Company No: 06757755 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		30.11.2023
		£		£
Fixed assets
Tangible assets	4	3,543		7,173
		3,543		7,173
Current assets
Stocks		39,635		47,706
Debtors	5	36,409		179,183
Cash at bank and in hand		180,390		37,678
		256,434		264,567
Creditors: amounts falling due within one year	6	( 216,273)		( 201,333)
Net current assets		40,161		63,234
Total assets less current liabilities		43,704		70,407
Creditors: amounts falling due after more than one year	7	( 6,500)		( 56,596)
Provision for liabilities		( 673)		( 1,364)
Net assets		36,531		12,447
Capital and reserves
Called-up share capital	8	10		10
Profit and loss account		36,521		12,437
Total shareholders' funds		36,531		12,447

For the financial period ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Earth Wrights Limited (registered number: 06757755) were approved and authorised for issue by the Board of Directors on 23 September 2025. They were signed on its behalf by:

Mr M I Renouard Director

Mr M T D Jones Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Earth Wrights Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Woodlands Yard, Dartington, Totnes, TQ9 6NS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The financial statements cover a period of 16 months from 1 December 2023 to 31 March 2025. This extended reporting period arises from a change in the company’s accounting reference date, which was previously 30 November and has been changed to 31 March. The comparative figures presented in these financial statements are for the 12-month period ended 30 November 2023.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery	5 years straight line
Vehicles	5 years straight line
Fixtures and fittings	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	Period from 01.12.2023 to 31.03.2025		Year ended 30.11.2023
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	14		13

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 01 December 2023	7,900		7,900
At 31 March 2025	7,900		7,900
Accumulated amortisation
At 01 December 2023	7,900		7,900
At 31 March 2025	7,900		7,900
Net book value
At 31 March 2025	0		0
At 30 November 2023	0		0

4. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 December 2023	37,143		59,088		17,483		113,714
At 31 March 2025	37,143		59,088		17,483		113,714
Accumulated depreciation
At 01 December 2023	33,149		57,388		16,004		106,541
Charge for the financial period	1,069		1,700		861		3,630
At 31 March 2025	34,218		59,088		16,865		110,171
Net book value
At 31 March 2025	2,925		0		618		3,543
At 30 November 2023	3,994		1,700		1,479		7,173

5. Debtors

	31.03.2025		30.11.2023
	£		£
Trade debtors	31,842		175,255
Other debtors	4,567		3,928
	36,409		179,183

6. Creditors: amounts falling due within one year

	31.03.2025		30.11.2023
	£		£
Bank loans	37,883		35,445
Trade creditors	62,630		39,756
Amounts owed to directors	20,923		31,880
Accruals and deferred income	8,250		35,303
Taxation and social security	73,885		53,632
Obligations under finance leases and hire purchase contracts	0		3,261
Other creditors	12,702		2,056
	216,273		201,333

7. Creditors: amounts falling due after more than one year

	31.03.2025		30.11.2023
	£		£
Bank loans	6,500		56,596

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	31.03.2025		30.11.2023
	£		£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each	10		10