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Registration number: NI010992

Wyndana Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

Wyndana Limited

(Registration number: NI010992)
Balance Sheet as at 31 May 2025

| Note | 31/05/2025 £ | 31/05/2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,516,950 | 1,405,000
Current assets |  |  |
Debtors | 5 | 4,452 | 7,457
Cash at bank and in hand |  | 315,414 | 319,706
|  | 319,866 | 327,163
Creditors: Amounts falling due within one year | 6 | (162,386) | (47,968)
Net current assets |  | 157,480 | 279,195
Total assets less current liabilities |  | 1,674,430 | 1,684,195
Provisions for liabilities | 7 | (158,200) | (131,800)
Net assets |  | 1,516,230 | 1,552,395
Capital and reserves |  |  |
Called up share capital | 8 | 25,000 | 25,000
Retained earnings | 9 | 1,491,230 | 1,527,395
Shareholders' funds |  | 1,516,230 | 1,552,395

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 October 2025

......................................... Mr Kenneth James Director

Wyndana Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 3 Cleaver Park, Belfast, Co Antrim, BT9 5HX.

These financial statements were authorised for issue by the director on 22 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Rental income

Rental income represents the amount of rental and related charges invoiced to tenants.

Taxation

Current tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.
Deferred tax is provided in respect of all timing differences at the balance sheet. Timing differences are differences between the Company’s taxable profit and its results stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax assets and liabilities are not discounted.

Wyndana Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class | Depreciation method and rate
Freehold property | nil
Fixtures and fittings | 25% straight line

Investment property

Investment properties are initially measured at cost. Cost comprises the purchase price and any directly attributable expenditure including fees, taxes and other transaction costs. Direct costs initially incurred in arranging a lease are included in the cost of the property and subsequently expensed over the lease term. Investment properties are measured at fair value at each reporting date with any changes in fair value recognised in the profit and loss account.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Financial assets, including debtors, are reviewed at the reporting date to determine if there is any evidence of potential impairment. Any losses arising from impairment are recognised in the income statement in operating expenses.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Wyndana Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4 | Tangible assets

| Investment properties £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 June 2024 | 1,405,000 | 2,500 | 1,407,500
Revaluation during period | 111,950 | - | 111,950
At 31 May 2025 | 1,516,950 | 2,500 | 1,519,450
Depreciation
At 1 June 2024 | - | 2,500 | 2,500
At 31 May 2025 | - | 2,500 | 2,500
Carrying amount
At 31 May 2025 | 1,516,950 | - | 1,516,950
At 31 May 2024 | 1,405,000 | - | 1,405,000

The investment properties have been valued by the director as at 31 May 2025.

5 | Debtors

| 31/05/2025 £ | 31/05/2024 £
Trade debtors | 940 | 4,001
Prepayments | 3,512 | 3,456
| 4,452 | 7,457

6 | Creditors

Creditors: amounts falling due within one year

| 31/05/2025 £ | 31/05/2024 £
Due within one year |  |
Directors current account | 133,640 | 13,487
Corporation tax | 23,123 | 24,164
Other creditors | 5,623 | 10,317
| 162,386 | 47,968

Wyndana Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

7 | Provision for liabilities

| 31/05/2025 £ | 31/05/2024 £
Deferred tax |  |
As at 31 May 2024 | 131,800 | 131,800
Movement in provision for properties held | 26,400 | -
As at 31 May 2025 | 158,200 | 131,800

The deferred tax liability relates to the gains reported on the revaluation on the investment properties.

8 | Share capital

Allotted, called up and fully paid shares

| 31/05/2025 | 31/05/2024
| No. | £ | No. | £
Ordinary of £1 each | 25,000 | 25,000 | 25,000 | 25,000

The Company's share capital comprises 25,000 ordinary £1 shares. The shares carry full voting rights and there are no restrictions on the distribution of dividends or repayment of capital.

9 | Retained earnings

| 31/05/2025 |  | 31/05/2024
| £ |  | £
Distributable reserve | 561,289 |  | 683,004
Non-distributable reserve | 929,941 |  | 844,391
| 1,491,230 |  | 1,527,395

10 | Related party transactions

| 31/05/2025 £ | 31/05/2024 £
Directors current account | 133,640 | 13,487