REGISTERED NUMBER: 02752874 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

WESTMEAD HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K A Rose

REGISTERED OFFICE:

Preston Park House

South Road

Brighton

BN1 6SB

REGISTERED NUMBER:

02752874 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

356

-

Investment property

5

850,000

547,398

850,356

547,398

CURRENT ASSETS

Debtors

6

1,800

-

Cash at bank

414,718

431,148

416,518

431,148

CREDITORS

Amounts falling due within one year

7

(274,847

)

(272,632

)

NET CURRENT ASSETS

141,671

158,516

TOTAL ASSETS LESS CURRENT LIABILITIES

992,027

705,914

PROVISIONS FOR LIABILITIES

8

(75,651

)

-

NET ASSETS

916,376

705,914

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Other reserves

226,952

-

Retained earnings

688,424

704,914

SHAREHOLDERS' FUNDS

916,376

705,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 23 September 2026 and were signed by:

K A Rose - Director

1.	STATUTORY INFORMATION

Westmead Holdings 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated

impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its useful life or, if

held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on cost

Impairment

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair value movement included in the profit for the year are as follows:

The property has been valued using an open market valuation on freehold basis, conducted annually by the

director, K Rose.

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.

Financial instruments

Financial assets, liabilities and equity instruments are classified according to the substance of the contractual

arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

Additions

475

At 31 December 2025

475

DEPRECIATION

Charge for year

119

At 31 December 2025

119

NET BOOK VALUE

At 31 December 2025

356

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

547,398

Revaluations

302,602

At 31 December 2025

850,000

NET BOOK VALUE

At 31 December 2025

850,000

At 31 December 2024

547,398

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

302,602

Cost

547,398

850,000

Investment property was valued on an open market basis on 31 December 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other debtors

1,800

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade creditors

(1

)

-

Taxation and social security

15,523

15,307

Other creditors

259,325

257,325

274,847

272,632

8.	PROVISIONS FOR LIABILITIES

2025

2024

as restated

£

£

Deferred tax

75,651

-

Deferred tax

£

Provided during year

75,651

Balance at 31 December 2025

75,651

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

1,000

Ordinary

1

1,000

1,000

10.	RELATED PARTY DISCLOSURES

Eros (K&J) Limited, a company under common control is owed £235,475 (2024: £239,000) from the company at the reporting date.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Rose.