REGISTERED NUMBER: 03720274 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Wild Acre Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

K T Connolly

S Gallagher

L M Gallagher

L F Gallagher

J E Gallagher

C Gallagher

SECRETARY:

S E Gallagher

REGISTERED OFFICE:

1A Spring Grove

Fetcham

Surrey

KT22 9NN

REGISTERED NUMBER:

03720274 (England and Wales)

ACCOUNTANTS:

ansteybond

1-2 Charterhouse Mews

London

EC1M 6BB

SOLICITORS:

DMH Stallard

1st Floor

Wonersh House

Old Portsmouth Road

Guildford

Surrey

GU3 1LR

FIXED ASSETS

Investment property

4

3,226,939

3,607,939

CURRENT ASSETS

Debtors

5

330,832

129,181

Cash at bank

208,720

360,629

539,552

489,810

CREDITORS

Amounts falling due within one year

6

(38,994

)

(152,756

)

NET CURRENT ASSETS

500,558

337,054

TOTAL ASSETS LESS CURRENT LIABILITIES

3,727,497

3,944,993

PROVISIONS FOR LIABILITIES

(259,943

)

(269,201

)

NET ASSETS

3,467,554

3,675,792

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Fair value reserve

7

1,076,805

1,076,805

Retained earnings

2,380,749

2,588,987

3,467,554

3,675,792

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

S Gallagher - Director

1.	STATUTORY INFORMATION

Wild Acre Properties 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Motor Vehicles - 25% on reducing balance

Computer Equipment - 33% on cost

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalent

In the company's financial statements, cash and cash equivalents includes cash on hand and deposits held with banks.

Trade and other debtors

Trade and other debtors are measured at transaction price less any impairment.

Trade and other creditors

Trade and other creditors are obligations to pay for services that have been acquired in the ordinary course of business and are measured at historical cost. Accrued expenses are recognised when the amount can be measured reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

3,607,939

Disposals

(381,000

)

At 31 March 2025

3,226,939

NET BOOK VALUE

At 31 March 2025

3,226,939

At 31 March 2024

3,607,939

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

1,783,032

Valuation in 2020

179,926

Valuation in 2022

239,895

Valuation in 2023

(25,387

)

Valuation in 2024

24,939

Valuation in 2025

(381,000

)

Cost

1,405,534

3,226,939

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

279,000

129,000

Other debtors

51,832

181

330,832

129,181

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

-

116,986

Other creditors

38,994

35,770

38,994

152,756

7.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

1,076,805

8.	RELATED PARTY DISCLOSURES

As at the balance sheet date, there is an amount of £34,000 (2024: £34,000), owed to the company, from Lee Gallagher Limited, a company under common control of Mr L F Gallagher, director and shareholder of the company.

As at the balance sheet date, there is an amount of £245,000 (2024: £95,000), owed to the company, from J&L Gallagher Properties Limited, a company under common control of Mr L M Gallagher, director and shareholder of the company.

During the year the company advanced a loan to C Gallagher, a director and shareholder of the company. The balance outstanding at the year end was £33,199. The loan is unsecured, carries interest at a rate of 2.25% per annum, and is repayable on demand. Interest charged to the director during the year amounted to £699. No amounts were written off or waived during the year.

9.	ULTIMATE CONTROLLING PARTY

In the opinion of the Directors there is no ultimate controlling party.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wild Acre Properties Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Wild Acre Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Wild Acre Properties Limited. You consider that Wild Acre Properties 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 financial statements of Wild Acre Properties 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 financial statements.

ansteybond

1-2 Charterhouse Mews

London

EC1M 6BB

24 December 2025