| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| WAYSEAL PROPERTY INVESTMENTS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| WAYSEAL PROPERTY INVESTMENTS LIMITED |
| WAYSEAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 01307331) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 DECEMBER 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| WAYSEAL PROPERTY INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 DECEMBER 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 1 High Street |
| Thatcham |
| Berks |
| RG19 3JG |
| WAYSEAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 01307331) |
| BALANCE SHEET |
| 31 DECEMBER 2025 |
| 31.12.25 | 31.12.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors and authorised for issue on |
| WAYSEAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 01307331) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 DECEMBER 2025 |
| 1. | STATUTORY INFORMATION |
| Wayseal Property Investments Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rents receivable including accommodation charges to companies in the associated group in respect of the head office. |
| Tangible fixed assets |
| No depreciation has been provided in respect of freehold and leasehold property held for investment as the directors consider this policy is necessary for the financial statements to show a true and fair view. |
| Depreciation was provided at 10% p.a. based on original cost to write off fixtures and fittings over their anticipated useful lives. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 taxation |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| WAYSEAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 01307331) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 DECEMBER 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Fixtures |
| investment | Long | and |
| property | leasehold | fittings | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2025 |
| Revaluations | ( |
) | ( |
) | ( |
) |
| At 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| and 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| Cost or valuation at 31 December 2025 is represented by: |
| Freehold | Fixtures |
| investment | Long | and |
| property | leasehold | fittings | Totals |
| £ | £ | £ | £ |
| Valuation in 2016 | 290,259 | 75,000 | - | 365,259 |
| Valuation in 2017 | 168,590 | - | - | 168,590 |
| Valuation in 2025 | (270,000 | ) | (70,000 | ) | - | (340,000 | ) |
| Cost | 516,103 | 395,000 | 13,993 | 925,096 |
| 704,952 | 400,000 | 13,993 | 1,118,945 |
| If freehold investment property had not been revalued it would have been included at the following historical cost: |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Cost | 516,102 | 516,102 |
| Freehold investment property was valued on a fair value basis on 9 October 2025 by The Frost Partnership . |
| If long leasehold had not been revalued it would have been included at the following historical cost: |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Cost | 395,000 | 395,000 |
| Long leasehold was valued on a fair value basis on 9 October 2025 by The Frost Partnership. |
| WAYSEAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 01307331) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 DECEMBER 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Amounts owed to group undertakings |
| Other creditors |
| Amount due to associated group | 106,270 | 116,756 |
| Accrued expenses |
| 7. | PROVISIONS FOR LIABILITIES |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Deferred taxation | 22,570 | 87,170 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2025 |
| Credit to Income Statement during year | ( |
) |
| Balance at 31 December 2025 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.25 | 31.12.24 |
| value: | £ | £ |
| Shares | £1 | 100 | 100 |
| WAYSEAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 01307331) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 DECEMBER 2025 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 January 2025 |
| Deficit for the year | ( |
) |
| At 31 December 2025 |
| The above retained earnings contain non-distributable reserves of £157,018 made up as follows: |
| £ |
| Revaluation of investment property and long leasehold to fair value | 193,849 |
| Deferred tax on revaluation to fair value | (36,831 | ) |
| 157,018 |
| 10. | RELATED PARTY DISCLOSURES |
| During the year ended 31st December 2025 the company paid administration charges of £24,000 (2024 £22,000) to Thameside Property Company Ltd, a company in an associated group. |
| During the year the company also paid £12,000 (2024 £12,000) for management services from Newlands Associates Limited, a company in which M E J Thomas has a beneficial interest. |
| 11. | ULTIMATE CONTROLLING PARTY |
| The company is a wholly owned subsidiary of Wayseal Investments Limited registered in England, of which the ultimate controlling parties are D E M Thomas, C M L Perring and M E J Thomas. |
| Wayseal Investments Limited is also the immediate parent company, within the group, which will draw up consolidated financial statements. |