West End Properties (Havant) Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of West End Properties (Havant) Limited for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of West End Properties (Havant) Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of West End Properties (Havant) Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of West End Properties (Havant) Limited and state those matters that we have agreed to state to the directors of West End Properties (Havant) Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than West End Properties (Havant) Limited and its directors as a body for our work or for this report.

It is your duty to ensure that West End Properties (Havant) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of West End Properties (Havant) Limited . You consider that West End Properties (Havant) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of West End Properties (Havant) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

9 December 2025

Craker Business Solutions LTD

Certified Chartered Accountants

4 Spur Road

Cosham

Portsmouth

PO6 3EB

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West End Properties (Havant) Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 00645245

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		153		306
Investment Properties	5		365,000		365,000

			365,153		365,306
CURRENT ASSETS
Debtors	6	14,249		30,853
Cash at bank and in hand		22,097		15,924

		36,346		46,777
Creditors: Amounts Falling Due Within One Year	7	(105,735 )		(108,332 )

NET CURRENT ASSETS (LIABILITIES)			(69,389 )		(61,555 )

TOTAL ASSETS LESS CURRENT LIABILITIES			295,764		303,751

NET ASSETS			295,764		303,751

CAPITAL AND RESERVES
Called up share capital	8		200		200
Revaluation reserve	9		203,775		203,775
Profit and Loss Account			91,789		99,776

SHAREHOLDERS' FUNDS			295,764		303,751

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West End Properties (Havant) Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Gloria Hickman

Director

9 December 2025

The notes on pages 4 to 6 form part of these financial statements.

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West End Properties (Havant) Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

West End Properties (Havant) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00645245 . The registered office is 34 Gordon Road, Southbourne, Emsworth, Hampshire, PO10 8AZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is the total amount receivable in the year, in accordance with underlying leases where appropriate, for rent and ancillary services.

Turnover is recognised quarterly when the rent becomes due.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% Straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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West End Properties (Havant) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Transfer to revaluation reserve

Gains or losses on fair value of investment property have been transferred from retained earnings to a specific non-distributable reserve; a revaluation reserve. Similarly all deferred tax relating to these fair value movements have been transferred to the same reserve.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	459

As at 31 March 2025	459

Depreciation
As at 1 April 2024	153
Provided during the period	153

As at 31 March 2025	306

Net Book Value
As at 31 March 2025	153

As at 1 April 2024	306

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West End Properties (Havant) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	365,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out by

external agents as at 31 March 2025, who are not connected to the company. The valuation was made on an

open market value basis.

If investment properties had not been revalued they would have been stated at a historical cost of £161,225

(2024: £161,225).

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	6,605	19,284
Other debtors	3,568	7,493

	10,173	26,777
Due after more than one year
Other debtors	4,076	4,076

	14,249	30,853

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,141	4,216
Other creditors	103,722	103,698
Taxation and social security	872	418

	105,735	108,332

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

9. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	203,775

As at 31 March 2025	203,775

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