Company Registration No. 15559345 (England and Wales)
WKBL Property Limited
Unaudited accounts
for the period from 13 March 2024 to 31 March 2025
WKBL Property Limited
Unaudited accounts
Contents
WKBL Property Limited
Company Information
for the period from 13 March 2024 to 31 March 2025
Directors
Keely Jane Coates
William David Coates
Company Number
15559345 (England and Wales)
Registered Office
35 Goddard Way
Tuffley
Gloucester
GL4 0YA
England
Accountants
Next Level Accountants Limited
35 Goddard Way
Tuffley
Gloucester
Gloucestershire
GL4 0YA
WKBL Property Limited
Statement of financial position
as at 31 March 2025
Investment property
367,637
Cash at bank and in hand
2,042
Creditors: amounts falling due within one year
(376,429)
Net current liabilities
(374,387)
Called up share capital
100
Profit and loss account
(4,732)
Shareholders' funds
(4,632)
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2025 and were signed on its behalf by
William David Coates
Director
Company Registration No. 15559345
WKBL Property Limited
Notes to the Accounts
for the period from 13 March 2024 to 31 March 2025
WKBL Property Limited is a private company, limited by shares, registered in England and Wales, registration number 15559345. The registered office is 35 Goddard Way, Tuffley, Gloucester, GL4 0YA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Fixtures & fittings
20% Straight Line
Other tangible fixed assets
20% Straight Line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
WKBL Property Limited
Notes to the Accounts
for the period from 13 March 2024 to 31 March 2025
4
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2025
Loans from directors
375,779
7
Average number of employees
During the period the average number of employees was 0.