J W H Property Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11487019 (England and Wales)

Unaudited Financial Statements

for the Period 27 July 2018 to 31 July 2019

for

J W H Property Investments Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

302,132

CURRENT ASSETS

Cash at bank

5,391

CREDITORS

Amounts falling due within one year

5

128,264

NET CURRENT LIABILITIES

(122,873

)

TOTAL ASSETS LESS CURRENT LIABILITIES

179,259

CREDITORS

Amounts falling due after more than one year

6

182,515

NET LIABILITIES

(3,256

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(3,356

)

(3,256

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2019 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 April 2020 and were signed on its behalf by:

J Hughes - Director

1.	STATUTORY INFORMATION

J W H Property Investments Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address are as below:

Registered number:

11487019

Registered office:

Borne House

221 Turners Hill

Cheshunt

Hertfordshire

EN8 9DG

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities"

of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of

Ireland" and the Companies Act 2006.

Turnover

Turnover represents rent receivable during the year.

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.

Taxation

Taxation for the period comprises of current 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 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.

Going concern

The balance sheet at the end of the year recorded current liabilities. However, the directors believe that sufficient

financial resources are available to the company to enable it to continue trading into the foreseeable future.

Therefore, the financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

302,132

At 31 July 2019

302,132

NET BOOK VALUE

At 31 July 2019

302,132

The investment property was valued on a fair value basis on 31st July 2019 by the directors.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

123,646

Other creditors

4,618

128,264

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

182,515

7.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

182,515

The bank loan is secured by a fixed charge on the investment property owned by the company