2024-07-01 2025-07-31 2025-07-31 false 10236817 F W PROPERTY DEVELOPMENT LIMITED 2026-08-13 false iso4217:GBP xbrli:pure 10236817 2024-06-30 10236817 2025-07-31 10236817 2024-07-01 2025-07-31 10236817 2023-06-30 10236817 2024-06-30 10236817 2023-07-01 2024-06-30 10236817 bus:SmallEntities 2024-07-01 2025-07-31 10236817 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-07-31 10236817 bus:FullAccounts 2024-07-01 2025-07-31 10236817 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-07-31 10236817 core:WithinOneYear 2025-07-31 10236817 core:AfterOneYear 2025-07-31 10236817 core:WithinOneYear 2024-06-30 10236817 core:AfterOneYear 2024-06-30 10236817 core:ShareCapital 2025-07-31 10236817 core:SharePremium 2025-07-31 10236817 core:RevaluationReserve 2025-07-31 10236817 core:OtherReservesSubtotal 2025-07-31 10236817 core:RetainedEarningsAccumulatedLosses 2025-07-31 10236817 core:ShareCapital 2024-06-30 10236817 core:SharePremium 2024-06-30 10236817 core:RevaluationReserve 2024-06-30 10236817 core:OtherReservesSubtotal 2024-06-30 10236817 core:RetainedEarningsAccumulatedLosses 2024-06-30 10236817 core:LandBuildings 2025-07-31 10236817 core:PlantMachinery 2025-07-31 10236817 core:Vehicles 2025-07-31 10236817 core:FurnitureFittings 2025-07-31 10236817 core:OfficeEquipment 2025-07-31 10236817 core:NetGoodwill 2025-07-31 10236817 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 10236817 core:ListedExchangeTraded 2025-07-31 10236817 core:UnlistedNon-exchangeTraded 2025-07-31 10236817 core:LandBuildings 2024-06-30 10236817 core:PlantMachinery 2024-06-30 10236817 core:Vehicles 2024-06-30 10236817 core:FurnitureFittings 2024-06-30 10236817 core:OfficeEquipment 2024-06-30 10236817 core:NetGoodwill 2024-06-30 10236817 core:IntangibleAssetsOtherThanGoodwill 2024-06-30 10236817 core:ListedExchangeTraded 2024-06-30 10236817 core:UnlistedNon-exchangeTraded 2024-06-30 10236817 core:LandBuildings 2024-07-01 2025-07-31 10236817 core:PlantMachinery 2024-07-01 2025-07-31 10236817 core:Vehicles 2024-07-01 2025-07-31 10236817 core:FurnitureFittings 2024-07-01 2025-07-31 10236817 core:OfficeEquipment 2024-07-01 2025-07-31 10236817 core:NetGoodwill 2024-07-01 2025-07-31 10236817 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-07-31 10236817 core:ListedExchangeTraded 2024-07-01 2025-07-31 10236817 core:UnlistedNon-exchangeTraded 2024-07-01 2025-07-31 10236817 core:MoreThanFiveYears 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments 2025-07-31 10236817 core:Non-currentFinancialInstruments 2024-06-30 10236817 dpl:CostSales 2024-07-01 2025-07-31 10236817 dpl:DistributionCosts 2024-07-01 2025-07-31 10236817 core:LandBuildings 2024-07-01 2025-07-31 10236817 core:PlantMachinery 2024-07-01 2025-07-31 10236817 core:Vehicles 2024-07-01 2025-07-31 10236817 core:FurnitureFittings 2024-07-01 2025-07-31 10236817 core:OfficeEquipment 2024-07-01 2025-07-31 10236817 dpl:AdministrativeExpenses 2024-07-01 2025-07-31 10236817 core:NetGoodwill 2024-07-01 2025-07-31 10236817 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-07-31 10236817 dpl:GroupUndertakings 2024-07-01 2025-07-31 10236817 dpl:ParticipatingInterests 2024-07-01 2025-07-31 10236817 dpl:GroupUndertakings core:ListedExchangeTraded 2024-07-01 2025-07-31 10236817 core:ListedExchangeTraded 2024-07-01 2025-07-31 10236817 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-07-01 2025-07-31 10236817 core:UnlistedNon-exchangeTraded 2024-07-01 2025-07-31 10236817 dpl:CostSales 2023-07-01 2024-06-30 10236817 dpl:DistributionCosts 2023-07-01 2024-06-30 10236817 core:LandBuildings 2023-07-01 2024-06-30 10236817 core:PlantMachinery 2023-07-01 2024-06-30 10236817 core:Vehicles 2023-07-01 2024-06-30 10236817 core:FurnitureFittings 2023-07-01 