Registration number: 01691001

Weatherstone Properties Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Weatherstone Properties Limited

Company Information

Director

C Weatherstone

Registered office

1 English Business Park English Close Hove East Sussex BN3 7ET

Accountants

Chisnall Comer Ismail & Co Chartered AccountantsMaria House 35 Millers Road Brighton BN1 5NP

Weatherstone Properties Limited

(Registration number: 01691001)
Balance Sheet as at 29 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	357	476
Investment property	6	1,160,000	1,160,000
Investments	7	952,250	952,250
Other financial assets	8	6	6
		2,112,613	2,112,732
Current assets
Stocks	9	2,263,171	2,249,139
Debtors	10	676,738	668,859
Cash at bank and in hand		78	2,431
		2,939,987	2,920,429
Creditors: Amounts falling due within one year	15	(2,045,255)	(1,724,893)
Net current assets		894,732	1,195,536
Total assets less current liabilities		3,007,345	3,308,268
Creditors: Amounts falling due after more than one year	15	(2,245,893)	(2,422,401)
Provisions for liabilities		(132,543)	(132,543)
Net assets		628,909	753,324
Capital and reserves
Called up share capital	14	1,201	1,200
Other reserves		624,284	624,284
Retained earnings		3,424	127,840
Shareholders' funds		628,909	753,324

For the financial period ending 29 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Weatherstone Properties Limited

(Registration number: 01691001)
Balance Sheet as at 29 July 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 August 2026



 

.........................................

C Weatherstone

Director

Weatherstone Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2024 to 29 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 English Business Park
English Close
Hove
East Sussex
BN3 7ET

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of development properties.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Fixtures and fittings	25% reducing balance

Weatherstone Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2024 to 29 July 2025

Investment property

Investment property is carried at fair value. Gains are recognised in the profit and loss. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and net realisable value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Non-distributable reserve

The aggregate fair value adjustments relating to movements in the value of the company's investment properties are transferred at the end of each period, net of deferred tax, from the profit and loss reserve to the non-distributable reserve.

On disposal of investment property the aggregate fair value adjustment is transferred back to profit and loss reserves and the deferred tax provision is transferred to current tax liabilities.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2024 - 1).

Weatherstone Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2024 to 29 July 2025

4	Taxation charge

The tax for the period is attributable to:	2024 £
Total tax charge for period	-

Weatherstone Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2024 to 29 July 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 August 2024	105,707	2,909	108,616
At 29 July 2025	105,707	2,909	108,616
Depreciation
At 1 August 2024	105,231	2,909	108,140
Charge for the period	119	-	119
At 29 July 2025	105,350	2,909	108,259
Carrying amount
At 29 July 2025	357	-	357
At 31 July 2024	476	-	476

6	Investment properties

	2025 £
At 1 August	1,160,000
At 29 July	1,160,000

7	Investments

	2025 £	2024 £
Investments in associates	952,250	952,250