We Love Property Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06429841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

WE LOVE PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTOR:

A Burlington

REGISTERED OFFICE:

267 London Road

St Leonards on Sea

East Sussex

TN37 6NB

REGISTERED NUMBER:

06429841 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Tangible assets

4

1,001

11,284

CURRENT ASSETS

Debtors

5

14,696

6,250

Cash at bank and in hand

2,766

6,274

17,462

12,524

CREDITORS

Amounts falling due within one year

6

65,140

60,967

NET CURRENT LIABILITIES

(47,678

)

(48,443

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(46,677

)

(37,159

)

CREDITORS

Amounts falling due after more than one year

7

(478

)

(11,220

)

PROVISIONS FOR LIABILITIES

(2,144

)

(2,144

)

NET LIABILITIES

(49,299

)

(50,523

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(49,399

)

(50,623

)

SHAREHOLDERS' FUNDS

(49,299

)

(50,523

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 December 2025 and were signed by:

A Burlington - Director

1.	STATUTORY INFORMATION

We Love Property 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.

The director has made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 May 2024

and 30 April 2025

48,474

6,866

1,501

56,841

DEPRECIATION

At 1 May 2024

38,779

5,703

1,075

45,557

Charge for year

9,695

174

414

10,283

At 30 April 2025

48,474

5,877

1,489

55,840

NET BOOK VALUE

At 30 April 2025

-

989

12

1,001

At 30 April 2024

9,695

1,163

426

11,284

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

1,629

750

Amounts recoverable on contract

4,500

Other debtors

8,567

1,000

14,696

6,250

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

10,742

11,752

Trade creditors

1,863

71

Tax

2,699

5,161

Social security and other taxes

279

(444

)

VAT

3,469

5,835

Directors' current accounts

43,652

36,196

Accrued expenses

2,436

2,396

65,140

60,967

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

Bank loans - 1-2 years

478

10,742

Bank loans - 2-5 years

-

478

11,220

8.	RELATED PARTY DISCLOSURES

As at the balance sheet date the director was owed £43,652 (2024 - £36,196).

There are no terms are attached to this loan and is repayable upon demand.

9.	INSOLVENCY

Although technically insolvent the Director will continue to support the business.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of We Love Property Limited for the year ended 30 April 2025 which comprise the Statement of Income and Retained Earnings, 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 firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of We Love Property Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of We Love Property Limited and state those matters that we have agreed to state to the director of We Love Property Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than We Love Property Limited and its director for our work or for this report.

It is your duty to ensure that We Love Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of We Love Property Limited. You consider that We Love Property 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 financial statements of We Love Property 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 statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

9 December 2025