Company registration number: 15215502
Unaudited financial statements
for the period ended 31 March 2025
for
Naylor & Wagstaff Ltd
Pages for filing with the Registrar
Naylor & Wagstaff Ltd
Chartered Accountants' Report to the Board of Directors for the preparation of the
unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Naylor & Wagstaff Ltd for the period ended 31 March 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at https://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Naylor & Wagstaff Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Naylor & Wagstaff Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Naylor & Wagstaff Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Naylor & Wagstaff Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Naylor & Wagstaff Ltd. You consider that Naylor & Wagstaff Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Naylor & Wagstaff Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Cobble Accountants Limited
Commerce House
Carlton Boulevard
Lincoln
Lincolnshire
LN2 4WJ
United Kingdom
Date: 11 August 2025
1
Company registration number: 15215502
Naylor & Wagstaff Ltd
Balance sheet
as at 31 March 2025
Note £ £
Fixed assets
Investments 4 60
Investment property 5 2,642,673
2,642,733
Current assets
Debtors 336,027
Cash at bank and in hand 354
336,381
Creditors: amounts falling due within one
year
(374,369)
Net current liabilities (37,988)
Total assets less current liabilities 2,604,745
Creditors: Amounts falling due after more
than one year
6 (1,778,165)
NET ASSETS 826,580
Capital and reserves
Called up share capital 200
Profit and loss account 826,380
TOTAL EQUITY 826,580
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 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
2
Company registration number: 15215502
Naylor & Wagstaff Ltd
Balance sheet - continued
as at 31 March 2025
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.
These financial statements were approved by the Board of directors and authorised for issue on 11 August 2025 and signed on its behalf by:
Mr M Naylor, Director Mr S Naylor, Director
11 August 2025 11 August 2025
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Naylor & Wagstaff Ltd
Notes to the financial statements
for the period ended 31 March 2025
1 Company information
Naylor & Wagstaff Ltd is a private company registered in England and Wales. Its registered number is 15215502. The company is limited by shares. Its registered office is Gamston Airfield, Gamston, Retford, DN22 0QL.
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.
Going concern
In preparing these financial statements, the directors have 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 directors take 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 directors consider 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.
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the period the average number of employees was 2.
4
Naylor & Wagstaff Ltd
Notes to the financial statements - continued
for the period ended 31 March 2025
4 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
Additions 60
At 31 March 2025 60
Net book value
At 31 March 2025 60
5 Investment property
£
Valuation
Additions 2,642,673
At 31 March 2025 2,642,673
6 Creditors: amounts falling due after more than five years
£
Repayable by instalments
Bank loans 1,574,609
7 Secured debts
The total amount of secured debt outstanding at 31 March 2025 was £1,800,000. The loans are secured against the asset to which they relate.
8 Share capital
At the reporting date, the company had £200 of ordinary shares issued as share capital.

The company has one class of ordinary shares which carry equal rights to vote, receive dividends and share in the distribution of assets on winding up.
5
Naylor & Wagstaff Ltd
Notes to the financial statements - continued
for the period ended 31 March 2025
9 Controlling party
In the opinion of the directors, there is no single ultimate controlling party.
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