61-62 Western Road Holding Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12419573 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

61-62 WESTERN ROAD HOLDING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs H Alkadi

A Alkadi

A N Agha

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

12419573 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

788

1,052

Investments

5

100

Investment property

6

1,974,127

1,174,800

1,975,015

1,175,952

CURRENT ASSETS

Debtors

7

1,675

6,632

CREDITORS

Amounts falling due within one year

8

910,929

965,298

NET CURRENT LIABILITIES

(909,254

)

(958,666

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,065,761

217,286

PROVISIONS FOR LIABILITIES

200,029

263

NET ASSETS

865,732

217,023

CAPITAL AND RESERVES

Called up share capital

100

Non-distributable reserve

9

599,495

-

Retained earnings

266,137

216,923

865,732

217,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

A Alkadi - Director

1.	STATUTORY INFORMATION

61-62 Western Road Holding Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents the following types of income

- Rental income

- Income from the sale of properties

All income is recognised on a receivable basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss and then transferred to a revaluation reserve.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a profit of £860,699, and as at the year end the current liabilities exceeded current assets by £909,254.

The validity of this basis depends upon the continued support of the company's directors. The directors confirm that they will give the required support.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 December 2024

and 30 November 2025

2,105

DEPRECIATION

At 1 December 2024

1,053

Charge for year

264

At 30 November 2025

1,317

NET BOOK VALUE

At 30 November 2025

788

At 30 November 2024

1,052

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

61-62 Western Road Limited

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

1,174,800

Revaluations

799,327

At 30 November 2025

1,974,127

NET BOOK VALUE

At 30 November 2025

1,974,127

At 30 November 2024

1,174,800

Fair value at 30 November 2025 is represented by:

£

Valuation in 2025

799,327

Cost

1,174,800

1,974,127

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

779

-

Tax

21

Accrued income

875

-

Prepayments

-

6,611

1,675

6,632

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

720

6,723

Amounts owed to group undertakings

887,580

949,872

Tax

12,224

-

Other creditors

812

-

Deferred income

9,518

8,703

Accrued expenses

75

-

910,929

965,298

9.

RESERVES

Non-distribu

reserve

£

Transfer between reserves

599,495

At 30 November 2025

599,495

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Alkadi.

This was by virtue of his 100% holding of the issued share capital.