REGISTERED NUMBER: 11540418 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Whitfield Property Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D K Whitfield

Mrs S E Whitfield

REGISTERED OFFICE:

Suite 5

The Old Granary Oakington Road

Westwick,

Cambridge

Cambridgeshire

CB24 3AR

REGISTERED NUMBER:

11540418 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

227

8,550

Investment property

5

8,947,309

8,788,437

8,947,536

8,796,987

CURRENT ASSETS

Inventories

367,885

367,885

Debtors

6

10,185,569

10,076,093

Cash at bank and in hand

558,787

138,725

11,112,241

10,582,703

CREDITORS

Amounts falling due within one year

7

14,961,119

14,069,324

NET CURRENT LIABILITIES

(3,848,878

)

(3,486,621

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,098,658

5,310,366

CREDITORS

Amounts falling due after more than one year

8

(3,121,259

)

(3,697,388

)

PROVISIONS FOR LIABILITIES

(106,267

)

(106,267

)

NET ASSETS

1,871,132

1,506,711

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

453,034

453,034

Retained earnings

9

1,417,998

1,053,577

1,871,132

1,506,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 17 December 2025 and were signed on its behalf by:

D K Whitfield - Director

1.	STATUTORY INFORMATION

Whitfield Property Investments 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 provision of section 1A "small entities" and the companies act 2006 The financial statements have been prepared under historical cost convention modified to include freehold properties and certain financial instruments at fair value.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Investment property

Investment property, which is property held to earn rentals and/or capital appreciation is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

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.

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.

Taxation

Taxation for the year 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

41,616

DEPRECIATION

At 1 April 2024

33,066

Charge for year

8,323

At 31 March 2025

41,389

NET BOOK VALUE

At 31 March 2025

227

At 31 March 2024

8,550

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

9,156,322

Additions

158,872

Disposals

(367,885

)

At 31 March 2025

8,947,309

NET BOOK VALUE

At 31 March 2025

8,947,309

At 31 March 2024

9,156,322

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

8,947,309

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

14,061

26,668

Amounts owed by group undertakings

3,219,702

3,097,159

Other debtors

212,481

216,579

3,446,244

3,340,406

Amounts falling due after more than one year:

Other debtors

6,739,325

6,735,687

Aggregate amounts

10,185,569

10,076,093

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

96,919

96,919

Trade creditors

34,067

102,643

Amounts owed to group undertakings

14,469,455

13,460,602

Taxation and social security

43,865

61,850

Other creditors

316,813

347,310

14,961,119

14,069,324

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

3,121,259

3,697,388

Amounts falling due in more than five years:

Repayable by instalments

Mortgage more 5 yr by instal

3,121,259

3,697,388

9.

RESERVES

Retained

Fair value

earnings

reserve

Totals

£

£

£

At 1 April 2024

1,053,577

453,034

1,506,611

Profit for the year

364,421

364,421

At 31 March 2025

1,417,998

453,034

1,871,032

10.	RELATED PARTY DISCLOSURES

Amount owed to group undertaking relates to balance due from The Whitfield Group Limited of £3,219,702 (2024- £3,097,159) balance owed by group undertaking is due to Whitfield Portfolio Limited of £14,469,455 (2024- £13,460,602).both companies are wholly owned subsidiary of the parent company Ltd.

Whitfield Portfolio Group Limited.

Other debtors includes balance of £466,926 (2024- £456,184) relates to The Rosie Partnership, balance of £129,324 (2024 -£174,296) relates to Dennis & Rex Whitfield. Dennis Whitfield who is the director of Whitfield Property Investment Limited has also interest in above mentioned partnership/ Rental business. It also includes balance of £5,262,410 (2024- £5,262,410) related to Whitfield Finance Limited Dennis Whitfield who is the director of Whitfield Property Investment Limited is also director and shareholder of Whitfield Finance Limited.

Also other debtors includes balance of £677,889 (2024- 679,113) relates to Golden Curry Limited where director Dennis Whitfield is also a director.

Whitfield Property Investment Limited's registered office address is Suite 5, The Old Granary Oakington Road, Westwick, Cambridge, Cambridgeshire, England, CB24 3AR.