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REGISTERED NUMBER: 08215791 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

WEXSTON ESTATES LTD

WEXSTON ESTATES LTD (REGISTERED NUMBER: 08215791)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WEXSTON ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DIRECTORS: Finsbury Corporate Services Limited
J D Hassan





REGISTERED OFFICE: Harold Benjamin Solicitors
Hill House
67-71 Lowlands Road
Harrow
Middlesex
HA1 3EQ





REGISTERED NUMBER: 08215791 (England and Wales)





ACCOUNTANTS: Annjer Consultancy Services Ltd
'Sinthu Priory'
31 New Street Hill
Bromley
Kent
BR1 5AX

WEXSTON ESTATES LTD (REGISTERED NUMBER: 08215791)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 3,150,000 3,150,000

CURRENT ASSETS
Debtors 5 199,993 199,993

CREDITORS
Amounts falling due within one year 6 1,740,732 1,779,896
NET CURRENT LIABILITIES (1,540,739 ) (1,579,903 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,609,261

1,570,097

CAPITAL AND RESERVES
Called up share capital 7 1 1
Revaluation reserve 8 1,383,320 1,383,320
Retained earnings 8 225,940 186,776
SHAREHOLDERS' FUNDS 1,609,261 1,570,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 23 September 2018 and were signed on its behalf
by:





J D Hassan - Director


WEXSTON ESTATES LTD (REGISTERED NUMBER: 08215791)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017

1. STATUTORY INFORMATION

Wexston Estates Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

WEXSTON ESTATES LTD (REGISTERED NUMBER: 08215791)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2017

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2017
and 31 December 2017 3,150,000
NET BOOK VALUE
At 31 December 2017 3,150,000
At 31 December 2016 3,150,000

Fair value at 31 December 2017 is represented by:

£   
Valuation in 2016 1,383,320
Cost 1,766,680
3,150,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Other debtors 199,993 199,993

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Taxation and social security 49,383 40,048
Other creditors 1,691,349 1,739,848
1,740,732 1,779,896

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.17 31.12.16
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 January 2017 186,776 1,383,320 1,570,096
Profit for the year 39,164 39,164
At 31 December 2017 225,940 1,383,320 1,609,260