REGISTERED NUMBER: 01583523 (England and Wales)

WESTBOURNE PROPERTY MANAGEMENT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24TH DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mrs J E S Colley

J Barriobero

Mrs M P Henton

Ms E Panagiotidou

V Vasudeva

REGISTERED OFFICE:

Stonemead House

95 London Road

Croydon

Surrey

CR20 2RF

REGISTERED NUMBER:

01583523 (England and Wales)

AUDITORS:

GMP Audit Limited, Statutory Auditor

20 Eversley Road

Bexhill on Sea

East Sussex

TN40 1HE

FIXED ASSETS

Investment property

4

1,456,000

1,456,000

CURRENT ASSETS

Debtors

5

86,085

119,728

Cash at bank

105,762

68,716

191,847

188,444

CREDITORS

Amounts falling due within one year

6

17,586

38,438

NET CURRENT ASSETS

174,261

150,006

TOTAL ASSETS LESS CURRENT LIABILITIES

1,630,261

1,606,006

PROVISIONS FOR LIABILITIES

7

300,416

294,351

NET ASSETS

1,329,845

1,311,655

CAPITAL AND RESERVES

Called up share capital

8

78

78

Capital redemption reserve

9

11

11

Fair value reserve

9

1,101,510

1,107,575

Retained earnings

9

228,246

203,991

SHAREHOLDERS' FUNDS

1,329,845

1,311,655

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 23rd September 2026 and were signed on its behalf by:

Ms E Panagiotidou - Director

1.	STATUTORY INFORMATION

Westbourne Property Management 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.

Turnover

Turnover represents the value of ground rent and other charges receivable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 25th December 2024

and 24th December 2025

1,456,000

NET BOOK VALUE

At 24th December 2025

1,456,000

At 24th December 2024

1,456,000

Freehold investment property was valued on an open market basis on 24th December 2025 by the directors based on the professional valuation as at 24th December 2023 carried out by by Matthew K Gawne BSc (Hons) MSc MRICS of Shaw & Co Chartered Surveyors.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Shared roadway costs due from

other Houses

6,846

16,988

Loans to Houses

(1

)

36,999

Rental income arrears

-

2,058

Ground rent arrears

303

214

Other debtors

78,937

63,469

86,085

119,728

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

1,807

11,031

Trade creditors

1,061

17,477

Other creditors

72

-

Accrued expenses

14,646

9,930

17,586

38,438

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

300,416

294,351

Deferred

tax

£

Balance at 25th December 2024

294,351

Charge to Income Statement during year

6,065

Balance at 24th December 2025

300,416

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

78

Ordinary

£1

78

78

9.

RESERVES

Capital

Fair

Retained

redemption

value

earnings

reserve

reserve

Totals

£

£

£

£

At 25th December 2024

203,991

11

1,107,575

1,311,577

Profit for the year

18,191

18,191

Transfer between reserves

6,064

-

(6,065

)

(1

)

At 24th December 2025

228,246

11

1,101,510

1,329,767

Movements in the fair value reserve are recognised net of deferred taxation.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Richard Appleyard FCA (Senior Statutory Auditor)

for and on behalf of GMP Audit Limited, Statutory Auditor