| WKO PROPERTY LIMITED |
| Registered number: |
15432959 |
| Balance Sheet |
| as at 31 January 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
|
|
|
|
- |
|
|
- |
| Fixed assets |
| Tangible assets |
3 |
|
|
285,956 |
|
|
285,956 |
|
| Current assets |
| Cash at bank and in hand |
|
|
12,170 |
|
|
8,129 |
|
| Creditors: amounts falling due within one year |
4 |
|
(1,673) |
|
|
(1,688) |
|
| Net current assets |
|
|
|
10,497 |
|
|
6,441 |
|
| Total assets less current liabilities |
|
|
|
296,453 |
|
|
292,397 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(292,255) |
|
|
(292,345) |
|
|
|
| Net assets |
|
|
|
4,198 |
|
|
52 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
4,098 |
|
|
(48) |
|
| Shareholder's funds |
|
|
|
4,198 |
|
|
52 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Wioleta Kozuchowska |
| Director |
| Approved by the board on 31 August 2026 |
|
| WKO PROPERTY LIMITED |
| Notes to the Accounts |
| for the year ended 31 January 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Investment property |
|
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market value 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. |
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Borrowings |
|
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit an Loss Account over the period of the relevant borrowing. |
|
|
Taxation |
|
The tax expense for the period comprises current tax. Tax is recognised in profit and loss. The current income tax charge is calculated based on tax rates and laws that have been enacted of substantively enacted by the reporting date in the countries where the company operates and generated taxable income. |
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Investment property |
|
|
|
|
|
|
|
|
Investment property |
|
|
Cost |
|
At 1 February 2025 |
285,956 |
|
At 31 January 2026 |
285,956 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 January 2026 |
- |
|
Net book value |
|
At 31 January 2026 |
285,956 |
|
At 31 January 2025 |
285,956 |
|
|
There has been no valuation of investment property by an independent valuer. |
|
| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
|
|
Trade creditors |
700 |
|
1,688 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
|
|
Bank loans |
109,980 |
|
109,980 |
|
Amounts owned to director |
182,275 |
|
182,365 |
|
|
|
|
|
|
292,255 |
|
292,345 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
WKO PROPERTY LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
131 Matlock Crescent |
|
Cheam |
|
Sutton |
|
SM3 9SY |