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Registration number: 15619403

W Offices Limited
Unaudited Filleted Financial Statements
for the Period from 5 April 2024 to 30 April 2025

W Offices Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

W Offices Limited

(Registration number: 15619403)
Balance Sheet as at 30 April 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 1,762,299
Current assets |  |
Debtors | 5 | 100
Cash at bank and in hand |  | 2,944
|  | 3,044
Creditors: Amounts falling due within one year | 6 | (90,461)
Net current liabilities |  | (87,417)
Total assets less current liabilities |  | 1,674,882
Creditors: Amounts falling due after more than one year | 6 | (1,700,538)
Net liabilities |  | (25,656)
Capital and reserves |  |
Called up share capital | 7 | 100
Retained earnings |  | (25,756)
Shareholders' deficit |  | (25,656)

For the financial period ending 30 April 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 period 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 24 March 2026

......................................... Mr Theoharis Philippou Director

W Offices Limited

Notes to the Unaudited Financial Statements for the Period from 5 April 2024 to 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3rd Floor
Marlborough House
298 Regents Park Road
London
N3 2SZ

These financial statements were authorised for issue by the director on 24 March 2026.

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.

The accounts are prepared in the company's functional currency of British Pounds (£) and rounded to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

W Offices Limited

Notes to the Unaudited Financial Statements for the Period from 5 April 2024 to 30 April 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Trade creditors

Creditors with no stated interest rate and payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

W Offices Limited

Notes to the Unaudited Financial Statements for the Period from 5 April 2024 to 30 April 2025

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
Additions | 1,762,299 | 1,762,299
At 30 April 2025 | 1,762,299 | 1,762,299
Depreciation
Carrying amount
At 30 April 2025 | 1,762,299 | 1,762,299

Included within the net book value of land and buildings above is £1,762,299 in respect of long leasehold land and buildings.

5 | Debtors

Current | 2025 £
Other debtors | 100
| 100

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Loans and borrowings | 8 | 83,178
Taxation and social security |  | 1,656
Accruals and deferred income |  | 3,175
Other creditors |  | 2,452
|  | 90,461

Creditors include bank loans which is secured by way of fixed charge on the long leasehold property and also by personal guarantees as well as a cross guarantee.

W Offices Limited

Notes to the Unaudited Financial Statements for the Period from 5 April 2024 to 30 April 2025

Creditors: amounts falling due after more than one year

| Note | 2025 £
Due after one year |  |
Loans and borrowings | 8 | 1,700,538

7 | Share capital

Allotted, called up and fully paid shares

| 2025
| No. | £
Ordinary Shares of £1 each | 100 | 100

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £
Bank borrowings | 903,576
Other borrowings | 796,962
| 1,700,538

Current loans and borrowings

| 2025 £
Bank borrowings | 83,178