IRIS Accounts Production v25.4.12.37 SC394784 director 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC394784 2024-03-31 SC394784 2025-03-31 SC394784 2024-04-01 2025-03-31 SC394784 2023-03-31 SC394784 2023-04-01 2024-03-31 SC394784 2024-03-31 SC394784 ns15:Scotland 2024-04-01 2025-03-31 SC394784 ns14:PoundSterling 2024-04-01 2025-03-31 SC394784 ns10:Director1 2024-04-01 2025-03-31 SC394784 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC394784 ns10:SmallEntities 2024-04-01 2025-03-31 SC394784 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC394784 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 SC394784 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC394784 ns10:FullAccounts 2024-04-01 2025-03-31 SC394784 ns10:RegisteredOffice 2024-04-01 2025-03-31 SC394784 ns5:CurrentFinancialInstruments 2025-03-31 SC394784 ns5:CurrentFinancialInstruments 2024-03-31 SC394784 ns5:Non-currentFinancialInstruments 2025-03-31 SC394784 ns5:Non-currentFinancialInstruments 2024-03-31 SC394784 ns5:ShareCapital 2025-03-31 SC394784 ns5:ShareCapital 2024-03-31 SC394784 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 SC394784 ns5:RetainedEarningsAccumulatedLosses 2024-03-31

REGISTERED NUMBER: SC394784 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Wrl Properties Limited

| Wrl Properties Limited (Registered number: SC394784) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Wrl Properties Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | Mr W Ivers

| REGISTERED OFFICE: | Add Accountancy Ltd

| 6 Market Square

| Oldemeldrum

| Aberdeenshire

| AB51 0AA

| REGISTERED NUMBER: | SC394784 (Scotland)

| ACCOUNTANTS: | BW Accountancy Services Limited

| 25a Market Place

| Inverurie

| AB51 3PU

| Wrl Properties Limited (Registered number: SC394784) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 168,770 |  | 168,770 |  |

CURRENT ASSETS

Cash at bank | 1,114 |  | 139 |  |

CREDITORS

Amounts falling due within one year | 5 | 71,329 |  | 64,874 |  |

NET CURRENT LIABILITIES | (70,215 | ) | (64,735 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 98,555 |  | 104,035 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 57,255 |  | 64,947 |  |

NET ASSETS | 41,300 |  | 39,088 |  |

CAPITAL AND RESERVES

Called up share capital | 900 |  | 900 |  |

Retained earnings | 40,400 |  | 38,188 |  |

41,300 |  | 39,088 |  |

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 director acknowledges his 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.

| Wrl Properties Limited (Registered number: SC394784) |

Balance Sheet - continued

31 March 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2026 and were signed by:

Mr W Ivers - Director

| Wrl Properties Limited (Registered number: SC394784) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Wrl Properties Limited is a private company, limited by shares , registered in Scotland. 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.

| Turnover

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

| 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 Statement of Income and Retained Earnings, 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 168,770 |  |

| NET BOOK VALUE

| At 31 March 2025 | 168,770 |  |

| At 31 March 2024 | 168,770 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 2,453 |  | - |  |

| Trade creditors | 647 |  | 630 |  |

| Taxation and social security | 817 |  | 243 |  |

| Other creditors | 67,412 |  | 64,001 |  |

71,329 |  | 64,874 |  |

| Wrl Properties Limited (Registered number: SC394784) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 57,255 |  | 64,947 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 47,444 |  | 35,167 |  |

7. | RELATED PARTY DISCLOSURES

| Mr W Ivers is also a director of Warren Ivers Electrical Services Limited, a company registered in Scotland. At the balance sheet date, the amount due to Warren Ivers Electrical Services Limited was £55,141 (2023 - £54,291).

8. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mr W Ivers.