Weston Property Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05561008 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

WESTON PROPERTY MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Griffiths

Mrs S Griffiths

REGISTERED OFFICE:

Rio Vista

Swarkestone Lane

Weston on Trent

Derbyshire

DE72 2BU

REGISTERED NUMBER:

05561008 (England and Wales)

ACCOUNTANTS:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

FIXED ASSETS

Investment property

4

635,000

CURRENT ASSETS

Debtors

5

201,224

202,960

Investments

6

106,076

93,248

Cash at bank

82,559

92,660

389,859

388,868

CREDITORS

Amounts falling due within one year

7

87,058

95,041

NET CURRENT ASSETS

302,801

293,827

TOTAL ASSETS LESS CURRENT
LIABILITIES

937,801

928,827

PROVISIONS FOR LIABILITIES

50,901

36,193

NET ASSETS

886,900

892,634

CAPITAL AND RESERVES

Called up share capital

60

Retained earnings

886,840

892,574

SHAREHOLDERS' FUNDS

886,900

892,634

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

Mr K Griffiths - Director

1.	STATUTORY INFORMATION

Weston Property Management 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.

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.

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

Turnover

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

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 Statement of Income and retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Listed investments

Listed investments are included in the balance sheet at their market value and realised and unrealised gains and losses are shown net in the statement of financial activities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

635,000

NET BOOK VALUE

At 31 March 2026

635,000

At 31 March 2025

635,000

The property has been included at market value as determined by the directors. The historical cost is £341,961.

5.

DEBTORS

2026

2025

£

Amounts falling due within one year:

Trade debtors

-

1,312

Other debtors

-

1,648

Directors' current accounts

1,224

-

1,224

2,960

Amounts falling due after more than one year:

Other debtors

200,000

Aggregate amounts

201,224

202,960

6.	CURRENT ASSET INVESTMENTS

2026

2025

£

Other investments

106,077

93,248

The historical cost of the investment in 2026 is £50,000 (2025: £50,000)

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Tax

1,879

3,102

Other creditors

83,939

90,587

Accruals

1,240

Directors' current accounts

-

112

87,058

95,041

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

Mr K Griffiths and Mrs S Griffiths

Balance outstanding at start of year

(112

)

(112

)

Amounts advanced

1,648

80,000

Amounts repaid

(312

)

(80,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

1,224

(112

)

9.	RELATED PARTY DISCLOSURES

At the year end £83,939 (2025: £90,587) was owing to Castle Donington Service Centre Limited, a company under common control by virtue of common ownership and management. Also included in other debtors is £200,000 (2025: £200,000) owed from Castle Donington. Management charges of £20,000 (2025: £20,000) were paid to Castle Donington Service Centre Limited during the year.