| WILROB PROPERTIES LIMITED |
| Registered number: |
04435752 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1 |
|
|
1 |
| Investments |
4 |
|
|
560,000 |
|
|
560,000 |
|
|
|
|
560,001 |
|
|
560,001 |
|
| Current assets |
| Investments held as current assets |
5 |
|
375,273 |
|
|
324,319 |
| Cash at bank and in hand |
|
|
61,006 |
|
|
58,226 |
|
|
|
436,279 |
|
|
382,545 |
|
| Creditors: amounts falling due within one year |
6 |
|
(59,758) |
|
|
(87,158) |
|
| Net current assets |
|
|
|
376,521 |
|
|
295,387 |
|
| Total assets less current liabilities |
|
|
|
936,522 |
|
|
855,388 |
|
|
| Provisions for liabilities |
|
|
|
(22,724) |
|
|
(22,724) |
|
|
| Net assets |
|
|
|
913,798 |
|
|
832,664 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
913,698 |
|
|
832,564 |
|
| Shareholders' funds |
|
|
|
913,798 |
|
|
832,664 |
|
|
|
|
|
|
|
|
| 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. |
|
| I Scott |
| Director |
| Approved by the board on 25 August 2026 |
|
| WILROB PROPERTIES LIMITED |
| 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). |
|
|
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: |
|
|
Computer equipment |
33% on cost |
|
|
Investments and investment property |
|
Investments and investment property are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account. |
|
|
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. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2025 |
449 |
|
At 31 March 2026 |
449 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
448 |
|
At 31 March 2026 |
448 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
1 |
|
At 31 March 2025 |
1 |
|
|
| 4 |
Investment property |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Fair value |
|
At 1 April 2025 |
560,000 |
|
|
At 31 March 2026 |
560,000 |
|
|
|
|
|
|
|
|
|
|
Historical cost |
|
At 1 April 2025 |
455,000 |
|
At 31 March 2026 |
455,000 |
|
|
|
|
|
|
|
|
|
|
The investment properties were valued on a fair value basis at 31st March 2026 at £560,000 (2025 - £560,000).
Fair value at 31 March 2026 is represented by |
| £ |
|
Cost |
455,000 |
|
Gains from fair value adjustments |
105,000 |
|
Total fair value |
560,000 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Investments held as current assets |
2026 |
|
2025 |
| £ |
£ |
|
Fair value |
|
Listed investments |
375,273 |
|
324,319 |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Listed investments |
50,002 |
|
(23,431) |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
- |
|
4,625 |
|
Taxation and social security costs |
8,391 |
|
11,478 |
|
Intercompany loan |
- |
|
20,000 |
|
Directors current accounts |
40,936 |
|
40,624 |
|
Accruals and deferred income |
10,431 |
|
10,431 |
|
|
|
|
|
|
59,758 |
|
87,158 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
WILROB PROPERTIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
87 Norbreck Close |
|
Great Sankey |
|
Warrington |
|
Cheshire |
|
WA5 2SJ |