REGISTERED NUMBER: 14530454 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WHOLESOME DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs R K Chahal

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

14530454 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Investment property

4

4,200,849

2,208,657

CURRENT ASSETS

Debtors

5

160,000

-

Cash at bank

280,156

32,508

440,156

32,508

CREDITORS

Amounts falling due within one year

6

1,298,960

1,268,868

NET CURRENT LIABILITIES

(858,804

)

(1,236,360

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,342,045

972,297

CREDITORS

Amounts falling due after more than one year

7

3,409,767

1,009,800

NET LIABILITIES

(67,722

)

(37,503

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(67,822

)

(37,603

)

(67,722

)

(37,503

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2025 and were signed by:

Mrs R K Chahal - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Going concern

At the year end, the company balance sheet is showing net current liabilities of £858,804 (2023: £1,236,360) and net liabilities of £67.722 (2023: £37,503). The company continues to trade as a going concern with the ongoing financial support from the director and external lender. As such, the accounts have been prepared on this basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Taxation

Taxation for the year 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

2,208,657

Additions

1,992,192

At 31 December 2024

4,200,849

NET BOOK VALUE

At 31 December 2024

4,200,849

At 31 December 2023

2,208,657

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

160,000

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

59,843

-

Directors' current accounts

1,237,617

1,267,368

Accrued expenses

1,500

1,500

1,298,960

1,268,868

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans more 5 yr by instal

3,409,767

1,009,800

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,409,767

1,009,800

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

3,409,767

1,009,800