REGISTERED NUMBER: 09977194 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

WOKING HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Michaud

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

09977194 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Investment property

3

1,000,000

1,000,000

CURRENT ASSETS

Debtors

4

712,953

680,398

Cash at bank and in hand

13,990

29,802

726,943

710,200

CREDITORS

Amounts falling due within one year

5

70,786

69,955

NET CURRENT ASSETS

656,157

640,245

TOTAL ASSETS LESS CURRENT LIABILITIES

1,656,157

1,640,245

CREDITORS

Amounts falling due after more than one year

6

(1,000,000

)

(1,000,000

)

PROVISIONS FOR LIABILITIES

8

(75,000

)

(75,000

)

NET ASSETS

581,157

565,245

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

581,007

565,095

SHAREHOLDERS' FUNDS

581,157

565,245

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 director acknowledges his 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 director and authorised for issue on 30 December 2025 and were signed by:

A Michaud - Director

1.	STATUTORY INFORMATION

Woking House 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income receivable together with related service charge income.

Investment property

Investment property is carried at fair value. Revaluation surpluses or deficits are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,000,000

NET BOOK VALUE

At 31 March 2025

1,000,000

At 31 March 2024

1,000,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

96,044

Valuation in 2018

850,000

Valuation in 2021

(500,000

)

Valuation in 2024

(100,000

)

Cost

653,956

1,000,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,880

32,325

Other debtors

658,073

648,073

712,953

680,398

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

12,084

8,103

Tax

6,386

2,349

VAT

1,873

4,599

Other creditors

24,536

24,536

Directors' current accounts

376

376

Deferred income

18,856

18,856

Accrued expenses

6,675

11,136

70,786

69,955

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,000,000

1,000,000

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,000,000

1,000,000

Bank loans of £1,000,000 (2024: £1,000,000) are secured by fixed charges over the company assets.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

75,000

75,000

Deferred

tax

£

Balance at 1 April 2024

75,000

Balance at 31 March 2025

75,000

9.	NON DISTRIBUTABLE RESERVES

At 31 March 2025 there were non distributable reserves in respect of investment property revaluations net of deferred tax in the sum of £271,044 (2024 £271,044).