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Financial Statements |
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Contents |
Page |
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Officers and professional advisers |
1 |
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Strategic report |
2 |
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Directors' report |
3 |
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Directors' responsibilities statement |
5 |
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Independent auditor's report to the members |
6 |
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Statement of comprehensive income |
10 |
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Statement of financial position |
11 |
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Statement of changes in equity |
12 |
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Statement of cash flows |
13 |
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Notes to the financial statements |
14 |
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Officers and Professional Advisers |
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The board of directors |
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Registered office |
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England |
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Auditor |
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Chartered accountants & statutory auditor |
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St Denys House |
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22 East Hill |
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St Austell |
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Cornwall |
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PL25 4TR |
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Strategic Report |
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Director |
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Registered office: |
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England |
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Directors' Report |
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Director |
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Registered office: |
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England |
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Directors' Responsibilities Statement |
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Independent Auditor's Report to the Members of
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(Senior Statutory Auditor) |
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For and on behalf of |
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Chartered accountants & statutory auditor |
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St Denys House |
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22 East Hill |
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St Austell |
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Cornwall |
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PL25 4TR |
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Statement of Comprehensive Income |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
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------------ |
------------ |
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Gross profit |
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Administrative expenses |
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Insurance claims |
5 |
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– |
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------------ |
------------ |
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Operating profit/(loss) |
6 |
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(
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------------ |
------------ |
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Profit/(loss) before taxation |
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(
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Tax on profit/(loss) |
10 |
(
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– |
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-------- |
--------- |
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Profit/(loss) for the financial year and total comprehensive income |
|
(
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-------- |
--------- |
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Statement of Financial Position |
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2025 |
2024 |
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Note |
£ |
£ |
£ |
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Intangible assets |
12 |
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Tangible assets |
13 |
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------------- |
------------- |
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Stocks |
14 |
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Debtors |
15 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
16 |
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--------- |
--------- |
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Net current assets/(liabilities) |
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(
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------------- |
------------- |
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Total assets less current liabilities |
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------------- |
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Net assets |
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Called up share capital |
18 |
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Share premium account |
19 |
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Profit and loss account |
19 |
(
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(
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Shareholders funds |
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Director |
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Statement of Changes in Equity |
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Called up share capital |
Share premium account |
Profit and loss account |
Total |
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£ |
£ |
£ |
£ |
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At 1 November 2022 |
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Loss for the year |
(
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(
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---- |
--------- |
--------- |
--------- |
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Total comprehensive income for the year |
– |
– |
(
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(
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Issue of shares |
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– |
– |
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Dividends paid and payable |
11 |
– |
– |
(
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(
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------------- |
--------- |
--------- |
------------- |
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Total investments by and distributions to owners |
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– |
(
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At 29 February 2024 |
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(
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Profit for the year |
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------------- |
--------- |
--------- |
------------- |
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Total comprehensive income for the year |
– |
– |
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------------- |
--------- |
--------- |
------------- |
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At 28 February 2025 |
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(
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------------- |
--------- |
--------- |
------------- |
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Statement of Cash Flows |
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2025 |
2024 |
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£ |
£ |
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Profit/(loss) for the financial year |
|
(
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Adjustments for: |
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Depreciation of tangible assets |
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Tax on profit/(loss) |
(
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– |
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Accrued expenses |
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Changes in: |
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Stocks |
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(
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Trade and other debtors |
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(
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Trade and other creditors |
(
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--------- |
--------- |
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Cash generated from operations |
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Interest received |
(
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– |
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Tax received |
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– |
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--------- |
--------- |
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Net cash from operating activities |
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--------- |
--------- |
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Purchase of tangible assets |
(
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(
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Proceeds from sale of tangible assets |
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– |
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Purchase of intangible assets |
(
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(
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Depreciation on transfers |
– |
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--------- |
------------- |
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Net cash used in investing activities |
(
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(
