Registration number: 11517871

Wayne James Properties Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Wayne James Properties Ltd

Company Information

Directors

Mr J A Southern Mr W E Dugdale

Company secretary

Mrs P L Holland

Registered office

Halls House Farm Chain Lane Staining Blackpool Lancashire FY3 0DP

Accountants

Red Dot Accountants Ltd 15 Olympic Court Whitehills Business Park Blackpool Lancashire FY4 5GU

Wayne James Properties Ltd

(Registration number: 11517871)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	319,862	369,777
Investment property	5	579,500	717,500
		899,362	1,087,277
Current assets
Debtors	6	49,728	27,578
Cash at bank and in hand		19,282	1,864
		69,010	29,442
Creditors: Amounts falling due within one year	7	(442,311)	(517,496)
Net current liabilities		(373,301)	(488,054)
Total assets less current liabilities		526,061	599,223
Creditors: Amounts falling due after more than one year	7	(416,562)	(514,062)
Net assets		109,499	85,161
Capital and reserves
Called up share capital	8	2	2
Fair value reserve		150,349	195,342
Retained earnings		(40,852)	(110,183)
Shareholders' funds		109,499	85,161

For the financial year ending 31 January 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 August 2026 and signed on its behalf by:
 

Wayne James Properties Ltd

(Registration number: 11517871)
Balance Sheet as at 31 January 2026

......................................... Mr J A Southern Director

......................................... Mr W E Dugdale Director

Wayne James Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Halls House Farm
Chain Lane
Staining
Blackpool
Lancashire
FY3 0DP

These financial statements were authorised for issue by the Board on 25 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the income received or receivable for the rent of the properties in the ordinary course of the company’s activities.

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

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the Directors. The Directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Trade debtors

Trade debtors are amounts due from tenants for rental income due in the ordinary course of business.

Wayne James Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2025 - 2).

4	tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 February 2025	346,360	32,122	378,482
Disposals	(44,381)	(3,547)	(47,928)
At 31 January 2026	301,979	28,575	330,554
Depreciation
At 1 February 2025	-	8,705	8,705
Charge for the year	-	1,987	1,987
At 31 January 2026	-	10,692	10,692
Carrying amount
At 31 January 2026	301,979	17,883	319,862
At 31 January 2025	346,360	23,417	369,777

Included within the net book value of land and buildings above is £301,979 (2025 - £346,360) in respect of freehold land and buildings.
 

Wayne James Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

5	Investment properties

	2026 £
At 1 February	717,500
Disposals	(138,000)
At 31 January	579,500

The properties have been valued by the Directors.

6

Debtors

Current	2026 £	2025 £
Prepayments	4,836	4,156
Other debtors	44,892	23,422
	49,728	27,578

Wayne James Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	-	25,651
Taxation and social security	436	36
Accruals and deferred income	2,705	5,166
Other creditors	439,170	486,643
	442,311	517,496

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	416,562	514,062

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on revaluation of other assets	(44,993)	(44,993)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	21,628	21,628

Wayne James Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	416,562	514,062