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REGISTERED NUMBER: 03656674 (England and Wales)















WROUGHTON INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2025






WROUGHTON INVESTMENTS LTD (REGISTERED NUMBER: 03656674)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


WROUGHTON INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2025







DIRECTOR: Mr N Cowley



SECRETARY: Mr N Cowley



REGISTERED OFFICE: 43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG



REGISTERED NUMBER: 03656674 (England and Wales)



ACCOUNTANTS: Morris Owen
Chartered Accountants
43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG



BANKERS: Barclays Bank Plc
28 Regent Street
SWINDON
Wiltshire
SN1 1QB

WROUGHTON INVESTMENTS LTD (REGISTERED NUMBER: 03656674)

STATEMENT OF FINANCIAL POSITION
28TH FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,250,000 1,250,000

CURRENT ASSETS
Stocks 56,616 41,291
Debtors 5 1,393,177 1,359,805
Cash at bank 2,486 33,934
1,452,279 1,435,030
CREDITORS
Amounts falling due within one year 6 2,601,398 2,554,967
NET CURRENT LIABILITIES (1,149,119 ) (1,119,937 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,881

130,063

CAPITAL AND RESERVES
Called up share capital 8 4,998 4,998
Non distributable retained
earnings 825,712 825,712
Retained earnings (729,829 ) (700,647 )
SHAREHOLDERS' FUNDS 100,881 130,063

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd April 2025 and were signed by:





Mr N Cowley - Director


WROUGHTON INVESTMENTS LTD (REGISTERED NUMBER: 03656674)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025


1. STATUTORY INFORMATION

Wroughton Investments Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03656674 (England and Wales)

Registered office: 43-45 Devizes Road, Swindon, Wiltshire, SN1 4BG

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest pound.

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 historical cost convention.

Going concern
The company has an interest in a leasehold which is being held for development. It is anticipated that the development will be carried out within the next 5 years. For that reason, the directors are satisfied that the company remains a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 or other future taxable profits.

WROUGHTON INVESTMENTS LTD (REGISTERED NUMBER: 03656674)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


2. ACCOUNTING POLICIES - continued

Financial instruments
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 29th February 2024
and 28th February 2025 1,250,000
NET BOOK VALUE
At 28th February 2025 1,250,000
At 28th February 2024 1,250,000

The directors have considered the value of the leasehold property as at the year end and they are satisfied it reflects market value.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 9,600 -
Other debtors 1,383,577 1,359,805
1,393,177 1,359,805

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 8 36
Amounts owed to associated companies 858,175 847,175
Taxation and social security 11,084 8,801
Other creditors 1,732,131 1,698,955
2,601,398 2,554,967

WROUGHTON INVESTMENTS LTD (REGISTERED NUMBER: 03656674)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Loans 700,000 700,000

Cruz Developments London Ltd hold a charge over the land and property at Manor Garden Centre, Cheney Manor Industrial Estate, Swindon, SN2 2QJ.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
4,998 Ordinary £1 4,998 4,998

9. OTHER FINANCIAL COMMITMENTS

The company had operating lease commitments at the year end of £9,983,334 being the remaining 100 years on the lease of a property.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28th February 2025 and 28th February 2024:

2025 2024
£    £   
Mr N Cowley
Balance outstanding at start of year 863,953 845,145
Amounts advanced 21,848 18,808
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 885,801 863,953

Interest has been charged at 2.25% and there is no fixed repayment date.