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Registered number: 11795045
Wbn Property Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Peter Jarman LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11795045
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,754 -
Investment Properties 5 351,601 155,000
354,355 155,000
CURRENT ASSETS
Debtors 6 772 26,732
Cash at bank and in hand 3,095 1,851
3,867 28,583
Creditors: Amounts Falling Due Within One Year 7 (113,589 ) (72,798 )
NET CURRENT ASSETS (LIABILITIES) (109,722 ) (44,215 )
TOTAL ASSETS LESS CURRENT LIABILITIES 244,633 110,785
Creditors: Amounts Falling Due After More Than One Year 8 (240,615 ) (107,150 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,072 ) (502 )
NET ASSETS 2,946 3,133
CAPITAL AND RESERVES
Called up share capital 10 1 1
Fair value reserve 11 4,570 2,140
Profit and Loss Account (1,625 ) 992
SHAREHOLDERS' FUNDS 2,946 3,133
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr A J Wedderburn
Director
02/06/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wbn Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11795045 . The registered office is Office 1, Izabella House 24-26 Regent Place, City Centre, Birmingham, B1 3NJ.
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
Turnover represents rents receivable on investment properties for the accounting period.
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:
Fixtures & Fittings 25% on reducing balance
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. 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. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 February 2025 -
Additions 3,246
As at 31 January 2026 3,246
Depreciation
As at 1 February 2025 -
Provided during the period 492
As at 31 January 2026 492
Net Book Value
As at 31 January 2026 2,754
As at 1 February 2025 -
5. Investment Property
2026
£
Fair Value
As at 1 February 2025 155,000
Additions 193,601
Revaluations 3,000
As at 31 January 2026 351,601
If investment properties had not been revalued they would have been included at the following historical cost:
2026 2025
£ £
Cost 345,959 152,358
Investment properties were valued on an open market basis on 31 January 2026 by the director.

The first property was purchased in November 2021, the property has been valued at £158,000 at the year-end January 2026.
The second property was purchased in April 2025 and has not been revalued at the year-end January 2026. The director does not believe the market value would have changed in this period.
The combined value of the properties at the financial year end is £351,601.
Cost: £345,959
Valuation in 2024: £(5,358)
Valuation in 2025: £8,000
Valuation in 2026: £3,000
Total: £351,601
Page 4
Page 5
6. Debtors
2026 2025
£ £
Due within one year
Other debtors 772 26,732
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 113,589 72,565
Taxation and social security - 233
113,589 72,798
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Mortgage 240,615 107,150
9. Secured Creditors
The mortgages are secured over the assets in the company, including the investment properties.
2026 2025
£ £
Bank loans and overdrafts 240,615 107,150
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
11. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 February 2025 2,140 992
Loss for the year and total comprehensive income - (187 )
Transfer to/from Fair value reserve - (2,430)
Transfer to/from Profit & Loss Account 2,430 -
As at 31 January 2026 4,570 (1,625 )
Page 5