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Registered number: 16181977
WESTERHAM PARK LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 JANUARY 2026
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WESTERHAM PARK LTD
REGISTERED NUMBER: 16181977
STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2026
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.
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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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WESTERHAM PARK LTD
REGISTERED NUMBER: 16181977
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2026
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 October 2026.
The notes on pages 3 to 6 form part of these financial statements.
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WESTERHAM PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
Westerham Park Ltd is a private company limited by shares and incorporated in England and Wales. Its
registered office is 30 Orange Street, London, WC2H 7HF.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
All borrowing costs incurred during the period of the development are capitalised and added to stock.
Stock represents the purchase cost of Land at Height Stables, Westerham Hill, Westerham, TN16 2ED together with all development costs to date.
Short-term debtors are measured at transaction price.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Short-term creditors are measured at the transaction price.
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WESTERHAM PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
2.Accounting policies (continued)
The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each
reporting period for objective evidence of impairment. If objective evidence of impairment is found, an
impairment loss is recognised in the Statement of income and retained earnings.
Financial assets and liabilities are offset and the net amount reported in the Statement of Financial
Position when there is an enforceable right to set off the recognised amounts and there is an
intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
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The average monthly number of employees, including directors, during the period was 2.
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WESTERHAM PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Lusson Ltd - Stables Contribution
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Whitgift Estates Limited - Stables Contribution
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L J Murphy - Stables Contribution
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WESTERHAM PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
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Creditors: Amounts falling due after more than one year
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The Downing LLP loan attracts interest at a rate of 10%. Interest is accrued over the period of the loan. The loan is repayable as the units are sold. The loan is secured by a fixed and floating charge over the land known as Heights Stables, Westerham Hill, Westerham, TN16 2ED.
Severn Bridging Ltd provided a loan to the company of £583,918 in October 2025. The loan is secured by a first fixed and floating charge. These loans will be repaid prior to the distribution of any profits to shareholders.
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Allotted, called up and fully paid
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100 Ordinary shares of £1.00 each
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During the period, the company issued 100 £1 Ordinary shares at par.
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Related party transactions
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During the period, the company has received loans from various related companies, Whitgift Estates Limited (WEL), LSM Homes Limited (LSM), Reigate Land Ltd (RLL), LSM Homes (TW) Ltd (LSMTW) and Lusson Ltd (LL) to fund costs. At the year end, the balance due to WEL was £136,908, LSM £27,401, RLL £27,974, LSMTW £2,220 and LL £137,638.
During the period, the director, L.J. Murphy loaned the company £80,400 and Marius Ugincius loaned the company £37,000..
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The loans above are all interest free.
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