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REGISTERED NUMBER: 00696609 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

WREN GENERAL MERCHANTS LIMITED
WREN GENERAL MERCHANTS LIMITED (REGISTERED NUMBER: 00696609)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WREN GENERAL MERCHANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: Dr P Lawes
Mrs H Lawes
Mr D Lawes





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN





REGISTERED NUMBER: 00696609 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN
Page 1
WREN GENERAL MERCHANTS LIMITED (REGISTERED NUMBER: 00696609)

BALANCE SHEET
31ST DECEMBER 2024

31.12.24 31.12.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 65,592 42,058
Investments 5 908,017 908,017
Investment property 6 850,000 850,000
1,823,609 1,800,075

CURRENT ASSETS
Debtors 7 1,463 6,395
Investments 8 308,485 277,917
Cash at bank 121,578 140,397
431,526 424,709
CREDITORS
Amounts falling due within one year 9 18,002 5,620
NET CURRENT ASSETS 413,524 419,089
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,237,133
2,219,164

CAPITAL AND RESERVES
Called up share capital 10 24 24
Revaluation reserve 11 826,837 826,837
Retained earnings 11 1,410,272 1,392,303
SHAREHOLDERS' FUNDS 2,237,133 2,219,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th September 2025 and were signed on its behalf by:





Mr D Lawes - Director


The notes form part of these financial statements

Page 2
WREN GENERAL MERCHANTS LIMITED (REGISTERED NUMBER: 00696609)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Wren General Merchants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover shown in the profit and loss is represented by rental income recieved in the accounting period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1st January 2024 77,220 907 78,127
Additions 43,299 1,639 44,938
Disposals (35,160 ) - (35,160 )
At 31st December 2024 85,359 2,546 87,905
DEPRECIATION
At 1st January 2024 35,290 779 36,069
Charge for year 15,928 349 16,277
Eliminated on disposal (30,033 ) - (30,033 )
At 31st December 2024 21,185 1,128 22,313
NET BOOK VALUE
At 31st December 2024 64,174 1,418 65,592
At 31st December 2023 41,930 128 42,058

5. FIXED ASSET INVESTMENTS

31.12.24 31.12.23
£ £
Loans to group undertakings 824,017 824,017
Participating interests 84,000 84,000
908,017 908,017

Page 3 continued...
WREN GENERAL MERCHANTS LIMITED (REGISTERED NUMBER: 00696609)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

5. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Interest in
other
participating
interests
£
COST
At 1st January 2024
and 31st December 2024 84,000
NET BOOK VALUE
At 31st December 2024 84,000
At 31st December 2023 84,000
Loans to
group
undertakings
£
At 1st January 2024
and 31st December 2024 824,017

Loan to subsidiary, Fortaleza, based in Portugal, is only repayable on the sale of the property held within the Portuguese company.

6. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1st January 2024
and 31st December 2024 850,000
NET BOOK VALUE
At 31st December 2024 850,000
At 31st December 2023 850,000

Fair value at 31st December 2024 is represented by:
£
Valuation in 2008 476,837
Valuation in 2022 350,000
Cost 23,163
850,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.24 31.12.23
£ £
Cost 23,163 23,163

Investment property was valued on an open market basis on 31st December 2023 by the directors of the company .

Page 4 continued...
WREN GENERAL MERCHANTS LIMITED (REGISTERED NUMBER: 00696609)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade debtors 255 4,554
VAT - 539
Prepayments and accrued income 1,208 1,302
1,463 6,395

8. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£ £
Unlisted investments 308,485 277,917

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade creditors 4,641 1,067
Amounts owed to associates 890 890
Social security and other taxes 7,828 2,063
VAT 3,043 -
Accruals and deferred income 1,600 1,600
18,002 5,620

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £ £
24,000 Ordinary £0.001 24 24

11. RESERVES
Retained Revaluation
earnings reserve Totals
£ £ £

At 1st January 2024 1,392,303 826,837 2,219,140
Profit for the year 42,969 42,969
Dividends (25,000 ) (25,000 )
At 31st December 2024 1,410,272 826,837 2,237,109

12. RELATED PARTY DISCLOSURES

Wren General Merchants Limited owns 50% of the issued share capital of Burgau Fortaleza LDA. Income of £13,789 (2023: £18,938) was recognised in the profit and loss account, in respect of income recieved from Burgau Fortaleza LDA.

13. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs H Lawes.

Page 5