Wembley Metro Limited

Contents

Company Information	1
Directors' Report	2
Accountants' Report	3
Profit and Loss Account	4
Balance Sheet	5 to 6
Notes to the Unaudited Financial Statements	5
Detailed Profit and Loss Account	7

Company Information

Directors

D A Bistricer

T Rudinsky

M A Richman

Registered office

2nd Floor - Parkgates
Bury New Road
Prestwich
M25 0TL

Wembley Metro Limited

Directors' Report for the Year Ended 31 December 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the year were as follows:

D A Bistricer

T Rudinsky

M A Richman

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 27 October 2025 and signed on its behalf by:

.........................................
D A Bistricer
Director

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Wembley Metro Limited
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wembley Metro Limited for the year ended 31 December 2024 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Wembley Metro Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Wembley Metro Limited and state those matters that we have agreed to state to the Board of Directors of Wembley Metro Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wembley Metro Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Wembley Metro Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Wembley Metro Limited. You consider that Wembley Metro Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Wembley Metro Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Haffner Hoff Limited
2nd Floor - Parkgates
Bury New Road
Prestwich
M25 0TL

27 October 2025

Wembley Metro Limited

Profit and Loss Account for the Year Ended 31 December 2024

	2024 £	2023 £
Turnover	825,056	757,623
Other income	-	1,312
Other charges	(833,638)	(797,207)
Loss for the year	(8,582)	(38,272)

Wembley Metro Limited

(Registration number: 12278442)
Balance Sheet as at 31 December 2024

	2024 £	2023 £
Fixed assets	12,658,837	12,658,837
Current assets	127,070	206,241
Prepayments and accrued income	57,239	35,000
Creditors: Amounts falling due within one year	(6,366,469)	(6,431,278)
Net current liabilities	(6,182,160)	(6,190,037)
Total assets less current liabilities	6,476,677	6,468,800
Creditors: Amounts falling due after more than one year	(6,982,449)	(6,957,672)
Accruals and deferred income	(52,618)	(60,936)
	(558,390)	(549,808)
Capital and reserves	(558,390)	(549,808)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2nd Floor - Parkgates
Bury New Road
Prestwich
M25 0TL
England

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

Wembley Metro Limited

(Registration number: 12278442)
Balance Sheet as at 31 December 2024

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

Approved and authorised by the Board on 27 October 2025 and signed on its behalf by:

.........................................
D A Bistricer
Director

Wembley Metro Limited

Detailed Profit and Loss Account for the Year Ended 31 December 2024

	2024 £	2023 £
Parking revenue	1,200	1,200
Rental income from investment property	823,856	756,423
	825,056	757,623
Rental overheads
Council tax	927	3,121
Agents commission	26,457	26,457
Insurance	49,633	41,828
Security	19,198	13,046
Letting fees	25,608	50,808
Repairs, renewals and maintenance	88,320	89,487
Heat and light	36,674	30,866
Cleaning	24,150	24,366
Service charges	50,929	9,564
	(321,896)	(289,543)
Administrative expenses
Sundry expenses	373	231
Accountancy fees	2,244	432
Legal and professional fees	2,185	-
Bad debts written off	179	-
Bank charges	776	(22)
	(5,757)	(641)
Operating profit	497,403	467,439

Other interest receivable and similar income	-	1,312
Interest payable and similar charges	(481,207)	(482,246)
Cost of obtaining finance	(24,778)	(24,777)
	(505,985)	(505,711)
Loss before tax	(8,582)	(38,272)
Tax
Loss after tax	(8,582)	(38,272)

Retained earnings brought forward	(549,809)	(511,537)
Retained earnings carried forward	(558,391)	(549,809)