Company registration number 09946412 (England and Wales)
WJ Commercial Property Limited
Unaudited financial statements
For the year ended 31 January 2026
WJ Commercial Property Limited
Contents
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
WJ Commercial Property Limited
Balance sheet
As at 31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Investment property
3
4,413,851
3,691,641
Current assets
Debtors
4
39,546
117,498
Cash at bank and in hand
110,536
82,512
150,082
200,010
Creditors: amounts falling due within one year
5
(2,788,767)
(2,167,187)
Net current liabilities
(2,638,685)
(1,967,177)
Total assets less current liabilities
1,775,166
1,724,464
Provisions for liabilities
(214,000)
(214,000)
Net assets
1,561,166
1,510,464
Capital and reserves
Called up share capital
100
100
Other reserves
681,930
681,930
Profit and loss reserves
879,136
828,434
Total equity
1,561,166
1,510,464
WJ Commercial Property Limited
Balance sheet (continued)
As at 31 January 2026
- 2 -

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 15 April 2026
Mr W D Johnston
Director
Company registration number 09946412 (England and Wales)
WJ Commercial Property Limited
Notes to the financial statements
For the year ended 31 January 2026
- 3 -
1
Accounting policies
Company information

WJ Commercial Property Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Glades, Festival Way, Festival Park, Stoke-on-Trent, Staffordshire, ST1 5SQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

The director is owed an amount of £2,709,979.83 (2025 - £2,051,511.24) which is included within other creditors under 1 year, However he will not seek repayment until funds are available.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business.

Revenue from rentals of property are recognised when the amount of revenue can be measured reliably, it is probable that the economical benefits associated with the transactions will flow to the entity and the costs incurred in respect of the transaction can be measured reliably.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

WJ Commercial Property Limited
Notes to the financial statements (continued)
For the year ended 31 January 2026
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
WJ Commercial Property Limited
Notes to the financial statements (continued)
For the year ended 31 January 2026
- 5 -
3
Investment property
2026
£
Fair value
At 1 February 2025
3,691,641
Additions
722,210
At 31 January 2026
4,413,851

Investment property comprises commercial properties. The fair value of the investment property has been arrived at on the basis of a valuation carried out in May 2023 by Colliers surveyors, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
37,500
117,498
Other debtors
2,046
-
0
39,546
117,498
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
5,821
-
0
Taxation and social security
26,224
75,977
Other creditors
2,756,722
2,091,210
2,788,767
2,167,187
2026-01-31 2025-02-01 false false false 15 April 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr Wayne Douglas Johnston 09946412 2025-02-01 2026-01-31 09946412 2026-01-31 09946412 2025-01-31 09946412 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 09946412 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 09946412 core:ShareCapital 2026-01-31 09946412 core:ShareCapital 2025-01-31 09946412 core:OtherMiscellaneousReserve 2026-01-31 09946412 core:OtherMiscellaneousReserve 2025-01-31 09946412 core:RetainedEarningsAccumulatedLosses 2026-01-31 09946412 core:RetainedEarningsAccumulatedLosses 2025-01-31 09946412 bus:Director1 2025-02-01 2026-01-31 09946412 2024-02-01 2025-01-31 09946412 2025-01-31 09946412 core:CurrentFinancialInstruments 2026-01-31 09946412 core:CurrentFinancialInstruments 2025-01-31 09946412 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 09946412 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 09946412 bus:FRS102 2025-02-01 2026-01-31 09946412 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 09946412 bus:FullAccounts 2025-02-01 2026-01-31 xbrli:pure xbrli:shares iso4217:GBP