Wilkins Properties (York) Limited 31/12/2025 iXBRL

Company registration number: 04616855

Wilkins Properties (York) Limited

Unaudited filleted financial statements

31 December 2025

THE BARKER PARTNERSHIP

Chartered Accountants

Thirsk

Wilkins Properties (York) Limited

Contents

Directors and other information

Accountants report

Balance sheet

Statement of changes in equity

Notes to the financial statements

Wilkins Properties (York) Limited

Directors and other information


	Directors	Mrs D K Kane
		Mrs S E Heath- Wilkins
		Mr S R Brooks
		Mrs V A Dale


	Secretary	V A Dale


	Company number	04616855


	Registered office	17 Central Buildings
		Market Place
		Thirsk
		North Yorkshire
		YO7 1HD


	Accountants	The Barker Partnership
		17 Central Buildings
		Market Place
		Thirsk
		North Yorkshire
		YO7 1HD

Wilkins Properties (York) Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Wilkins Properties (York) Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wilkins Properties (York) Limited for the year ended 31 December 2025 which comprise the Balance sheet, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Wilkins Properties (York) Limited, as a body, in accordance with the terms of our engagement letter dated 29 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Wilkins Properties (York) Limited and state those matters that we have agreed to state to the board of directors of Wilkins Properties (York) Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wilkins Properties (York) Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Wilkins Properties (York) 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 loss of Wilkins Properties (York) Limited. You consider that Wilkins Properties (York) 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 Wilkins Properties (York) 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.

The Barker Partnership

Chartered Accountants

17 Central Buildings

Market Place

Thirsk

North Yorkshire

YO7 1HD

13 July 2026

Wilkins Properties (York) Limited

Balance sheet

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	278,000		565,000
		_______		_______
			278,000		565,000

Current assets
Debtors	5	487		688
Cash at bank and in hand		189,188		46,686
		_______		_______
		189,675		47,374
Creditors: amounts falling due
within one year	6	( 4,308)		( 103,440)
		_______		_______
Net current assets/(liabilities)			185,367		( 56,066)
			_______		_______
Total assets less current liabilities			463,367		508,934

			_______		_______
Net assets			463,367		508,934
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			463,267		508,834
			_______		_______
Shareholders funds			463,367		508,934
			_______		_______

For the year ending 31 December 2025 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 13 July 2026 , and are signed on behalf of the board by:

Mrs V A Dale

Director

Company registration number: 04616855

Wilkins Properties (York) Limited

Statement of changes in equity

Year ended 31 December 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 January 2024	100	503,473	503,573

(Loss)/profit for the year		13,361	13,361
	_______	_______	_______
Total comprehensive income for the year	-	13,361	13,361

Dividends paid and payable		( 8,000)	( 8,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 8,000)	( 8,000)

	_______	_______	_______
At 31 December 2024 and 1 January 2025	100	508,834	508,934

(Loss)/profit for the year		( 43,567)	( 43,567)
	_______	_______	_______
Total comprehensive income for the year	-	( 43,567)	( 43,567)

Dividends paid and payable		( 2,000)	( 2,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 2,000)	( 2,000)

	_______	_______	_______
At 31 December 2025	100	463,267	463,367
	_______	_______	_______

Included within reserves are amounts totalling £21,955 (2024: £95,303) which are undistributable.

Wilkins Properties (York) Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 Central Buildings, Market Place, Thirsk, North Yorkshire, YO7 1HD. The principal activity of the company is the owning and letting of residential properties.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

4. Tangible assets

	Freehold property	Total
	£	£
Cost or valuation
At 1 January 2025	565,000	565,000
Disposals	( 275,000)	( 275,000)
Revaluation	( 12,000)	( 12,000)
	_______	_______
At 31 December 2025	278,000	278,000
	_______	_______
Depreciation
At 1 January 2025 and 31 December 2025	-	-
	_______	_______
Carrying amount
At 31 December 2025	278,000	278,000
	_______	_______
At 31 December 2024	565,000	565,000
	_______	_______

The whole of the freehold property included above relates to investment properties which are held for operating lease purposes. In accordance with FRS 102 the investment properties are revalued annually and the aggregate surplus or deficit recognised in the profit and loss account. The fair value of the investment properties has been arrived at on an open market value basis by the directors having reference to market evidence and on advice received from a local Estate Agent.

5. Debtors

	2025	2024
	£	£
Other debtors	487	688
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	1,368	3,134
Other creditors	2,940	100,306
	_______	_______
	4,308	103,440
	_______	_______

7. Related party transactions

The directors of the company who are also the shareholders of the company, have made interest free, unsecured loans with no fixed repayment terms to the company. The total of these loans as at 31 December 2025 was £190 (2024 - £97,536).