are interest free and repayable after more than one year from the balance sheet date.
At the Balance Sheet date, Mr G R Hamblyn had provided a personal guarantee for the Bank Loans.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).