Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3142024-01-01falseNo description of principal activity3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03041641 2024-01-01 2024-12-31 03041641 2024-12-31 03041641 2023-01-01 2023-12-31 03041641 2023-12-31 03041641 c:CompanySecretary1 2024-01-01 2024-12-31 03041641 c:Director1 2024-01-01 2024-12-31 03041641 c:Director2 2024-01-01 2024-12-31 03041641 c:Director3 2024-01-01 2024-12-31 03041641 c:RegisteredOffice 2024-01-01 2024-12-31 03041641 d:FreeholdInvestmentProperty 2024-12-31 03041641 d:FreeholdInvestmentProperty 2023-12-31 03041641 d:CurrentFinancialInstruments 2024-12-31 03041641 d:CurrentFinancialInstruments 2023-12-31 03041641 d:Non-currentFinancialInstruments 2024-12-31 03041641 d:Non-currentFinancialInstruments 2023-12-31 03041641 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 03041641 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03041641 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 03041641 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 03041641 d:ShareCapital 2024-12-31 03041641 d:ShareCapital 2023-12-31 03041641 d:RevaluationReserve 2024-12-31 03041641 d:RevaluationReserve 2023-12-31 03041641 d:RetainedEarningsAccumulatedLosses 2024-12-31 03041641 d:RetainedEarningsAccumulatedLosses 2023-12-31 03041641 c:FRS102 2024-01-01 2024-12-31 03041641 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03041641 c:FullAccounts 2024-01-01 2024-12-31 03041641 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03041641 5 2024-01-01 2024-12-31 03041641 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 03041641







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


WR PROPERTIES LIMITED






































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WR PROPERTIES LIMITED
 


 
COMPANY INFORMATION


Directors
P Walker-Robson 
S M Francis 
A J W Walker-Robson 




Company secretary
P Walker-Robson



Registered number
03041641



Registered office
231 Waldegrave Road

Twickenham

Middlesex

TW1 4TA




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


WR PROPERTIES LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5


 


WR PROPERTIES LIMITED
REGISTERED NUMBER:03041641



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property and other related investments
 4 
1,008,255
1,008,255

  
1,008,255
1,008,255

Current assets
  

Debtors: amounts falling due within one year
 5 
3,397
-

Cash at bank and in hand
  
105,577
60,200

  
108,974
60,200

Creditors: amounts falling due within one year
 6 
(57,105)
(20,299)

Net current assets
  
 
 
51,869
 
 
39,901

Total assets less current liabilities
  
1,060,124
1,048,156

Creditors: amounts falling due after more than one year
 7 
(914,184)
(925,448)

  

Net assets
  
145,940
122,708


Capital and reserves
  

Allotted, called up and fully paid share capital
  
100
100

Revaluation reserve
  
(60,777)
(60,777)

Profit and loss account
  
206,617
183,385

  
145,940
122,708


Page 1

 


WR PROPERTIES LIMITED
REGISTERED NUMBER:03041641


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

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 year 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.

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 by: 




................................................
P Walker-Robson
Director

Date: 4 August 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


WR PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

WR Properties Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office, which is also the principal place of business, is disclosed on the company information page. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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:

 
2.2

Revenue

Revenue comprises rents receivable in connection with the Company's freehold investment properties.

 
2.3

Taxation

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 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.


 
2.4

Revaluation of investment properties and other related investments

Individual freehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.5

Investment properties and other related investments

Investment property is carried at fair value determined annually by the director with reference to the values of similar properties in the local area. No depreciation is provided.  Changes in fair value are recognised in the profit or loss.

Other related investments whose market value can be reliably determined, are remeasured to market value at each reporting date. No depreciation is provided and revaluation gains and losses are recognised in other comprehensive income.

Page 3

 


WR PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company only enters into basic financial instruments 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 and loans to related parties.


3.


Employees



The average monthly number of employees, including the Directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
3
4


4.


Investment properties and other related investments


Freehold investment properties and other related investments

£



Valuation


At 1 January 2024
1,008,255



At 31 December 2024
1,008,255

The 2024 valuations were made by the directors, on an open market value for existing use basis.





5.


Debtors

2024
2023
£
£

Due within one year

Other debtors
3,397
-


Page 4

 


WR PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to associates
30,000
-

Corporation tax
3,363
7,093

Other creditors
1,000
-

Accruals and deferred income
22,742
13,206

57,105
20,299



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
612,544
614,808

Amounts owed to related parties
301,640
310,640

914,184
925,448



8.


Related party transactions

During the year, interest of £12,066 has been paid to WR Property Funding Limited. At the year end there was a balance of £301,640 due to WR Property Funding Limited (2024: £301,640), a company controlled by P Walker-Robson.
At the year end there was a balance of £30,000 due to Alternative Property Income Partnership 4 and also a balance due from Alternative Property Income Partnership 4 of £3,397 (2024: £nil), a trust that WR Properties Limited and P Walker-Robson are beneficiaries of.

 
Page 5