REGISTERED NUMBER: 11095995 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

WOMY DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W O M Yardley

REGISTERED OFFICE:

31 Dore Road

Dore

Sheffield

South Yorkshire

S17 3NA

REGISTERED NUMBER:

11095995 (England and Wales)

ACCOUNTANTS:

S Burgess & Co Ltd

11 Slayleigh Avenue

Sheffield

South Yorkshire

S10 3RA

FIXED ASSETS

Tangible assets

4

214

268

Investments

5

50

-

Investment property

6

1,144,140

925,000

1,144,404

925,268

CURRENT ASSETS

Cash at bank

293

153,501

CREDITORS

Amounts falling due within one year

7

410,187

441,900

NET CURRENT LIABILITIES

(409,894

)

(288,399

)

TOTAL ASSETS LESS CURRENT LIABILITIES

734,510

636,869

CREDITORS

Amounts falling due after more than one year

8

(706,860

)

(706,860

)

PROVISIONS FOR LIABILITIES

(2,645

)

-

NET ASSETS/(LIABILITIES)

25,005

(69,991

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Non-distributable reserve

10

32,047

-

Retained earnings

10

(7,142

)

(70,091

)

SHAREHOLDERS' FUNDS

25,005

(69,991

)

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 his 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 24 September 2025 and were signed by:

W O M Yardley - Director

1.	STATUTORY INFORMATION

Womy 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.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents property rentals, and property consultancy, excluding value added tax. Property rental income is recognised in accordance with each underlying lease agreement. Property consultancy income is recognised on the completion of each contract assignment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Investment property

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the statement of income.

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.

Debtors and creditors due within one year

Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income within administrative expenses.

Impairment

At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

419

DEPRECIATION

At 1 January 2024

151

Charge for year

54

At 31 December 2024

205

NET BOOK VALUE

At 31 December 2024

214

At 31 December 2023

268

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

50

At 31 December 2024

50

NET BOOK VALUE

At 31 December 2024

50

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

925,000

Additions

144,140

Revaluations

75,000

At 31 December 2024

1,144,140

NET BOOK VALUE

At 31 December 2024

1,144,140

At 31 December 2023

925,000

The investment property at 153 Links Road, London, was valued at the year end 31 December 2024 by the director at open market value. The investment property at 42 MacKenzie Street, Bolton, was valued at the year end 31 December 2024 by the director at cost, whilst the property is undergoing redevelopment.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

32,047

Cost

1,112,093

1,144,140

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

88,500

-

Corporation tax

352

-

Other creditors

163,410

342,860

Directors' current accounts

156,005

97,720

Accrued expenses

1,920

1,320

410,187

441,900

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loan due over 5 years

706,860

706,860

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loan due over 5 years

706,860

706,860

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 January 2024

(70,091

)

-

(70,091

)

Profit for the year

94,996

94,996

Reclassification

(32,047

)

32,047

-

At 31 December 2024

(7,142

)

32,047

24,905