ACCOUNTS - Final Accounts

Company registration number: 13226297

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 OCTOBER 2025

	WELBECK CP (HAVEN ROAD) LIMITED


WELBECK CP (HAVEN ROAD) LIMITED

COMPANY INFORMATION

Directors	K T Flach
	E M I Flach


Company secretary	E M I Flach


Registered number	13226297


Registered office	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


Accountants	Menzies LLP
	Chartered Accountants
	95 Gresham Street
	London
	EC2V 7AB


WELBECK CP (HAVEN ROAD) LIMITED

CONTENTS

	Page
Balance sheet	1
Notes to the financial statements	2 - 4


WELBECK CP (HAVEN ROAD) LIMITED REGISTERED NUMBER:13226297

BALANCE SHEET

AS AT 31 OCTOBER 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		8,806,437		8,809,941
			8,806,437		8,809,941
Current assets
Debtors: amounts falling due within one year	5	96,079		176,645
Cash at bank and in hand		81,289		2,468
		177,368		179,113
Creditors: amounts falling due within one year	6	(6,860,866)		(6,974,585)
Net current liabilities			(6,683,498)		(6,795,472)
Total assets less current liabilities			2,122,939		2,014,469

Net assets			2,122,939		2,014,469

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		2,122,938	2,014,468
		2,122,939	2,014,469

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

E M I Flach

Director

Date: 19 June 2026

The notes on pages 2 to 4 form part of these financial statements.

Page 1


WELBECK CP (HAVEN ROAD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

Welbeck CP (Haven Road) Limited is a property ownership and management company. It is a private company limited by shares and is incorporated in England and Wales.

The address of the registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue comprises rental income receivable, net of value added tax and trade discounts. Rental income is recorded in the profit and loss account as it falls due. Rent increases arising from rent reviews are taken into account as they fall due, in line with those agreed with the tenants. All turnover arose within the United Kingdom.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Investment property

Investment property is carried at fair value determined annually by the directors in consultation with external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.6

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 2


WELBECK CP (HAVEN ROAD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 -2).

4.	Investment property

	Freehold investment property	Property held for develop-ment	Total
	£	£	£
Valuation
At 1 November 2024	8,809,941	-	8,809,941
Additions	9,918	-	9,918
Disposals at cost	(13,422)	-	(13,422)
At 31 October 2025	8,806,437	-	8,806,437

The 2025 valuations were made by Directors, on an open market value for existing use basis.


	At 31 October 2025

Debtors

					2025	2024
					£	£


Other debtors	74,664	78,384
Prepayments and accrued income	21,415	98,261
	96,079	176,645

Page 3


WELBECK CP (HAVEN ROAD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	9,529	40,803
Amounts owed to group undertakings	6,798,250	6,881,200
Accruals and deferred income	53,087	52,582
	6,860,866	6,974,585

7.	Share capital
		2025	2024
		£	£

Authorised, allotted, called up and fully paid

1 (2024 -1) Ordinary share of £1.00	1	1

8.Guarantees

The Company has provided a guarantee of £6,500,000, plus interest and costs, in respect of borrowings by another group company.

9.	Related party transactions
	The immediate parent undertaking is Welbeck C P, which is incorporated and registered in England and Wales. The ultimate parent undertaking and ultimate controlling party is Welbeck CP Holding Limited. At the balance sheet date, £5,798,250 (2024: £5,881,200) was owed to the parent undertaking and £1,000,000 (2024: £1,000,000) was owed to another group undertaking.

Page 4