REGISTERED NUMBER: 08324431 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

WORRALL PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mr Philip Worrall

Mrs Sharon Worrall

REGISTERED OFFICE:

12 Sycamore Road,

Brookhouse,

Lancaster,

LA2 9PB

REGISTERED NUMBER:

08324431 (England and Wales)

ACCOUNTANTS:

BCS (North West) Limited

95 King Street

Lancaster

Lancashire

LA1 1RH

FIXED ASSETS

Tangible assets

4

2,220,000

2,199,000

CURRENT ASSETS

Debtors

5

61,740

51,665

Prepayments and accrued income

490

460

Cash at bank

88,385

111,522

150,615

163,647

CREDITORS

Amounts falling due within one year

6

27,053

37,494

NET CURRENT ASSETS

123,562

126,153

TOTAL ASSETS LESS CURRENT LIABILITIES

2,343,562

2,325,153

CREDITORS

Amounts falling due after more than one year

7

(1,051,153

)

(1,065,257

)

PROVISIONS FOR LIABILITIES

(174,438

)

(169,188

)

NET ASSETS

1,117,971

1,090,708

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,116,971

1,089,708

1,117,971

1,090,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th September 2026 and were signed on its behalf by:

Mr Philip Worrall - Director

1.	STATUTORY INFORMATION

Worrall Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation

Investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st January 2025

2,199,000

Additions

21,000

At 31st December 2025

2,220,000

NET BOOK VALUE

At 31st December 2025

2,220,000

At 31st December 2024

2,199,000

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

1,740

1,665

Amounts falling due after more than one year:

Lune Valley Ltd Loan

60,000

50,000

Aggregate amounts

61,740

51,665

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

454

Tax

2,701

12,735

Directors' current accounts

23,360

23,360

Accruals and deferred income

992

945

27,053

37,494

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Directors' loan accounts

1,051,153

1,065,257

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.

BCS (North West) Limited

95 King Street

Lancaster

Lancashire

LA1 1RH

9th September 2026