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--------- |
------------- |
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Proceeds from issue of ordinary shares |
– |
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Dividends paid |
– |
(
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--------- |
------------- |
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Net cash from financing activities |
– |
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--------- |
------------- |
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Net increase/(decrease) in cash and cash equivalents |
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(
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Cash and cash equivalents at beginning of year |
564,966 |
651,549 |
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--------- |
--------- |
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Cash and cash equivalents at end of year |
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--------- |
--------- |
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Notes to the Financial Statements |
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Long-term leasehold property |
- |
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Fixtures and fittings |
- |
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Motor Vehicles |
- |
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Computer equipment |
- |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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£ |
£ |
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Sale of goods |
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Rendering of services |
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Commissions |
– |
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Woodlands Home Rental |
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Sundry Income |
32,958
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24,910
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------------ |
------------ |
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------------ |
------------ |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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£ |
£ |
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Other operating income |
|
– |
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-------- |
---- |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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£ |
£ |
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Depreciation of tangible assets |
|
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Impairment of trade debtors |
1,067 |
– |
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--------- |
--------- |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
|
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-------- |
-------- |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Other pension costs |
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------------ |
------------ |
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------------ |
------------ |
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Period from |
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Year to |
1 Nov 22 to |
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|
28 Feb 25 |
29 Feb 24 |
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£ |
£ |
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Remuneration |
|
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-------- |
--------- |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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|
£ |
£ |
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UK current tax income |
(
|
– |
|
------- |
---- |
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Tax on profit/(loss) |
(
|
– |
|
------- |
---- |
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Period from |
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Year to |
1 Nov 22 to |
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28 Feb 25 |
29 Feb 24 |
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|
£ |
£ |
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Profit/(loss) on ordinary activities before taxation |
|
(
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|
-------- |
--------- |
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Adjustment to tax charge in respect of prior periods |
(
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– |
|
-------- |
--------- |
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2025 |
2024 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
– |
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---- |
------- |
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Pre-Development expenditure |
Projects in progress |
Total |
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£ |
£ |
£ |
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Cost |
|||
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At 1 March 2024 |
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18,085
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Additions |
– |
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-------- |
-------- |
-------- |
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At 28 February 2025 |
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32,969
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-------- |
-------- |
-------- |
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Amortisation |
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At 1 March 2024 and 28 February 2025 |
– |
– |
– |
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-------- |
-------- |
-------- |
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Carrying amount |
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At 28 February 2025 |
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32,969
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-------- |
-------- |
-------- |
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At 29 February 2024 |
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18,085
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-------- |
-------- |
-------- |
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Land and buildings |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 March 2024 |
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Additions |
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– |
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Disposals |
– |
(
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– |
– |
(
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------------- |
--------- |
-------- |
--------- |
------------- |
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At 28 February 2025 |
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------------- |
--------- |
-------- |
--------- |
------------- |
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Depreciation |
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At 1 March 2024 |
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Charge for the year |
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Disposals |
– |
(
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– |
– |
(
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------------- |
--------- |
-------- |
--------- |
------------- |
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At 28 February 2025 |
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------------- |
--------- |
-------- |
--------- |
------------- |
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Carrying amount |
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At 28 February 2025 |
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------------- |
--------- |
-------- |
--------- |
------------- |
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At 29 February 2024 |
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------------- |
--------- |
-------- |
--------- |
------------- |
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2025 |
2024 |
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£ |
£ |
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Raw materials and consumables |
|
|
|
-------- |
-------- |
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|
2025 |
2024 |
|
|
£ |
£ |
|
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Trade debtors |
|
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Prepayments and accrued income |
|
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Other debtors |
|
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|
--------- |
--------- |
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--------- |
--------- |
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|
2025 |
2024 |
|
|
£ |
£ |
|
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Trade creditors |
|
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Accruals and deferred income |
|
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Social security and other taxes |
|
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Other creditors |
|
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--------- |
--------- |
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--------- |
--------- |
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2025 |
2024 |
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No. |
£ |
No. |
£ |
|
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11,357,979 |
11,357,979 |
11,357,979 |
11,357,979 |
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------------- |
------------- |
------------- |
------------- |
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2025 |
2024 |
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No. |
£ |
No. |
£ |
|
|
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|
11,357,979 |
|
11,357,979 |
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------------- |
------------- |
------------- |
------------- |
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At 1 Mar 2024 |
Cash flows |
At 28 Feb 2025 |
|
|
£ |
£ |
£ |
|
|
Cash at bank and in hand |
|
109,771 |
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|
--------- |
--------- |
--------- |
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Transaction value |
Balance owed by/(owed to) |
|||
|
2025 |
2024 |
2025 |
2024 |
|
|
£ |
£ |
£ |
£ |
|
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|
– |
|
– |
– |
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---- |
------- |
---- |
---- |
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