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Registered number: 04567011
Wincot Lands Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Grenfell James Associates Limited
13 The Courtyard Timothys Bridge Road
Stratford-Upon-Avon
CV37 9NP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04567011
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 568,037 570,413
568,037 570,413
CURRENT ASSETS
Debtors 5 233,022 238,715
Cash at bank and in hand 165,566 139,472
398,588 378,187
Creditors: Amounts Falling Due Within One Year 6 (64,644 ) (102,582 )
NET CURRENT ASSETS (LIABILITIES) 333,944 275,605
TOTAL ASSETS LESS CURRENT LIABILITIES 901,981 846,018
Creditors: Amounts Falling Due After More Than One Year 7 (19,318 ) (19,318 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,227 ) (4,679 )
NET ASSETS 878,436 822,021
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 877,436 821,021
SHAREHOLDERS' FUNDS 878,436 822,021
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P M Cook
Director
28/08/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wincot Lands Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04567011 . The registered office is 13 The Courtyard Timothys Bridge Road, Stratford-Upon-Avon, Warwickshire, CV37 9NP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No depreciation
Leasehold No depreciation
Plant & Machinery 20% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on reducing balance
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2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 509,172 36,616 4,792 115,653
Additions - - - -
As at 31 March 2025 509,172 36,616 4,792 115,653
Depreciation
As at 1 April 2024 - - 342 96,463
Provided during the period - - 890 2,878
As at 31 March 2025 - - 1,232 99,341
...CONTINUED
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Net Book Value
As at 31 March 2025 509,172 36,616 3,560 16,312
As at 1 April 2024 509,172 36,616 4,450 19,190
Computer Equipment Total
£ £
Cost
As at 1 April 2024 2,410 668,643
Additions 1,846 1,846
As at 31 March 2025 4,256 670,489
Depreciation
As at 1 April 2024 1,425 98,230
Provided during the period 454 4,222
As at 31 March 2025 1,879 102,452
Net Book Value
As at 31 March 2025 2,377 568,037
As at 1 April 2024 985 570,413
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,971 9,223
Other debtors 229,051 229,492
233,022 238,715
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,608 5,561
Other creditors 38,037 70,792
Taxation and social security 21,999 26,229
64,644 102,582
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 19,318 19,318
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Related Party Disclosures
The company holds a leasehold interest in the land at Wincot Lands, Campden Road, Clifford Chambers,Stratford upon Avon, Warwickshire. The lease between Andrew Cook, Philip Cook and Stephen Cook and Wincot Lands Ltd is dated 29th November 2018 and has a term that runs until 24 March 2028.
The company also holds a leasehold interest in the land at Wincot Lands, Livestock Market, Rural
Workshops. The lease between Andrew Cook, Philip Cook and Stephen Cook and Wincot Lands Ltd is
dated 27th March 2003 and has a term that runs until 24 March 2028.
As at 31 March 2025 Ashwin Cook, a related partnership, owes to Wincot Lands Ltd £224,762.69.
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