REGISTERED NUMBER: 13044160 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 NOVEMBER 2025

FOR

WELDIN 3 PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss F Weldin

Mrs S Greaney

Adam Weldin

REGISTERED OFFICE:

7 St John's Road

Harrow

Middlesex

HA1 2EY

REGISTERED NUMBER:

13044160 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Investment property

4

5,635,000

5,635,000

CURRENT ASSETS

Debtors

5

123,787

61,202

Cash at bank

44,705

11,780

168,492

72,982

CREDITORS

Amounts falling due within one year

6

98,666

71,535

NET CURRENT ASSETS

69,826

1,447

TOTAL ASSETS LESS CURRENT LIABILITIES

5,704,826

5,636,447

CREDITORS

Amounts falling due after more than one year

7

2,272,000

2,272,000

NET ASSETS

3,432,826

3,364,447

CAPITAL AND RESERVES

Called up share capital

3

3

Share premium Account

3,363,000

3,363,000

Retained earnings

69,823

1,444

3,432,826

3,364,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

Adam Weldin - Director

1.	STATUTORY INFORMATION

Weldin 3 Properties Limited 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.

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.

Rent receivable

Income represents gross rent receivable in the normal course of the company's business.

Revenue Recognition

Revenue is recognised when company receives the rent and is recorded to the balance sheet date.

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.

Financial instruments

Financial assets and financial liabilities are recognised in the company's balance sheet when the company becomes a party to the contractual provisions of the instrument.

Loans and borrowing

Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 30 November 2024

and 29 November 2025

5,635,000

NET BOOK VALUE

At 29 November 2025

5,635,000

At 29 November 2024

5,635,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

123,787

61,202

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

22,793

9,641

Other creditors

75,873

61,894

98,666

71,535

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,272,000

2,272,000

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

2,272,000

2,272,000

2,272,000

2,272,000

8.	SECURED DEBTS

The bank loans are secured by a fixed charge over the investment properties of the company. The loans are due for repayment in full in 2027.

9.	RELATED PARTY DISCLOSURES

Included within other debtors as at year end is £51,809 (2024: £435 owed to), an amount owed from the directors of the company. The amount owed is unsecured and there are no specific terms to the repayment of this amount.