REGISTERED NUMBER: 03917196 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Wellbeing Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Nelson

I R Reed

SECRETARY:

R Nelson

REGISTERED OFFICE:

1 Wentworth House

Vernon Gate

Derby

DE1 1UR

REGISTERED NUMBER:

03917196 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

3,162

4,216

Investment property

5

375,000

375,000

378,162

379,216

CURRENT ASSETS

Debtors

6

450

-

Cash at bank

50

740

500

740

CREDITORS

Amounts falling due within one year

7

80,654

98,754

NET CURRENT LIABILITIES

(80,154

)

(98,014

)

TOTAL ASSETS LESS CURRENT LIABILITIES

298,008

281,202

PROVISIONS FOR LIABILITIES

8

15,200

15,200

NET ASSETS

282,808

266,002

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

9

169,489

169,489

Retained earnings

9

113,317

96,511

SHAREHOLDERS' FUNDS

282,808

266,002

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2025 and were signed on its behalf by:

R Nelson - Director

1.	STATUTORY INFORMATION

Wellbeing Property 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.

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.

Turnover

Turnover represents the invoiced value of sales and rents received, excluding value added tax. Turnover is recognised in the year in which the services are provided.

Tangible fixed assets

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

Plant and machinery

- 25% on reducing balance

Investment property

Investment property is not depreciated but is revalued annually at its fair value, in accordance with Section 1A "Small Entities" of Financial Reporting Standard 102 Any aggregate surplus or deficit arising from the changes in fair value is recognised in the profit or loss account and transferred into a fair value reserve.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

37,298

DEPRECIATION

At 1 April 2024

33,082

Charge for year

1,054

At 31 March 2025

34,136

NET BOOK VALUE

At 31 March 2025

3,162

At 31 March 2024

4,216

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

375,000

NET BOOK VALUE

At 31 March 2025

375,000

At 31 March 2024

375,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

375,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

190,311

190,311

Aggregate depreciation

(87,464

)

(83,658

)

Investment property was valued on a fair value basis on 31 March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

450

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

4,189

4,208

Social security and other taxes

150

75

Due to Wellbeing Clinics (UK) Limited

74,694

92,994

Accruals and deferred income

60

-

Accrued expenses

1,561

1,477

80,654

98,754

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

15,200

15,200

Deferred

tax

£

Balance at 1 April 2024

15,200

Balance at 31 March 2025

15,200

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

96,511

169,489

266,000

Profit for the year

16,806

16,806

At 31 March 2025

113,317

169,489

282,806