Company registration number 07764859 (England and Wales)
WHITCHURCH INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
WHITCHURCH INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
WHITCHURCH INVESTMENTS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
4
240,393
235,000
Current assets
Debtors
5
257,735
290,325
Cash at bank and in hand
41,253
2,281
298,988
292,606
Creditors: amounts falling due within one year
6
(420,759)
(408,311)
Net current liabilities
(121,771)
(115,705)
Net assets
118,622
119,295
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
7
117,622
118,295
Total equity
118,622
119,295

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements. true

The financial statements were approved and signed by the director and authorised for issue on 24 November 2025
K D Shah
Director
Company registration number 07764859 (England and Wales)
WHITCHURCH INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Whitchurch Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 21 Manor Park Gardens, Edgware, Middlesex, UK, HA8 7NB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of consideration receivable during the period in respect of rental income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Rental Income

Turnover represents rental income arising from investment properties. Rental income is recognised on an accruals basis in accordance with the terms of the lease agreements. Income is recognised on a straight-line basis over the lease term unless another systematic basis is more representative of the time pattern in which benefits are derived.

1.3
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
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.

WHITCHURCH INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
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.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

WHITCHURCH INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Investment property
2025
£
Fair value
At 1 April 2024
235,000
Revaluations
5,393
At 31 March 2025
240,393

The fair value of the investment property has been arrived at on the open market basis valuation carried out at the balance sheet date by the director. The valuation has been incorporated in these financial sstatements. The historical cost of the investment properties at the balance sheet date amounted to £240,393 (2024 - £240,393).

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
257,735
290,325
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
-
0
248
Other creditors
420,759
408,063
420,759
408,311
WHITCHURCH INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
7
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
118,295
137,122
Adjusted balance
118,295
137,122
Loss for the year
(673)
(18,827)
At the end of the year
117,622
118,295

Included within profit and loss reserves are non-distributable profits, as set out below:

2025
2024
£
£
Non-distributable profits included above
At the beginning of the year
(5,393)
-
Non distributable profits in the year
5,393
(5,393)
At the end of the year
-
(5,393)
Distributable profits
117,622
123,688
8
Related party transactions

At the balance sheet date, the company owed £102,960 (2024 - £102,960) to the director.

2025-03-31 2024-04-01 false false false 25 November 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity K D Shah S D Shah 07764859 2024-04-01 2025-03-31 07764859 2025-03-31 07764859 2024-03-31 07764859 core:ShareCapital 2025-03-31 07764859 core:ShareCapital 2024-03-31 07764859 core:RetainedEarningsAccumulatedLosses 2025-03-31 07764859 core:RetainedEarningsAccumulatedLosses 2024-03-31 07764859 core:RetainedEarningsAccumulatedLosses 2024-03-31 07764859 core:RetainedEarningsAccumulatedLosses 2023-03-31 07764859 bus:Director1 2024-04-01 2025-03-31 07764859 2023-04-01 2024-03-31 07764859 2024-03-31 07764859 core:WithinOneYear 2025-03-31 07764859 core:WithinOneYear 2024-03-31 07764859 core:CurrentFinancialInstruments 2025-03-31 07764859 core:CurrentFinancialInstruments 2024-03-31 07764859 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07764859 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07764859 bus:FRS102 2024-04-01 2025-03-31 07764859 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07764859 bus:CompanySecretary1 2024-04-01 2025-03-31 07764859 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP