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REGISTERED NUMBER: 09257289 (England and Wales)







Unaudited Financial Statements

for the Year Ended 5 April 2025

for

Wade Properties Investment Limited

Wade Properties Investment Limited (Registered number: 09257289)






Contents of the Financial Statements
for the Year Ended 5 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wade Properties Investment Limited

Company Information
for the Year Ended 5 April 2025







DIRECTORS: Mrs J E Wade
D A L Wade





REGISTERED OFFICE: Estate Office
Ravenstone Hall
Ashby Road
Ravenstone
Leicestershire
LE67 2AA





REGISTERED NUMBER: 09257289 (England and Wales)





ACCOUNTANTS: Mabe Allen LLP
Chartered Accountants
50 Osmaston Road
Derby
DE1 2HU

Wade Properties Investment Limited (Registered number: 09257289)

Balance Sheet
5 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 3,000,000 3,000,000

CURRENT ASSETS
Debtors 6 2,870,499 2,612,681
Cash at bank 81,265 25,451
2,951,764 2,638,132
CREDITORS
Amounts falling due within one year 7 3,206,606 3,176,077
NET CURRENT LIABILITIES (254,842 ) (537,945 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,745,158

2,462,055

CAPITAL AND RESERVES
Called up share capital 8 2,000 2,000
Retained earnings 2,743,158 2,460,055
SHAREHOLDERS' FUNDS 2,745,158 2,462,055

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 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.

Wade Properties Investment Limited (Registered number: 09257289)

Balance Sheet - continued
5 April 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:




Mrs J E Wade - Director



D A L Wade - Director


Wade Properties Investment Limited (Registered number: 09257289)

Notes to the Financial Statements
for the Year Ended 5 April 2025

1. STATUTORY INFORMATION

Wade Properties Investment 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset`s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the income statement unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that the outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

4. EMPLOYEES AND DIRECTORS

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

Wade Properties Investment Limited (Registered number: 09257289)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2024
and 5 April 2025 3,000,000
NET BOOK VALUE
At 5 April 2025 3,000,000
At 5 April 2024 3,000,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 2,870,082 2,612,681
Prepayments and accrued income 417 -
2,870,499 2,612,681

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Corporation tax 94,368 81,353
Social security and other taxes 34,523 13,369
Other creditors 3,029,871 3,029,971
Accruals and deferred income 47,844 51,384
3,206,606 3,176,077

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2,000 Ordinary £1 2,000 2,000