REGISTERED NUMBER: 12410615 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

WOOLGROWERS FIELD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

The Hon F H Fermor-Hesketh

REGISTERED OFFICE:

The Ticket Office Towcester Racecourse

London Road

Towcester

United Kingdom

NN12 6LB

REGISTERED NUMBER:

12410615 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

1,732

2,309

Investments

5

207,627

-

Investment property

6

2,997,062

766,000

3,206,421

768,309

CURRENT ASSETS

Debtors

7

48,740

609

Investments

8

200,739

-

Cash at bank and in hand

4,011

24,850

253,490

25,459

CREDITORS

Amounts falling due within one year

9

2,550,701

498,893

NET CURRENT LIABILITIES

(2,297,211

)

(473,434

)

TOTAL ASSETS LESS CURRENT LIABILITIES

909,210

294,875

CREDITORS

Amounts falling due after more than one year

10

(648,134

)

-

PROVISIONS FOR LIABILITIES

(152,643

)

(113,756

)

NET ASSETS

108,433

181,119

CAPITAL AND RESERVES

Called up share capital

100

100

Unrealised reserves

456,633

483,093

Retained earnings

(348,300

)

(302,074

)

SHAREHOLDERS' FUNDS

108,433

181,119

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 30th October 2025 and were signed by:

The Hon F H Fermor-Hesketh - Director

1.	STATUTORY INFORMATION

Woolgrowers Field Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on 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.

Fixed asset investments

Unlisted fixed asset investments are held at fair value through profit and loss. Where fair value cannot be measured reliably, unlisted investments are held at cost less impairment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st February 2024

and 31st January 2025

2,421

DEPRECIATION

At 1st February 2024

112

Charge for year

577

At 31st January 2025

689

NET BOOK VALUE

At 31st January 2025

1,732

At 31st January 2024

2,309

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

190,953

Revaluations

16,674

At 31st January 2025

207,627

NET BOOK VALUE

At 31st January 2025

207,627

Cost or valuation at 31st January 2025 is represented by:

Other

investments

£

Valuation in 2025

16,674

Cost

190,953

207,627

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2024

766,000

Additions

2,235,303

Revaluations

(4,241

)

At 31st January 2025

2,997,062

NET BOOK VALUE

At 31st January 2025

2,997,062

At 31st January 2024

766,000

Fair value at 31st January 2025 is represented by:

£

Valuation in 2021

648,337

Valuation in 2022

(34,326

)

Valuation in 2023

(7,100

)

Valuation in 2024

(10,500

)

Valuation in 2025

(4,241

)

Cost

2,404,892

2,997,062

Investment property was valued on an open market basis on 31st January 2025 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,988

-

Other debtors

29,752

609

48,740

609

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

200,739

-

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

13,016

-

Taxation and social security

6,551

-

Other creditors

2,531,134

498,893

2,550,701

498,893

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

648,134

-

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

408,134

-

11.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Other loans

2,226,898

-

Amounts falling due between one and two years:

Other loans - 1-2 years

60,000

-

Amounts falling due between two and five years:

Other loans - 2-5 years

180,000

-

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

408,134

-

12.	RELATED PARTY DISCLOSURES

At the balance sheet date a loan of £708,134 (2024: £nil) was owed to a close family member of the director. The loan is interest free and repayable over 12 years.

At the balance sheet date a loan of £2,166,898 (2024: £nil) was owed to a connected party. The loan is interest free and repayable on demand.