Company Registration No. 12130403 (England and Wales)
250 WPR Ltd
Unaudited accounts
for the year ended 31 July 2025
250 WPR Ltd
Unaudited accounts
Contents
250 WPR Ltd
Company Information
for the year ended 31 July 2025
Directors
Julian Charles Bishop
Oliver Russell Bishop
Company Number
12130403 (England and Wales)
Registered Office
44 Golborne Rd
London
W10 5PR
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
250 WPR Ltd
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
2,079
5,906
Creditors: amounts falling due within one year
(23,222)
(29,181)
Net current assets
609,693
577,521
Total assets less current liabilities
609,694
577,521
Creditors: amounts falling due after more than one year
(502,651)
(489,500)
Called up share capital
2
2
Profit and loss account
107,041
88,019
Shareholders' funds
107,043
88,021
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
Oliver Russell Bishop
Director
Company Registration No. 12130403
250 WPR Ltd
Notes to the Accounts
for the year ended 31 July 2025
250 WPR Ltd is a private company, limited by shares, registered in England and Wales, registration number 12130403. The registered office is 44 Golborne Rd, London, W10 5PR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments in shares are included at cost.
During the preparation of the current year’s financial statements, the directors identified that certain service‑charge related assets had previously been recognised within the company’s balance sheet. These items represented trust funds held on behalf of leaseholders and therefore did not meet the definition of assets of the company under FRS 102.
In accordance with the Landlord and Tenant Act 1987 and prevailing service‑charge accounting guidance, service‑charge monies are held on trust and must not be included within the company’s statutory financial statements.
The incorrect recognition of these balances in prior periods constituted a prior period error. The comparative figures have been restated to remove the service‑charge assets previously recognised. The correction has been reflected through retained earnings at the beginning of the comparative period, as required by FRS 102 Section 10.
The adjustment has no impact on the company’s profit or loss for either the current or prior year, as service‑charge funds do not belong to the company.
4
Investments
Subsidiary undertakings
Valuation at 1 August 2024
-
Valuation at 31 July 2025
1
250 WPR Ltd
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Accrued income and prepayments
12,573
11,573
Other debtors
618,263
30,088
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,440
23,273
Trade creditors
5,001
6,272
Taxes and social security
5,831
-
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
500,000
489,500
8
Transactions with related parties
A loan balance of £500,000 was outstanding at both the beginning and end of the financial year with a related party. The related party is a close family member of an individual who controls the company.
The loan is unsecured, non‑interest‑bearing, and repayable on demand.
There were no movements on the loan during the year. The balance outstanding at the year end was £500,000 (prior year: £500,000).
No guarantees or security have been provided in respect of this balance.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).