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Company Registration No. 12221449 (England and Wales)
Wealth Church Homes Ltd Unaudited accounts for the year ended 30 September 2025
Wealth Church Homes Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Wealth Church Homes Ltd Company Information for the year ended 30 September 2025
Directors
Arman Sethi Mariana Mihalcea
Company Number
12221449 (England and Wales)
Registered Office
9-11 New Broadway Ealing London W5 5AW England
Accountants
Cloud Tax Ltd 9-11 New Broadway Ealing London W5 5AW
- 3 -
Wealth Church Homes Ltd Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,600 
1,343,061 
Investment property
5
1,580,000 
- 
1,584,600 
1,343,061 
Current assets
Cash at bank and in hand
393,585 
426,286 
Creditors: amounts falling due within one year
6
(43,602)
(10,247)
Net current assets
349,983 
416,039 
Total assets less current liabilities
1,934,583 
1,759,100 
Creditors: amounts falling due after more than one year
7
(1,072,379)
(1,307,474)
Net assets
862,204 
451,626 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
671,742 
497,900 
Profit and loss account
190,461 
(46,275)
Shareholders' funds
862,204 
451,626 
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by
Arman Sethi Director Company Registration No. 12221449
- 4 -
Wealth Church Homes Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Wealth Church Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 12221449. The registered office is 9-11 New Broadway, Ealing, London, W5 5AW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
- 5 -
Wealth Church Homes Ltd Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
1,349,974 
5,866 
1,355,840 
Transfer to investment property
(1,349,974)
- 
(1,349,974)
At 30 September 2025
- 
5,866 
5,866 
Depreciation
At 1 October 2024
12,663 
116 
12,779 
Charge for the year
- 
1,150 
1,150 
On transfers from investment property
(12,663)
- 
(12,663)
At 30 September 2025
- 
1,266 
1,266 
Net book value
At 30 September 2025
- 
4,600 
4,600 
At 30 September 2024
1,337,311 
5,750 
1,343,061 
5
Investment property
2025 
£ 
Additions
68,821 
Net gain from fair value adjustments
173,842 
Transfers from tangible fixed assets
1,337,337 
At 30 September 2025
1,580,000 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
43,602 
8,246 
Accruals
- 
2,001 
43,602 
10,247 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
428,608 
709,890 
Other creditors
285,032 
316,022 
Loans from directors
358,739 
281,562 
1,072,379 
1,307,474 
8
Transactions with related parties
During the year, Medina Halal Meat & Grocery Ltd, an associate company, waived a loan balance of £177,081 due from the company. At the year end, no amount was owed to Medina Halal Meat & Grocery Ltd (2024: £177,081).
9
Average number of employees
During the year the average number of employees was 3 (2024: 1).
- 6 -
Wealth Church Homes Ltd Notes to the Accounts for the year ended 30 September 2025
10
Reconciliations on adoption of FRS 102
- 7 -