IRIS Accounts Production v25.2.0.378 03272056 director 1.4.24 31.3.25 31.3.25 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03272056 2024-03-31 03272056 2025-03-31 03272056 2024-04-01 2025-03-31 03272056 2023-03-31 03272056 2023-04-01 2024-03-31 03272056 2024-03-31 03272056 ns15:EnglandWales 2024-04-01 2025-03-31 03272056 ns14:PoundSterling 2024-04-01 2025-03-31 03272056 ns10:Director1 2024-04-01 2025-03-31 03272056 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03272056 ns10:SmallEntities 2024-04-01 2025-03-31 03272056 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03272056 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03272056 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03272056 ns10:FullAccounts 2024-04-01 2025-03-31 03272056 ns10:RegisteredOffice 2024-04-01 2025-03-31 03272056 ns5:CurrentFinancialInstruments 2025-03-31 03272056 ns5:CurrentFinancialInstruments 2024-03-31 03272056 ns5:ShareCapital 2025-03-31 03272056 ns5:ShareCapital 2024-03-31 03272056 ns5:RevaluationReserve 2025-03-31 03272056 ns5:RevaluationReserve 2024-03-31 03272056 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03272056 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03272056 ns5:PlantMachinery 2024-04-01 2025-03-31 03272056 ns5:PlantMachinery 2024-03-31 03272056 ns5:PlantMachinery 2025-03-31 03272056 ns5:PlantMachinery 2024-03-31 03272056 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03272056 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 03272056 ns5:DeferredTaxation 2024-03-31 03272056 ns5:DeferredTaxation 2024-04-01 2025-03-31 03272056 ns5:DeferredTaxation 2025-03-31

REGISTERED NUMBER: 03272056 (England and Wales)

| WYATT LUXURY HOMES LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

WYATT LUXURY HOMES LIMITED (REGISTERED NUMBER: 03272056)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

WYATT LUXURY HOMES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | P R Wyatt

| REGISTERED OFFICE: | Osbourne House

| Monkey Jump, Wellow Common

| West Wellow

| Romsey

| Hampshire

| SO51 6BX

| REGISTERED NUMBER: | 03272056 (England and Wales)

| BANKERS: | National Westminster Bank plc

| 50 Cheap Street

| Sherbourne

| Dorset

| DT9 3BH

WYATT LUXURY HOMES LIMITED (REGISTERED NUMBER: 03272056)

BALANCE SHEET

31 MARCH 2025

2025 | 2024 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 1,525 |  | 1,768 |  |

Investment property | 5 | 1,030,000 |  | 881,680 |  |

1,031,525 |  | 883,448 |  |

CURRENT ASSETS

Work in progress | 84,000 |  | 84,000 |  |

Debtors | 6 | 1,915 |  | 1,827 |  |

Cash at bank | 1,871 |  | 259,683 |  |

87,786 |  | 345,510 |  |

CREDITORS

Amounts falling due within one year | 7 | (304,470 | ) | (570,679 | ) |

NET CURRENT LIABILITIES | (216,684 | ) | (225,169 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 814,841 |  | 658,279 |  |

PROVISIONS FOR LIABILITIES | 8 | (60,749 | ) | (30,250 | ) |

NET ASSETS | 754,092 |  | 628,029 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Non distributable P&L reserve | 247,003 |  | 129,182 |  |

Retained earnings | 506,989 |  | 498,747 |  |

SHAREHOLDERS' FUNDS | 754,092 |  | 628,029 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

WYATT LUXURY HOMES LIMITED (REGISTERED NUMBER: 03272056)

BALANCE SHEET - continued

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 October 2025 and were signed by:

P R Wyatt - Director

WYATT LUXURY HOMES LIMITED (REGISTERED NUMBER: 03272056)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Wyatt Luxury Homes 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 FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

| The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

| The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery | - | 15% Reducing balance

| 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.

| Gains on revaluation of investment properties are shown in non-distributable reserve, net of deferred tax.

| Work in progress

| Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

| Financial assets

| The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Financial liabilities

| Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

WYATT LUXURY HOMES LIMITED (REGISTERED NUMBER: 03272056)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Equity instruments

| Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

| £

| COST

| At 1 April 2024

| and 31 March 2025 | 3,124 |  |

| DEPRECIATION

| At 1 April 2024 | 1,356 |  |

| Charge for year | 243 |  |

| At 31 March 2025 | 1,599 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,525 |  |

| At 31 March 2024 | 1,768 |  |

5. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 1 April 2024 | 881,680 |  |

| Revaluations | 148,320 |  |

| At 31 March 2025 | 1,030,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,030,000 |  |

| At 31 March 2024 | 881,680 |  |

| Investment property was valued on an open market basis on 31 March 2025 by the board of Directors. The fair value carried forward was considered to be the open market value.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Other debtors | 1,915 |  | 1,827 |  |

WYATT LUXURY HOMES LIMITED (REGISTERED NUMBER: 03272056)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade creditors | - |  | 1,818 |  |

| Taxation and social security | 19,022 |  | 65,570 |  |

| Other creditors | 285,448 |  | 503,291 |  |

304,470 |  | 570,679 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

| £ | £

| Deferred tax | 60,749 |  | 30,250 |  |

Deferred tax |

| £

| Balance at 1 April 2024 | 30,250 |  |

| Provided during year | 30,499 |  |

| Balance at 31 March 2025 | 60,749 |  |