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Company Registration No. 09647307 (England and Wales)
Wiser Property Ltd Unaudited accounts for the year ended 30 June 2024
Wiser Property Ltd Unaudited accounts Contents
Page
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Wiser Property Ltd Company Information for the year ended 30 June 2024
Director
Mr A Sanders
Company Number
09647307 (England and Wales)
Registered Office
7 Southbrook Road Bovey Tracey Devon TQ13 9YZ
Accountants
Sean Clarke Accountancy 7 Southbrook Road Bovey Tracey Devon TQ13 9YZ
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Wiser Property Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,948,340 
4,647,043 
Current assets
Debtors
6,677 
4,413 
Cash at bank and in hand
19,141 
5,706 
25,818 
10,119 
Creditors: amounts falling due within one year
(174,702)
(316,164)
Net current liabilities
(148,884)
(306,045)
Total assets less current liabilities
5,799,456 
4,340,998 
Creditors: amounts falling due after more than one year
(4,420,418)
(3,441,340)
Provisions for liabilities
Deferred tax
(426,473)
(259,924)
Net assets
952,565 
639,734 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
952,555 
639,724 
Shareholders' funds
952,565 
639,734 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 January 2025 and were signed on its behalf by
Mr A Sanders Director Company Registration No. 09647307
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Wiser Property Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Wiser Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 09647307. The registered office is 7 Southbrook Road, Bovey Tracey, Devon, TQ13 9YZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At cost 
At 1 July 2023
4,646,589 
1,278 
726 
4,648,593 
Additions
508,322 
- 
- 
508,322 
Revaluations
793,089 
- 
- 
793,089 
At 30 June 2024
5,948,000 
1,278 
726 
5,950,004 
Depreciation
At 1 July 2023
- 
977 
573 
1,550 
Charge for the year
- 
75 
39 
114 
At 30 June 2024
- 
1,052 
612 
1,664 
Net book value
At 30 June 2024
5,948,000 
226 
114 
5,948,340 
At 30 June 2023
4,646,589 
301 
153 
4,647,043 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
6,677 
4,413 
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Wiser Property Ltd Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
5,400 
- 
Taxes and social security
1,604 
1,604 
Other creditors
247,883 
270,332 
Loans from directors
(80,785)
43,628 
Accruals
600 
600 
174,702 
316,164 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,420,418 
3,441,340 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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