REGISTERED NUMBER: 08182926 (England and Wales)

WRANGLE BOX PROPERTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

Accountants' Report

7

DIRECTORS:

Mrs L A Dickinson

Mrs B O Dickinson

A J Dickinson

T J H Curtis

Mrs D J Curtis

SECRETARY:

Mrs B O Dickinson

REGISTERED OFFICE:

Brenton Villa

Wrangle Bank

Boston

Lincolnshire

PE22 9DL

REGISTERED NUMBER:

08182926 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

18 Northgate

Sleaford

Lincolnshire

NG34 7BJ

FIXED ASSETS

Investment property

4

5,401,573

5,092,017

CURRENT ASSETS

Debtors

5

43,387

193,717

Cash at bank

280,454

7,029

323,841

200,746

CREDITORS

Amounts falling due within one year

6

650,408

899,682

NET CURRENT LIABILITIES

(326,567

)

(698,936

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,075,006

4,393,081

CREDITORS

Amounts falling due after more than one year

7

(920,192

)

(496,940

)

PROVISIONS FOR LIABILITIES

(250,902

)

(250,902

)

NET ASSETS

3,903,912

3,645,239

CAPITAL AND RESERVES

Called up share capital

10

10,000

10,000

Retained earnings

11

3,893,912

3,635,239

SHAREHOLDERS' FUNDS

3,903,912

3,645,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

Mrs B O Dickinson - Director

Mrs D J Curtis - Director

1.	STATUTORY INFORMATION

Wrangle Box Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the rents received from property letting. Turnover is recognised in the period in which services are performed.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 year end date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the year endstatement of financial position 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

5,092,017

Additions

309,556

At 30 September 2025

5,401,573

NET BOOK VALUE

At 30 September 2025

5,401,573

At 30 September 2024

5,092,017

Investment property was subject to valuation by Brown & Co, professionally qualified independent valuers, during 2022 on an open market basis. The methods and significant assumptions used to ascertain the fair value of £5,401,573 are as follows:

The property is not subject to any unusual or especially onerous covenants, restrictions, encumbrances or outgoings.

In accordance with RICS valuation standards the valuation was prepared having regard for market based evidence for similar properties sold in the local area.

Additions in 2025 relate to expenses incurred in the ongoing planning and construction of an extension to the existing property.

The directors who are not professionally qualified valuers, are satisfied that the valuation at 30 September 2025 is not materially different.

Fair value at 30 September 2025 is represented by:

£

Valuation in 2016

2,575,633

Valuation in 2022

400,000

Cost

2,425,940

5,401,573

If the investment property had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

2,425,940

2,116,384

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

43,387

193,717

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

283,016

-

Trade creditors

-

239,995

Amounts owed to group undertakings

230,546

546,069

Taxation and social security

73,907

50,797

Other creditors

62,939

62,821

650,408

899,682

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

920,192

496,940

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

-

496,940

8.	LEASING AGREEMENTS

Minimum lease receipts fall due as follows:

2025

2024

£

£

Within one year

454,576

381,659

Between one and five years

1,818,304

1,818,304

2,272,800

2,199,963

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,203,208

496,940

The bank loans are secured on the land at Wrangle Bank.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10,000

Ordinary

£1

10,000

10,000

11.

RESERVES

Within retained earnings there are non-distributable reserves of £2,724,731 (2024: £2,724,731) in relation to property revaluations.

12.	RELATED PARTY DISCLOSURES

At the year end date the company owed the directors £59,876 (2024: £59,876). The outstanding balances are unsecured, interest free and repayable on demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wrangle Box Property Limited for the year ended 30 September 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Wrangle Box Property Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wrangle Box Property Limited and state those matters that we have agreed to state to the Board of Directors of Wrangle Box Property Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wrangle Box Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wrangle Box Property Limited. You consider that Wrangle Box Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wrangle Box Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Duncan & Toplis Limited

18 Northgate

Sleaford

Lincolnshire

NG34 7BJ

Date: .............................................