Company registration number 11625331 (England and Wales)
WINDSOR PROPERTY ASSETS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
WINDSOR PROPERTY ASSETS LTD
CONTENTS
Page
Directors' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
WINDSOR PROPERTY ASSETS LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

The directors present their annual report and financial statements for the Year ended 31 December 2025.

Principal activities

The principal activity of the company continued to be that of a p roperty landlord and agent.

Directors

The directors who held office during the Year and up to the date of signature of the financial statements were as follows:

B Curless
P J Wood
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
B Curless
P J Wood
Director
Director
13 July 2026
WINDSOR PROPERTY ASSETS LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
15,839
24,362
Investment property
4
5,575,000
5,892,328
5,590,839
5,916,690
Current assets
Debtors
5
75,793
1,268
Cash at bank and in hand
38,200
31,596
113,993
32,864
Creditors: amounts falling due within one year
6
(124,934)
(157,949)
Net current liabilities
(10,941)
(125,085)
Total assets less current liabilities
5,579,898
5,791,605
Creditors: amounts falling due after more than one year
7
(2,385,000)
(2,389,301)
Net assets
3,194,898
3,402,304
Capital and reserves
Called up share capital
6,000
6,000
Share premium account
3,179,605
3,179,605
Profit and loss reserves
9,293
216,699
Total equity
3,194,898
3,402,304
WINDSOR PROPERTY ASSETS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 3 -

For the financial Year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 July 2026 and are signed on its behalf by:
B Curless
P J Wood
Director
Director
Company registration number 11625331 (England and Wales)
WINDSOR PROPERTY ASSETS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
1
Accounting policies
Company information

Windsor Property Assets Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 101 Fountain Gardens, Windsor, Berkshire, United Kingdom, SL4 3SU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33.33% straight line basis
Computers
33.33% straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

WINDSOR PROPERTY ASSETS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

WINDSOR PROPERTY ASSETS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
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.

1.10
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the Year was:

2025
2024
Number
Number
Total
2
2
WINDSOR PROPERTY ASSETS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 January 2025
48,520
16,315
64,835
Additions
8,110
1,406
9,516
At 31 December 2025
56,630
17,721
74,351
Depreciation and impairment
At 1 January 2025
29,378
11,095
40,473
Depreciation charged in the Year
15,081
2,958
18,039
At 31 December 2025
44,459
14,053
58,512
Carrying amount
At 31 December 2025
12,171
3,668
15,839
At 31 December 2024
19,142
5,220
24,362
4
Investment property
2025
£
Fair value
At 1 January 2025
5,892,328
Revaluations
(317,328)
At 31 December 2025
5,575,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31/12/2025 by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
420
1,268
2025
2024
Amounts falling due after more than one year:
£
£
Deferred tax asset
75,373
-
0
Total debtors
75,793
1,268
WINDSOR PROPERTY ASSETS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
-
0
5,500
Trade creditors
1,700
10,832
Corporation tax
29,175
34,206
Other taxation and social security
1,751
2,120
Other creditors
92,308
105,291
124,934
157,949
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
2,385,000
2,389,301
2025-12-31 2025-01-01 false false false 13 July 2026 CCH Software CCH Accounts Production 2026.100 a property landlord and agent B Curless P J Wood 11625331 2025-01-01 2025-12-31 11625331 bus:Director1 2025-01-01 2025-12-31 11625331 bus:Director2 2025-01-01 2025-12-31 11625331 2025-12-31 11625331 2024-12-31 11625331 core:FurnitureFittings 2025-12-31 11625331 core:ComputerEquipment 2025-12-31 11625331 core:FurnitureFittings 2024-12-31 11625331 core:ComputerEquipment 2024-12-31 11625331 core:WithinOneYear 2025-12-31 11625331 core:WithinOneYear 2024-12-31 11625331 core:AfterOneYear 2025-12-31 11625331 core:AfterOneYear 2024-12-31 11625331 core:CurrentFinancialInstruments 2025-12-31 11625331 core:CurrentFinancialInstruments 2024-12-31 11625331 core:ShareCapital 2025-12-31 11625331 core:ShareCapital 2024-12-31 11625331 core:SharePremium 2025-12-31 11625331 core:SharePremium 2024-12-31 11625331 core:RetainedEarningsAccumulatedLosses 2025-12-31 11625331 core:RetainedEarningsAccumulatedLosses 2024-12-31 11625331 core:FurnitureFittings 2025-01-01 2025-12-31 11625331 core:ComputerEquipment 2025-01-01 2025-12-31 11625331 2024-01-01 2024-12-31 11625331 core:FurnitureFittings 2024-12-31 11625331 core:ComputerEquipment 2024-12-31 11625331 2024-12-31 11625331 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 11625331 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11625331 core:Non-currentFinancialInstruments 2025-12-31 11625331 core:Non-currentFinancialInstruments 2024-12-31 11625331 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11625331 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 11625331 bus:FRS102 2025-01-01 2025-12-31 11625331 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 11625331 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP