REGISTERED NUMBER: 13377941 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

W & A Property Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

W Lorkievicz

REGISTERED OFFICE:

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

REGISTERED NUMBER:

13377941 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

FIXED ASSETS

Tangible assets

4

15,399

18,116

Investment property

5

470,000

500,000

485,399

518,116

CURRENT ASSETS

Cash at bank

830

2,317

CREDITORS

Amounts falling due within one year

6

468,767

478,452

NET CURRENT LIABILITIES

(467,937

)

(476,135

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,462

41,981

PROVISIONS FOR LIABILITIES

-

8,015

NET ASSETS

17,462

33,966

CAPITAL AND RESERVES

Called up share capital

7

100

100

Fair value reserve

8

9,457

33,865

Retained earnings

7,905

1

SHAREHOLDERS' FUNDS

17,462

33,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 September 2025 and were signed by:

W Lorkievicz - Director

1.	STATUTORY INFORMATION

W & A Property Investments 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

15% on reducing balance

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.

Financial instruments

The Company only enters into basic financial instrument 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, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern

At 31 May 2025 the Company's current liabilities exceeded its current assets by £467,937 (2024: £476,135).

Included within current liabilities is a loan of £465,057 (2024: £476,893 provided by director and will continue to be available for a period of at least 12 months.

On the basis described above, the director considers it appropriate to prepare these financial statements on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 June 2024

and 31 May 2025

21,588

DEPRECIATION

At 1 June 2024

3,472

Charge for year

2,717

At 31 May 2025

6,189

NET BOOK VALUE

At 31 May 2025

15,399

At 31 May 2024

18,116

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

500,000

Revaluations

(30,000

)

At 31 May 2025

470,000

NET BOOK VALUE

At 31 May 2025

470,000

At 31 May 2024

500,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2023

24,165

Valuation in 2024

475,835

Valuation in 2025

(30,000

)

470,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

2,040

-

Directors' current accounts

465,057

476,893

Accrued expenses

1,670

1,559

468,767

478,452

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Fair

value

reserve

£

At 1 June 2024

33,865

Revaluation

(24,408

)

At 31 May 2025

9,457