Wakehurst Property Limited iXBRL

Company Registration Number: 10728464

Wakehurst Property Limited

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 March 2026

Wakehurst Property Limited

DIRECTORS AND OTHER INFORMATION


Directors	Mrs K L Rockingham
	Mr G W Heason Rockingham


Company Registration Number	10728464


Registered Office	8/10 South Street
	Epsom
	Surrey
	KT18 7PF
	United Kingdom


Accountants	Williams & Co Epsom LLP
	8-10 South Street
	Epsom
	Surrey
	KT187PF
	United Kingdom

Wakehurst Property Limited

DIRECTORS' REPORT

for the financial year ended 31 March 2026

The directors present their report and the unaudited financial statements for the financial year ended 31 March 2026.

Directors

The directors who served during the financial year are as follows:

Mrs K L Rockingham

Mr G W Heason Rockingham

There were no changes in shareholdings between 31 March 2026 and the date of signing the financial statements.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

■

select suitable accounting policies and apply them consistently;

■

make judgements and accounting estimates that are reasonable and prudent;

■

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mrs K L Rockingham

Director

29 October 2026

Wakehurst Property Limited

Company Registration Number: 10728464

BALANCE SHEET

as at 31 March 2026

		2026	2025
	Notes	£	£

Fixed Assets

Tangible assets

5,048,818

4,505,984

─────────

Current Assets

Debtors

106,559

102,332

Cash and cash equivalents

13,748

223,738

─────────

120,307

326,070

─────────

Creditors: amounts falling due within one year

(2,941,985)

(2,646,164)

─────────

Net Current Liabilities

(2,821,678)

(2,320,094)

─────────

Total Assets less Current Liabilities

2,227,140

2,185,890

═════════

Capital and Reserves

Called up share capital

100

100

Statement of income and retained earnings

2,227,040

2,185,790

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Shareholders' Funds

2,227,140

2,185,890

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings.

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 29 October 2026 and signed on its behalf by



________________________________
Mrs K L Rockingham
Director

Wakehurst Property Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

General Information

Wakehurst Property Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 10728464. The registered office of the company is 8/10 South Street, Epsom, Surrey, KT18 7PF, United Kingdom. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover represents rental income generated from investment property, excluding value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

25% Straight line

Fixtures, fittings and equipment

25% Straight line

Computer and Equipment

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is shown at most recent valuation. Any aggregate surplus or defecit arising from changes in fair value is recognised in proffit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 2, (2025 - 2).

2026

2025

Number

Number

Directors

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4.	Tangible assets
		Investment	Plant and	Fixtures,	Computer	Total
		properties	machinery	fittings and	and
				equipment	Equipment
		£	£	£	£	£
	Cost
	At 1 April 2025	4,504,089	728	-	4,340	4,509,157
	Additions	501,183	-	52,156	-	553,339
		─────────	─────────	─────────	─────────	─────────
	At 31 March 2026	5,005,272	728	52,156	4,340	5,062,496
		─────────	─────────	─────────	─────────	─────────
	Depreciation
	At 1 April 2025	-	546	-	2,627	3,173
	Charge for the financial year	-	182	9,713	610	10,505
		─────────	─────────	─────────	─────────	─────────
	At 31 March 2026	-	728	9,713	3,237	13,678
		─────────	─────────	─────────	─────────	─────────
	Net book value
	At 31 March 2026	5,005,272	-	42,443	1,103	5,048,818
		═════════	═════════	═════════	═════════	═════════
	At 31 March 2025	4,504,089	182	-	1,713	4,505,984
		═════════	═════════	═════════	═════════	═════════


5.	Debtors	2026	2025
		£	£

	Other debtors	102,529	102,332
	Prepayments and accrued income	4,030	-
		─────────	─────────
		106,559	102,332
		═════════	═════════


6.	Creditors	2026	2025
	Amounts falling due within one year	£	£

	Bank loan	835,526	909,795
	Taxation (Note 7)	10,101	9,991
	Directors' current accounts	2,084,016	1,713,777
	Accruals and deferred income	12,342	12,601
		─────────	─────────
		2,941,985	2,646,164
		═════════	═════════


7.	Taxation	2026	2025
		£	£

	Creditors:
	VAT	10,101	9,991
		═════════	═════════


8.	Secured debts	2026	2025
		£	£

	Bank loans	835,526	909,795
		═════════	═════════

	The bank loan is secured by means of a first legal charge over the investment property. Further security is given by means of a debenture over the whole assets and undertaking, and finally a personal guarantee issued by the Directors (limited to £400,000).