REGISTERED NUMBER: 13668347 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WARWICK PARK PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J J Rolf

REGISTERED OFFICE:

35 Warwick Park

Tunbridge Wells

TN2 5TA

REGISTERED NUMBER:

13668347 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Tangible assets

4

107

191

Investment property

5

600,000

600,000

600,107

600,191

CURRENT ASSETS

Debtors

6

-

982

Cash at bank

2,913

3,012

2,913

3,994

CREDITORS

Amounts falling due within one year

7

115,294

121,653

NET CURRENT LIABILITIES

(112,381

)

(117,659

)

TOTAL ASSETS LESS CURRENT LIABILITIES

487,726

482,532

CREDITORS

Amounts falling due after more than one year

8

(425,845

)

(425,845

)

PROVISIONS FOR LIABILITIES

10

(18,474

)

(18,474

)

NET ASSETS

43,407

38,213

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

43,307

38,113

SHAREHOLDERS' FUNDS

43,407

38,213

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 29 September 2025 and were signed by:

J J Rolf - Director

1.	STATUTORY INFORMATION

Warwick Park Property Ltd 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 represents rental income receivable from the letting of property.

Tangible fixed assets

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

Furniture,fittings & equipment

-

25% on cost

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.	TANGIBLE FIXED ASSETS

Furniture,fittings

& equipment

£

COST

At 1 January 2024

and 31 December 2024

337

DEPRECIATION

At 1 January 2024

146

Charge for year

84

At 31 December 2024

230

NET BOOK VALUE

At 31 December 2024

107

At 31 December 2023

191

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

600,000

NET BOOK VALUE

At 31 December 2024

600,000

At 31 December 2023

600,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2022

61,548

Valuation in 2023

12,346

Cost

526,106

600,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Prepayments

-

982

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

2,550

2,550

Directors' current accounts

98,705

106,285

Deferred income

11,738

11,738

Accrued expenses

2,301

1,080

115,294

121,653

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans more 5 yrs non-inst

425,845

425,845

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

425,845

425,845

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Property loan

425,845

425,845

The loan is secured by a fixed charge over the company's investment property and goodwill.

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Investment fair value movement

18,474

18,474

Deferred

tax

£

Balance at 1 January 2024

18,474

Investment fair value movement

Balance at 31 December 2024

18,474

11.	NON DISTRIBUTABLE RESERVES

At 31 December 2024 there were non distributable reserves in respect of investment property revaluations net of deferred tax in the sum of £55,420 (2023 : £55,420).