REGISTERED NUMBER: 14896637 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26TH MAY 2023 TO 31ST MAY 2024

FOR

WARREN HOUSE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Lawrence

G Lawrence

REGISTERED OFFICE:

Riverside House

1-5 Como Street

Romford

Essex

RM7 7DN

REGISTERED NUMBER:

14896637 (England and Wales)

ACCOUNTANTS:

Clemence Hoar Cummings

Chartered Accountants

Riverside House

1-5 Como Street

Romford

Essex

RM7 7DN

FIXED ASSETS

Investment property

4

290,000

CURRENT ASSETS

Debtors

5

1,851

CREDITORS

Amounts falling due within one year

6

126,461

NET CURRENT LIABILITIES

(124,610

)

TOTAL ASSETS LESS CURRENT LIABILITIES

165,390

CREDITORS

Amounts falling due after more than one year

7

196,402

NET LIABILITIES

(31,012

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(31,112

)

(31,012

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st May 2024 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 23rd October 2025 and were signed on its behalf by:

G Lawrence - Director

1.	STATUTORY INFORMATION

Warren House 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 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 period 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 period 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.

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding the fact that the Company has a negative balance as of 31st May 2024.

The Directors acknowledge the financial challenges and confirm their commitment to supporting the Company. They have provided assurances that sufficient funding will be available to meet the Company’s obligations as they fall due over the next 12 months. This support may take the form of additional financial contributions or other measures to ensure the Company's continued operations.

In view of these commitments, the Directors believe it is appropriate to prepare the financial statements on a going concern basis. Accordingly, no adjustments have been made to the financial statements that might be necessary if the Company were unable to continue in operation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

321,925

Revaluations

(31,925

)

At 31st May 2024

290,000

NET BOOK VALUE

At 31st May 2024

290,000

The Company's directors have determined the investment property fair value to be £290,000 as at 31st May 2024.

Fair value at 31st May 2024 is represented by:

£

Valuation in 2024

(31,925

)

Cost

321,925

290,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,851

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

191

Other creditors

126,270

126,461

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

196,402

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

196,402

8.	RELATED PARTY DISCLOSURES

Rental income and expenditure has included in these financial statements relate to the period prior to the company's incorporation. These have been allocated to the director’s loan account, as they were incurred in anticipation of company activity and funded personally by the directors.

During the reporting period, the company operated without a dedicated bank account. Consequently, all financial transactions were conducted via the director’s loan account, which served as the primary conduit for company related payments and receipts.

The balance owed to the directors at the balance sheet date was £122,669..