REGISTERED NUMBER: 01480969 (England and Wales)

WINDYRIDGE PROPERTIES LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D K Kounnis

Mr G K Kounnis

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

01480969 (England and Wales)

ACCOUNTANTS:

Kounnis And Partners Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Investment property

4

925,000

925,000

CURRENT ASSETS

Cash at bank

30,624

20,716

CREDITORS

Amounts falling due within one year

5

(195,948

)

(246,300

)

NET CURRENT LIABILITIES

(165,324

)

(225,584

)

TOTAL ASSETS LESS CURRENT LIABILITIES

759,676

699,416

CAPITAL AND RESERVES

Called up share capital

300

300

Fair value reserve

6

79,911

79,911

Retained earnings

679,465

619,205

SHAREHOLDERS' FUNDS

759,676

699,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:

Mr D K Kounnis - Director

1.	STATUTORY INFORMATION

Windyridge Properties 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover consists of rents and management charges receivable.

Investment property

The company's investment properties are held for long term investment and are included in the balance sheet at their fair values.

The surplus(es) or deficit(s) movements in fair value of investment properties are included in a fair value reserve being a non distributable reserve and recognised in profit and loss account as movement on comprehensive income statement for the year, apart from when the revaluation is below the original cost and in the opinion of the directors the diminution in value is of a permanent nature which is charged to the profit and loss account. On the disposal of investment property, any related balances in the fair value reserve are transferred to distributable reserves as a movement in reserves.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

925,000

NET BOOK VALUE

At 31 January 2025

925,000

At 31 January 2024

925,000

Fair value at 31 January 2025 is represented by:

£

Valuation in 2018

33,323

Valuation in 2019

46,586

Cost

845,091

925,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

8,459

8,459

Taxation and social security

21,213

20,190

Other creditors

166,276

217,651

195,948

246,300

6.

RESERVES

Fair

value

reserve

£

At 1 February 2024

and 31 January 2025

79,911

7.	ULTIMATE CONTROLLING PARTY

The Kounnis Capital Trust has been considered as the ultimate controlling party.