Company No: 13098160 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	R C Blunt
	C J Blunt

REGISTERED OFFICE	Thrushwood
	Pinner Hill
	Pinner
	HA5 3XT
	United Kingdom

COMPANY NUMBER

13098160 (England and Wales)

ACCOUNTANT	S&W Partners (Thames Valley) Limited
	22 Wycombe End
	Beaconsfield
	Buckinghamshire
	HP9 1NB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	7,381		12,503
Investment property	4	3,139,185		1,950,000
		3,146,566		1,962,503
Current assets
Debtors	5	6,389		80,726
Cash at bank and in hand		18,707		25,467
		25,096		106,193
Creditors: amounts falling due within one year	6	( 2,383,370)		( 1,607,994)
Net current liabilities		(2,358,274)		(1,501,801)
Total assets less current liabilities		788,292		460,702
Creditors: amounts falling due after more than one year	7	( 742,461)		( 742,461)
Net assets/(liabilities)		45,831		( 281,759)
Capital and reserves
Called-up share capital	9	1,000		1,000
Undistributable reserve		397,519		30,227
Profit and loss account		( 352,688 )		( 312,986 )
Total shareholders' funds/(deficit)		45,831		( 281,759)

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Westwick Estates Limited (registered number: 13098160) were approved and authorised for issue by the Board of Directors on 16 July 2026. They were signed on its behalf by:

C J Blunt Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Westwick Estates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Thrushwood, Pinner Hill, Pinner, HA5 3XT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Westwick Estates Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for the rendering of services in the normal course of business.

Rental income
Operating lease income from investment properties is recognised in profit and loss on a straight-line basis over the lease term.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	21,646		21,646
At 31 December 2025	21,646		21,646
Accumulated depreciation
At 01 January 2025	9,143		9,143
Charge for the financial year	5,122		5,122
At 31 December 2025	14,265		14,265
Net book value
At 31 December 2025	7,381		7,381
At 31 December 2024	12,503		12,503

4. Investment property

	Investment property
	£
Valuation
As at 01 January 2025	1,950,000
Additions	772,612
Fair value movement	416,573
As at 31 December 2025	3,139,185

Investment property comprises of three properties.

Valuation

The fair value of the investment property has been arrived at on the basis of a valuation by the directors of the business. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2025		2024
	£		£
Historic cost	2,666,586		1,893,974

5. Debtors

	2025		2024
	£		£
Deferred tax asset	0		68,064
Other debtors	6,389		12,662
	6,389		80,726

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	3,016		2,462
Other creditors	2,380,354		1,605,532
	2,383,370		1,607,994

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	742,461		742,461

Bank loans of £742,461 (2024 - £742,461) are secured by way of fixed and floating charges over the company's assets.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Other creditors	742,461		742,461

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	68,064		80,762
Charged to the Profit and Loss Account	( 63,381)		( 12,698)
At the end of financial year	4,683		68,064

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000

10. Financial commitments

Commitments

Capital commitments are as follows:

	2025		2024
	£		£
Contracted for but not provided for:
Finance leases entered into	20,967		25,277

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating leases	20,967		25,277