Company No: 05747903 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Current assets
Stocks	3	739		739
Debtors	4	23,503		36,005
Cash at bank and in hand		71,145		51,332
		95,387		88,076
Creditors: amounts falling due within one year	5	( 33,106)		( 25,192)
Net current assets		62,281		62,884
Total assets less current liabilities		62,281		62,884
Net assets		62,281		62,884
Capital and reserves
Called-up share capital		5		5
Profit and loss account		62,276		62,879
Total shareholders' funds		62,281		62,884

For the financial 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.

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 Whitesand Properties Limited (registered number: 05747903) were approved and authorised for issue by the Board of Directors on 04 August 2026. They were signed on its behalf by:

Mrs H C Kearns 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

Whitesand Properties 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 Leanne House, 6 Avon Close, Weymouth, DT4 9UX, 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 Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

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

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

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. Tax is recognised in the profit and loss account.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		6

3. Stocks

	2026		2025
	£		£
Stocks	739		739

4. Debtors

	2026		2025
	£		£
Corporation tax	141		0
Other debtors	23,362		36,005
	23,503		36,005

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	1,201		531
Taxation and social security	510		1,209
Other creditors	31,395		23,452
	33,106		25,192

Within other creditors are loans to the directors which are interest free and repayable on demand.

6. Related party transactions

Transactions with the entity's directors

The directors' loan accounts are repayable on demand, and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1st April 2025 the balance owed from the directors was £11,206. During the year, the company made advances to directors amounting to £1,361 and received repayments of £12,567, leaving a balance due from the directors of £nil.

At 1st April 2024 the balance owed from the directors was £11,206. During the year, the company made advances to directors amounting to £nil and received repayments of £nil, leaving a balance due from the directors of £11,206.