WNW Property Management Ltd - Filleted accounts

Registered number

14880892

(England and Wales)

WNW Property Management Ltd

Filleted Accounts

31 March 2026

WNW Property Management Ltd
Registered number:		14880892
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,210,000			1,210,000

Current assets
Debtors	4	29,700			100
Cash at bank and in hand		210,769			166,578
		240,469			166,678

Creditors: amounts falling due within one year	5	(362,167)			(361,529)

Net current liabilities			(121,698)			(194,851)

Total assets less current liabilities			1,088,302			1,015,149

Creditors: amounts falling due after more than one year	6		(928,836)			(928,836)



Net assets			159,466			86,313

Capital and reserves
Called up share capital			150			150
Profit and loss account			159,316			86,163

Shareholders' funds			159,466			86,313

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Salim Musa
Director
Approved by the board on 20 August 2026

WNW Property Management Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	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).

	Turnover
	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Land and buildings
£
	Cost
	At 1 April 2025				1,210,000
	At 31 March 2026				1,210,000

	Depreciation
	At 31 March 2026				-

	Net book value
	At 31 March 2026				1,210,000
	At 31 March 2025				1,210,000


4	Debtors		2026		2025
£				£

	Other debtors		29,700		100


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		3,000		3,000
	Taxation and social security costs		27,995		28,357
	Director's account		328,172		328,172
	Accruals and deferred income		3,000		2,000
			362,167		361,529


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Other loans		928,836		928,836


7	Related party transactions

	Directors account as shown in note 5 above is owed to the director Mr Salim Musa. The loan is unsecured and interest free. The maximum balance of the loan during the year was £328,173.


8	Controlling party

	The ultimate controlling party is New River Group Ltd who owns 66.67% of the issued and alloted share capital. Salim Musa director of the company holds the remaining 33.33% share capital.


9	Other information

	WNW Property Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Caroline House
	125 Bradshawgate
	Bolton
	Lancashire
	BL2 1BJ