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REGISTERED NUMBER: 06052736 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

| FOR |

| WHITESTONE RETAIL AND LEISURE LIMITED |

WHITESTONE RETAIL AND LEISURE LIMITED (REGISTERED NUMBER: 06052736) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| WHITESTONE RETAIL AND LEISURE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | Mr J R Hocking

| Mr N Howard

| Mrs S Hocking

| Miss C A Cullen

| SECRETARY: | Mr J R Hocking

| REGISTERED OFFICE: | Egerton House

| 55 Hoole Road

| Chester

| CH2 3NJ

| REGISTERED NUMBER: | 06052736 (England and Wales)

| ACCOUNTANTS: | Livesey Spottiswood Ltd

| Chartered Accountants

| 17 George Street

| St Helens

| Merseyside

| WA10 1DB

WHITESTONE RETAIL AND LEISURE LIMITED (REGISTERED NUMBER: 06052736) |

ABRIDGED BALANCE SHEET

31 JANUARY 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 442,828 |  | 720,152 |  |

Investment property | 5 | 2,305,000 |  | 2,435,000 |  |

2,747,828 |  | 3,155,152 |  |

CURRENT ASSETS

Debtors | 187,167 |  | 156,761 |  |

Cash at bank and in hand | 92,566 |  | 61,849 |  |

279,733 |  | 218,610 |  |

CREDITORS

Amounts falling due within one year | (184,845 | ) | (344,625 | ) |

NET CURRENT ASSETS/(LIABILITIES) | 94,888 |  | (126,015 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,842,716 |  | 3,029,137 |  |

CREDITORS

Amounts falling due after more than one year | (683,831 | ) | (634,346 | ) |

PROVISIONS FOR LIABILITIES | (91,280 | ) | (91,280 | ) |

NET ASSETS | 2,067,605 |  | 2,303,511 |  |

CAPITAL AND RESERVES

Called up share capital | 6 | 200 |  | 200 |  |

Retained earnings | 2,067,405 |  | 2,303,311 |  |

SHAREHOLDERS' FUNDS | 2,067,605 |  | 2,303,511 |  |

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.

WHITESTONE RETAIL AND LEISURE LIMITED (REGISTERED NUMBER: 06052736) |

ABRIDGED BALANCE SHEET - continued

31 JANUARY 2025

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 October 2025 and were signed on its behalf by:

Mr J R Hocking - Director

WHITESTONE RETAIL AND LEISURE LIMITED (REGISTERED NUMBER: 06052736) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Whitestone Retail and Leisure 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

| 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 is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

| Turnover from the rendering of services is recognised as those services are delivered.

| Other operating income

| Rental income arises from rental of the investment properties. This is invoiced and received in the month in which it relates.

| Tangible fixed assets

| Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Improvements to property |  | - | 5% on reducing balance |

| Plant and machinery |  | - |  | 20% on reducing balance |  |

| Fixtures and fittings |  | - |  | 15% on reducing balance |  |

| Motor vehicles |  | - |  | 25% on reducing balance |  |

| Computer equipment |  | - |  | 25% on cost |  |

| Assets are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

| 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.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

| Leasing commitments

| Rentals payable under operating leases are charged against profits on a straight line basis over the periods of the leases.

WHITESTONE RETAIL AND LEISURE LIMITED (REGISTERED NUMBER: 06052736) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Investment properties

| Investment properties are initially recognised at cost. Cost includes the purchase price and any legal and professional fees in connection with the acquisition of the property.

| At each reporting date, the properties are valued at fair value, where the fair value can be measured reliably without undue cost or effort with any changes in fair value recognised in profit or loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 5 ) .

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 February 2024 | 851,534 |  |

| Additions | 9,913 |  |

| Disposals | (239,125 | ) |

| At 31 January 2025 | 622,322 |  |

| DEPRECIATION

| At 1 February 2024 | 131,382 |  |

| Charge for year | 30,203 |  |

| Eliminated on disposal | 17,909 |  |

| At 31 January 2025 | 179,494 |  |

| NET BOOK VALUE

| At 31 January 2025 | 442,828 |  |

| At 31 January 2024 | 720,152 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 February 2024 | 2,435,000 |  |

| Disposals | (425,000 | ) |

| Revaluations | 295,000 |  |

| At 31 January 2025 | 2,305,000 |  |

| NET BOOK VALUE

| At 31 January 2025 | 2,305,000 |  |

| At 31 January 2024 | 2,435,000 |  |

| The investment properties were revalued on 31 January 2025. by the directors, on an open market value basis.The value of the investment properties held at that date was £2,305,000.

| On a historical cost basis, investment properties would have been included at cost of £1,043,818.

WHITESTONE RETAIL AND LEISURE LIMITED (REGISTERED NUMBER: 06052736) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

5. | INVESTMENT PROPERTY - continued

| Fair value at 31 January 2025 is represented by:

£ |

| Valuation in 2012 | 40,965 |  |

| Valuation in 2016 | 537,653 |  |

| Valuation in 2022 | 782,564 |  |

| Valuation in 2024 | 30,000 |  |

| Valuation in 2025 | 295,000 |  |

| Cost | 618,818 |  |

2,305,000 |  |

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | A Ordinary | 1 | 100 |  | 100 |  |

| 50 | B Ordinary | 1 | 50 |  | 50 |  |

| 50 | C Ordinary | 1 | 50 |  | 50 |  |

200 |  | 200 |  |