2024-06-30 10236817 core:OfficeEquipment 2023-07-01 2024-06-30 10236817 dpl:AdministrativeExpenses 2023-07-01 2024-06-30 10236817 core:NetGoodwill 2023-07-01 2024-06-30 10236817 core:IntangibleAssetsOtherThanGoodwill 2023-07-01 2024-06-30 10236817 dpl:GroupUndertakings 2023-07-01 2024-06-30 10236817 dpl:ParticipatingInterests 2023-07-01 2024-06-30 10236817 dpl:GroupUndertakings core:ListedExchangeTraded 2023-07-01 2024-06-30 10236817 core:ListedExchangeTraded 2023-07-01 2024-06-30 10236817 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-07-01 2024-06-30 10236817 core:UnlistedNon-exchangeTraded 2023-07-01 2024-06-30 10236817 core:NetGoodwill 2025-07-31 10236817 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 10236817 core:LandBuildings 2025-07-31 10236817 core:PlantMachinery 2025-07-31 10236817 core:Vehicles 2025-07-31 10236817 core:FurnitureFittings 2025-07-31 10236817 core:OfficeEquipment 2025-07-31 10236817 core:AfterOneYear 2025-07-31 10236817 core:WithinOneYear 2025-07-31 10236817 core:ListedExchangeTraded 2025-07-31 10236817 core:UnlistedNon-exchangeTraded 2025-07-31 10236817 core:ShareCapital 2025-07-31 10236817 core:SharePremium 2025-07-31 10236817 core:RevaluationReserve 2025-07-31 10236817 core:OtherReservesSubtotal 2025-07-31 10236817 core:RetainedEarningsAccumulatedLosses 2025-07-31 10236817 core:NetGoodwill 2024-06-30 10236817 core:IntangibleAssetsOtherThanGoodwill 2024-06-30 10236817 core:LandBuildings 2024-06-30 10236817 core:PlantMachinery 2024-06-30 10236817 core:Vehicles 2024-06-30 10236817 core:FurnitureFittings 2024-06-30 10236817 core:OfficeEquipment 2024-06-30 10236817 core:AfterOneYear 2024-06-30 10236817 core:WithinOneYear 2024-06-30 10236817 core:ListedExchangeTraded 2024-06-30 10236817 core:UnlistedNon-exchangeTraded 2024-06-30 10236817 core:ShareCapital 2024-06-30 10236817 core:SharePremium 2024-06-30 10236817 core:RevaluationReserve 2024-06-30 10236817 core:OtherReservesSubtotal 2024-06-30 10236817 core:RetainedEarningsAccumulatedLosses 2024-06-30 10236817 core:NetGoodwill 2023-06-30 10236817 core:IntangibleAssetsOtherThanGoodwill 2023-06-30 10236817 core:LandBuildings 2023-06-30 10236817 core:PlantMachinery 2023-06-30 10236817 core:Vehicles 2023-06-30 10236817 core:FurnitureFittings 2023-06-30 10236817 core:OfficeEquipment 2023-06-30 10236817 core:AfterOneYear 2023-06-30 10236817 core:WithinOneYear 2023-06-30 10236817 core:ListedExchangeTraded 2023-06-30 10236817 core:UnlistedNon-exchangeTraded 2023-06-30 10236817 core:ShareCapital 2023-06-30 10236817 core:SharePremium 2023-06-30 10236817 core:RevaluationReserve 2023-06-30 10236817 core:OtherReservesSubtotal 2023-06-30 10236817 core:RetainedEarningsAccumulatedLosses 2023-06-30 10236817 core:AfterOneYear 2024-07-01 2025-07-31 10236817 core:WithinOneYear 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:CostValuation 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-07-01 2025-07-31 10236817 core:Non-currentFinancialInstruments core:CostValuation 2025-07-31 10236817 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-07-31 10236817 core:Non-currentFinancialInstruments core:CostValuation 2024-06-30 10236817 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-06-30 10236817 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-06-30 10236817 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-06-30 10236817 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-06-30 10236817 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-06-30 10236817 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-06-30 10236817 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-06-30 10236817 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-06-30 10236817 bus:Director1 2024-07-01 2025-07-31

