REGISTERED NUMBER: 09923700 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Winkhill Properties Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

33,911

44,869

Investment property

5

2,100,000

2,100,000

2,133,911

2,144,869

CURRENT ASSETS

Debtors

6

7,089

9,099

Cash at bank

108,178

65,415

115,267

74,514

CREDITORS

Amounts falling due within one year

7

119,804

49,480

NET CURRENT (LIABILITIES)/ASSETS

(4,537

)

25,034

TOTAL ASSETS LESS CURRENT LIABILITIES

2,129,374

2,169,903

CREDITORS

Amounts falling due after more than one year

8

(871,157

)

(881,036

)

PROVISIONS FOR LIABILITIES

(99,663

)

(102,402

)

NET ASSETS

1,158,554

1,186,465

CAPITAL AND RESERVES

Called up share capital

99

99

Non distributable reserve

328,991

328,991

Retained earnings

829,464

857,375

SHAREHOLDERS' FUNDS

1,158,554

1,186,465

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

Mr P W Cope - Director

1.	STATUTORY INFORMATION

Winkhill Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09923700

Registered office:

The Cottage Kitchen

Ashbourne Road

Winkhill

Leek

Staffordshire

ST13 7PN

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Rental income is recognised as the company becomes entitled to consideration when the rental invoice is raised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

3,191

58,120

61,311

DEPRECIATION

At 1 April 2025

599

15,843

16,442

Charge for year

389

10,569

10,958

At 31 March 2026

988

26,412

27,400

NET BOOK VALUE

At 31 March 2026

2,203

31,708

33,911

At 31 March 2025

2,592

42,277

44,869

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

58,120

DEPRECIATION

At 1 April 2025

and 31 March 2026

8,796

NET BOOK VALUE

At 31 March 2026

49,324

At 31 March 2025

49,324

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

2,100,000

NET BOOK VALUE

At 31 March 2026

2,100,000

At 31 March 2025

2,100,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2022

420,176

Cost

1,679,824

2,100,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

7,089

9,099

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

7,502

7,502

Taxation and social security

20,724

24,461

Other creditors

91,578

17,517

119,804

49,480

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

29,248

36,750

Other creditors

841,909

844,286

871,157

881,036

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

36,750

44,252

All debts are secured against the assets to which they relate.

10.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £27,827 This financial commitment represents the total amount of payments remaining on leases ending in 2028.