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Registration number: 02887168

Wharf Properties (Wroughton) Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2026

Wharf Properties (Wroughton) Limited

Contents

Balance Sheet | 1 to 2
Notes to the Financial Statements | 3 to 7

Wharf Properties (Wroughton) Limited

(Registration number: 02887168)
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 2,009 | 6,405
Investment property | 5 | 3,470,720 | 3,495,840
Investments | 6 | 2 | 2
|  | 3,472,731 | 3,502,247
Current assets |  |  |
Debtors | 7 | 13,034 | 12,365
Cash at bank and in hand |  | 1,249,455 | 1,071,048
|  | 1,262,489 | 1,083,413
Creditors: Amounts falling due within one year | 8 | (69,690) | (111,921)
Net current assets |  | 1,192,799 | 971,492
Total assets less current liabilities |  | 4,665,530 | 4,473,739
Provisions for liabilities |  | (378,649) | (350,788)
Net assets |  | 4,286,881 | 4,122,951
Capital and reserves |  |  |
Called up share capital | 9 | 5,000 | 5,000
Other reserves |  | 1,750,862 | 1,733,598
Retained earnings |  | 2,531,019 | 2,384,353
Shareholders' funds |  | 4,286,881 | 4,122,951

Wharf Properties (Wroughton) Limited

(Registration number: 02887168)
Balance Sheet as at 31 January 2026

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 June 2026 and signed on its behalf by:

......................................... Mrs J A St Clair-Wilcox Director

Wharf Properties (Wroughton) Limited

Notes to the Financial Statements for the Year Ended 31 January 2026

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:
16 Rowan House
Holbrook Way
Swindon
Wiltshire
SN1 5BY

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

Group accounts not prepared

The company has taken advantage of the exemption under swction 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group..

Judgements

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carry value of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experiance and other factors that are considered to be relevant. actual results may differ from these estimates.
Investment Properties are valued by the director based on her estimate of the open market value at each balance sheet date.

Revenue recognition

Turnover is recognised at the fair value of rents and associated income receivable from tenants, and is shown net of VAT.
Rental income is recognised over the period of the tenancies.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Wharf Properties (Wroughton) Limited

Notes to the Financial Statements for the Year Ended 31 January 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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:

Asset class | Depreciation method and rate
Fixtures, fittings & equipment | 25% to 50% straight line
Motor vehicles | 25% straight line

Investment property

Investment property, which is property held to earn rentals and/or capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

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.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Wharf Properties (Wroughton) Limited

Notes to the Financial Statements for the Year Ended 31 January 2026

Employee benefits

The costs of short term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Grants

Government grants are accounted for as revenue based grants under the accrual model in the period in which they are receivable.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2025 - 5).

4 | Tangible assets

| Fixtures and fittings £ | Motor vehicles £ | Total £
Cost or valuation
At 1 February 2025 | 12,099 | 9,600 | 21,699
Additions | 909 | - | 909
Disposals | - | (9,600) | (9,600)
At 31 January 2026 | 13,008 | - | 13,008
Depreciation
At 1 February 2025 | 9,094 | 6,200 | 15,294
Charge for the year | 1,905 | - | 1,905
Eliminated on disposal | - | (6,200) | (6,200)
At 31 January 2026 | 10,999 | - | 10,999
Carrying amount
At 31 January 2026 | 2,009 | - | 2,009
At 31 January 2025 | 3,005 | 3,400 | 6,405

Wharf Properties (Wroughton) Limited

Notes to the Financial Statements for the Year Ended 31 January 2026

5 | Investment properties

| 2026 £
At 1 February 2023 | 3,495,840
Disposals | (404,400)
Fair value adjustments | 379,280
At 31 January 2024 | 3,470,720

Investment property comprises houses and flats, let both furnished and unfurnished, and office accommodation. The fair value of the investment property has been arrived at on the basis of a valuation carried by the director, Mrs J A St. Clair - Wilcox. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6 | Investments

| 2026 £ | 2025 £
Investments in subsidiaries | 2 | 2

The company holds all the issued share capital of Rowan House (Swindon) Management Company Limited. This is a flat management company and deemed to be not trading.

7 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | - | 704
Other debtors | 13,034 | 11,661
| 13,034 | 12,365

Wharf Properties (Wroughton) Limited

Notes to the Financial Statements for the Year Ended 31 January 2026

8 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 1,868 | 995
Taxation and social security | 50,976 | 93,371
Other creditors | 16,846 | 17,555
| 69,690 | 111,921

9 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary Shares of £1 each | 5,000 | 5,000 | 5,000 | 5,000