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Registered number: 00426523
Westbourne Apartments Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Ripe LLP
9a Burroughs Gardens
London
NW4 4AU
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Company Information
Directors Mr R A Sloane
Mrs B A Sloane
Dr J A Sloane
Secretary Mrs B A Sloane
Company Number 00426523
Registered Office Spinney Cottage
12 Nicholas Way
Northwood
Middx.
HA6 2TS
Accountants Ripe LLP
Chartered Accountants
9a Burroughs Gardens
London
NW4 4AU
Page 1
Page 2
Balance Sheet
Registered number: 00426523
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,440 7,577
Investment Properties 5 1,500,000 1,500,000
1,506,440 1,507,577
CURRENT ASSETS
Debtors 6 3,425 3,323
Cash at bank and in hand 51,410 67,456
54,835 70,779
Creditors: Amounts Falling Due Within One Year 7 (112,946 ) (129,742 )
NET CURRENT ASSETS (LIABILITIES) (58,111 ) (58,963 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,448,329 1,448,614
PROVISIONS FOR LIABILITIES
Deferred Taxation (250,800 ) (250,800 )
NET ASSETS 1,197,529 1,197,814
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,197,429 1,197,714
SHAREHOLDERS' FUNDS 1,197,529 1,197,814
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For the year ending 31 March 2026 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr R A Sloane
Director
08/08/2026
The notes on pages 4 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Westbourne Apartments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 00426523 . The registered office is Spinney Cottage, 12 Nicholas Way, Northwood, Middx., HA6 2TS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Turnover represents rent receivable.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
Computer Equipment 15% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8.
Dividends
Dividend distribution to the company's shareholders is recognised as a liability in the financial statemnets in the reporting period in which the dividends are declared.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 52,701 4,244 56,945
As at 31 March 2026 52,701 4,244 56,945
...CONTINUED
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Depreciation
As at 1 April 2025 45,893 3,475 49,368
Provided during the period 1,022 115 1,137
As at 31 March 2026 46,915 3,590 50,505
Net Book Value
As at 31 March 2026 5,786 654 6,440
As at 1 April 2025 6,808 769 7,577
5. Investment Property
2026
£
Fair Value
As at 1 April 2025 and 31 March 2026 1,500,000
6. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 539 437
Other debtors 2,886 2,886
3,425 3,323
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 434 7,404
Other taxes and social security 1,025 832
Other creditors (2,882 ) -
Accruals and deferred income 9,174 9,308
Directors' loan accounts 105,195 112,198
112,946 129,742
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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9. Related Party Disclosures
At the balance sheet date, the company owed £100 (2025 : £100) to Mrs B A Sloane, a director and shareholder of the company.
Included within creditors due within one year, the company owed £105,095 (2025 : £112,098) to Mr R Sloane, a director and shareholder of the company.
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