Financial Statements

for the Year Ended 31 August 2025

for

39 Whitehouse Street Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G Nock

R K Hyett

R Norstrom

SECRETARY:

Mrs R Massoudi

REGISTERED OFFICE:

8-10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

12801152 (England and Wales)

AUDITORS:

Williams & Co Epsom LLP

Statutory Auditors

8-10 South Street

Epsom

Surrey

KT18 7PF

CURRENT ASSETS

Stocks

4

2,474,432

779,833

Debtors

5

51,376

30,891

Cash at bank and in hand

13,869

7,770

2,539,677

818,494

CREDITORS

Amounts falling due within one year

6

2,679,675

940,874

NET CURRENT LIABILITIES

(139,998

)

(122,380

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(139,998

)

(122,380

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(139,999

)

(122,381

)

SHAREHOLDERS' FUNDS

(139,998

)

(122,380

)

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 Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

G Nock - Director

1.	STATUTORY INFORMATION

39 Whitehouse Street 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.

Stocks

Stocks represent property acquired for development together with work in progress on those properties. These assets are included at the lower of cost and net realisable value. Cost for this purpose comprises the purchase cost of land and buildings and subsequent development expenditure.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

The company accounts have been drawn up on the basis of a going concern. Funding of the stock and WIP is from the holding company and will be repaid when the property is sold.

3.	EMPLOYEES AND DIRECTORS

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

4.

STOCKS

2025

2024

£

£

Work-in-progress

2,474,432

779,833

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,944

11,912

VAT

-

502

Prepayments

39,432

18,477

51,376

30,891

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

29,982

24,856

Amounts owed to group undertakings

2,630,883

903,883

VAT

3,599

-

Deferred income

7,711

7,635

Accrued expenses

7,500

4,500

2,679,675

940,874

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Williams (Senior Statutory Auditor)

for and on behalf of Williams & Co Epsom LLP

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of Mr G Nock, Mr R Hyett and ACG Limited, a company registered in Guernsey.