Company registration number: 16191989
Annual report and unaudited financial statements
for the period ended 31 January 2026
for
WGS Property Portfolio Limited
Pages for filing with the Registrar
Company registration number: 16191989
WGS Property Portfolio Limited
Balance sheet
as at 31 January 2026
Note £ £
Fixed assets
Tangible assets 4 188,138
188,138
Current assets
Debtors 5 17,400
Cash at bank and in hand 24,194
41,594
Creditors: amounts falling due within one year
6 (3,397)
Net current assets 38,197
Total assets less current liabilities 226,335
Creditors: Amounts falling due after more than one year
7 (223,443)
NET ASSETS 2,892
Capital and reserves
Called up share capital 100
Profit and loss account 2,792
TOTAL EQUITY 2,892
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 January 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 16191989
WGS Property Portfolio Limited
Balance sheet - continued
as at 31 January 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr W Seabrook, Director
4 November 2026
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WGS Property Portfolio Limited
Notes to the financial statements
for the period ended 31 January 2026
1 Company information
WGS Property Portfolio Limited is a private company registered in England and Wales. Its registered number is 16191989. The company is limited by shares. Its registered office is Windyridge, Amberley, Stroud, Gloucestershire, GL5 5AA.
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 historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - No depreciation is charged on investment properties.
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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WGS Property Portfolio Limited
Notes to the financial statements - continued
for the period ended 31 January 2026
3 Average number of employees
During the period the average number of employees was 1.
4 Tangible fixed assets
Land and buildings
£
Cost
Additions 188,138
At 31 January 2026 188,138
Depreciation
At 31 January 2026 -
Net book value
At 31 January 2026 188,138
5 Debtors
£
Other debtors 17,400
6 Creditors: amounts falling due within one year
£
Other creditors 2,675
Taxation 722
3,397
7 Creditors: amounts falling due after more than one year
£
Other creditors 223,443
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