F W PROPERTY DEVELOPMENT LIMITED

Registered Number
10236817
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2025

F W PROPERTY DEVELOPMENT LIMITED
Company Information
for the period from 1 July 2024 to 31 July 2025

Director | KIDD-WALKER, Nardhia Maya

Registered Address | Unit 2 Market Square
| Wolverhampton
| WV3 0NL

Registered Number | 10236817 (England and Wales)

F W PROPERTY DEVELOPMENT LIMITED
Balance Sheet as at
31 July 2025

| Notes | 31 Jul 2025 |  | 30 Jun 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 3,210,502 |  |  |  | 3,857,355
|  |  |  | 3,210,502 |  |  |  | 3,857,355
Current assets |  |  |  |  |  |  |  |
Debtors |  | 610,450 |  |  |  | 638,788 |  |
Cash at bank and on hand |  | 5,248 |  |  |  | 744 |  |
|  | 615,698 |  |  |  | 639,532 |  |
Creditors amounts falling due within one year | 4 | (54,934) |  |  |  | (245,083) |  |
Net current assets (liabilities) |  |  |  | 560,764 |  |  |  | 394,449
Total assets less current liabilities |  |  |  | 3,771,266 |  |  |  | 4,251,804
Creditors amounts falling due after one year | 5 |  |  | (2,542,422) |  |  |  | (2,675,654)
Provisions for liabilities | 6 |  |  | (243,553) |  |  |  | (298,482)
Net assets |  |  |  | 985,291 |  |  |  | 1,277,668
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 100 |  |  |  | 100
Other reserves |  |  |  | 1,018,288 |  |  |  | 1,457,288
Profit and loss account |  |  |  | (33,097) |  |  |  | (179,720)
Shareholders' funds |  |  |  | 985,291 |  |  |  | 1,277,668

- The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 13 August 2026, and are signed on its behalf by:
KIDD-WALKER, Nardhia Maya Director Registered Company No. 10236817

F W PROPERTY DEVELOPMENT LIMITED
Notes to the Financial Statements
for the period ended 31 July 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Going concern
--- | ---
| After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

| Turnover policy
--- | ---
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

| Employee benefits
--- | ---
| Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

| Finance costs
--- | ---
| Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Tangible fixed assets and depreciation
--- | ---
| All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

| Investment property
--- | ---
| The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

| Cash and cash equivalents
--- | ---
| Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

| Share capital
--- | ---
| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

| Related parties
--- | ---
| For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 3 |  | 3

3. | Tangible fixed assets
--- | ---

|  | Land & buildings |  | Vehicles |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 July 24 | 3,845,000 |  | 17,100 |  | 3,862,100
| Disposals | (645,000) |  | - |  | (645,000)
| At 31 July 25 | 3,200,000 |  | 17,100 |  | 3,217,100
| Depreciation and impairment
| At 01 July 24 | - |  | 4,745 |  | 4,745
| Charge for year | - |  | 1,853 |  | 1,853
| At 31 July 25 | - |  | 6,598 |  | 6,598
| Net book value
| At 31 July 25 | 3,200,000 |  | 10,502 |  | 3,210,502
| At 30 June 24 | 3,845,000 |  | 12,355 |  | 3,857,355

4. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 8,119 |  | 2,753
| Amounts owed to related parties | 28,548 |  | 1,135
| Taxation and social security | 18,267 |  | 15,241
| Redeemable preference shares, liability | - |  | 214,400
| Other creditors | - |  | 11,554
| Total | 54,934 |  | 245,083

5. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 23,389 |  | 26,889
| Bank borrowings and overdrafts | 2,156,530 |  | 2,593,009
| Amounts owed to related parties | 362,503 |  | 55,756
| Total | 2,542,422 |  | 2,675,654

6. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 243,553 |  | 298,482
| Total | 243,553 |  | 298,482

7. | Change in reporting period and impact on comparability
--- | ---
| The current accounting period covers the 13 months from 01 July 2024 to 31 July 2025, whereas the previous period covered the 12 months to 30 June 2024. As the current period is one month longer, the figures in these accounts are not directly comparable with the corresponding amounts shown for the previous period.