Company No: 12723571 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr C Brown
	Mrs K L Brown
	Mrs D Wardman
	Mr L S Wardman

REGISTERED OFFICE	62 Duke Street
	Darlington
	DL3 7AN
	United Kingdom

COMPANY NUMBER

12723571 (England and Wales)

ACCOUNTANT	S&W Partners Newcastle Limited
	17 Queens Lane
	Newcastle
	NE1 1RN

	Note	2026		2025
		£		£
Fixed assets
Investment property	3	191,500		174,450
		191,500		174,450
Current assets
Debtors	4	1,050		1,050
Cash at bank and in hand		10,213		8,189
		11,263		9,239
Creditors: amounts falling due within one year	5	( 14,726)		( 12,243)
Net current liabilities		(3,463)		(3,004)
Total assets less current liabilities		188,037		171,446
Creditors: amounts falling due after more than one year	6	( 107,587)		( 115,367)
Provision for liabilities		( 8,412)		( 5,173)
Net assets		72,038		50,906
Capital and reserves
Called-up share capital		4		4
Fair value reserve		35,861		22,051
Profit and loss account		36,173		28,851
Total shareholders' funds		72,038		50,906

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Wardman Brown Properties Limited (registered number: 12723571) were approved and authorised for issue by the Board of Directors on 23 September 2026. They were signed on its behalf by:

Mr L S Wardman Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Wardman Brown 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 (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for property rentals, stated net of discounts and of value added tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the company and when specific criteria have been met for each of the company's activities described below.

Property rentals :
Turnover from property rentals are recognised in the profit and loss account on a receivable basis.

Taxation

Current tax
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
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 and 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.

Current and deferred tax assets and liabilities are not discounted.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments on non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Investment property

	Investment property
	£
Valuation
As at 01 May 2025	174,450
Fair value movement	17,050
As at 30 April 2026	191,500

Valuation

Investment property was valued on an open market basis on 30 April 2026 by the directors. The valuation, was arrived at by reference to market evidence of transaction prices for similar properties in its location.

4. Debtors

	2026		2025
	£		£
Other debtors	1,050		1,050

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Other loans (secured)	7,691		7,405
Taxation and social security	1,717		1,295
Other creditors	5,318		3,543
	14,726		12,243

The other loans are secured over the assets to which they relate.

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Other loans (secured)	107,587		115,367

The other loans are secured over the assets to which they relate.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2026		2025
	£		£
Other loans (secured / repayable by instalments)	0		83,772

The other loans are secured over the assets to which they relate.