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Registered number: 15721680
Wards Properties Solutions Ltd
Unaudited Financial Statements
For the Period 15 May 2024 to 31 May 2025
Wards Properties Solutions Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Wards Properties Solutions Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 15721680

| 31 May 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 3,160,000
|  |  | 3,160,000
CURRENT ASSETS
Debtors | 5 | 3,928 |
Cash at bank and in hand |  | 79,749 |
|  | 83,677 |
Creditors: Amounts Falling Due Within One Year | 6 | (23,292 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 60,385
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,220,385
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (344,980 )
NET ASSETS |  |  | 2,875,405
CAPITAL AND RESERVES
Called up share capital | 8 |  | 202
Share premium account |  |  | 2,821,267
Profit and Loss Account |  |  | 53,936
SHAREHOLDERS' FUNDS |  |  | 2,875,405

Page 1
Page 2
Wards Properties Solutions Ltd
Balance Sheet (continued)
As At 31 May 2025
For the period ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mrs Bernadette Ward Director | Mr Michael Ward Director
13/02/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Wards Properties Solutions Ltd
Notes to the Financial Statements
For the Period 15 May 2024 to 31 May 2025
Notes to the Financial Statements
1. General Information
Wards Properties Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15721680 . The registered office is 184 Henleaze Road, Henleaze, Bristol, BS9 4NE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Letting of rental property
Turnover from rental property comprises of income earned from letting property. Rents and service charges from lettings are recognised net of losses from voids. Income is recognised from the date the property is first let.
Other trading income
Turnover from other trading activities are measured at the fair value of the consideration received or receivable, net of discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
Wards Properties Solutions Ltd
Notes to the Financial Statements (continued)
For the Period 15 May 2024 to 31 May 2025
2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees, including directors, during the year was 2
2
4. Tangible Assets

| Investment Properties
--- | ---
| £
Cost
As at 15 May 2024 | -
Additions | 3,160,000
As at 31 May 2025 | 3,160,000
Net Book Value
As at 31 May 2025 | 3,160,000
As at 15 May 2024 | -

5. Debtors

| 31 May 2025
--- | ---
| £
Due within one year
Prepayments and accrued income | 3,928

6. Creditors: Amounts Falling Due Within One Year

| 31 May 2025
--- | ---
| £
Corporation tax | 15,454
Directors' loan accounts | 7,838
| 23,292

7. Creditors: Amounts Falling Due After More Than One Year

| 31 May 2025
--- | ---
| £
Bank loans | 344,980

8. Share Capital

| 31 May 2025
--- | ---
| £
Allotted, Called up and fully paid | 202

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