Company registration number 03971021 (England and Wales)
WYNFORD PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
WYNFORD PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
WYNFORD PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
258,311
291,864
Investment property
4
5,544,050
5,540,849
5,802,361
5,832,713
Current assets
Debtors
5
49,360
136,650
Investments
6
2,072,175
1,567,084
Cash at bank and in hand
529,168
575,008
2,650,703
2,278,742
Creditors: amounts falling due within one year
7
(785,553)
(828,562)
Net current assets
1,865,150
1,450,180
Total assets less current liabilities
7,667,511
7,282,893
Creditors: amounts falling due after more than one year
8
(1,093,121)
(1,666,389)
Provisions for liabilities
(293,464)
(174,841)
Net assets
6,280,926
5,441,663
Capital and reserves
Called up share capital
9
2,000
2,000
Profit and loss reserves
6,278,926
5,439,663
Total equity
6,280,926
5,441,663

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

WYNFORD PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 11 November 2025 and are signed on its behalf by:
Mr J Mace
Director
Company Registration No. 03971021
WYNFORD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Wynford Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office and principle place of business is Wynford Farm, Belbins, Romsey, Hampshire, United Kingdom, SO51 0PE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard 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 a mounts in these financial statements are rounded to the nearest £.

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

1.2
Turnover

Turnover represents rents receivable in the year and the sale of electricity to the national grid.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% reducing balance
Fixtures, fittings & equipment
5% - 15% straight line
Computer equipment
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Cash at bank and in hand

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 current liabilities.

WYNFORD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors 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 financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

WYNFORD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

1.10
Retirement benefits

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

1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
WYNFORD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Computer equipment
Total
£
£
£
£
Cost
At 1 April 2024
244,526
392,346
1,126
637,998
Additions
2,290
-
0
-
0
2,290
At 31 March 2025
246,816
392,346
1,126
640,288
Depreciation and impairment
At 1 April 2024
161,097
184,350
687
346,134
Depreciation charged in the year
13,590
21,990
263
35,843
At 31 March 2025
174,687
206,340
950
381,977
Carrying amount
At 31 March 2025
72,129
186,006
176
258,311
At 31 March 2024
83,429
207,996
439
291,864
4
Investment property
2025
£
Fair value
At 1 April 2024
5,540,849
Additions
3,201
At 31 March 2025
5,544,050

The fair value of the investment properties has been arrived at on the basis of the valuation on 31 March 2025, by the director.

The historic cost of the properties to the balance sheet date was £4,133,630 (2024 - £4,130,429).

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
27,247
66,134
Other debtors
22,113
22,323
49,360
88,457
WYNFORD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
5
Debtors
(Continued)
- 7 -
2025
2024
Amounts falling due after more than one year:
£
£
Other debtors
-
0
48,193
Total debtors
49,360
136,650
6
Current asset investments
2025
2024
£
£
Other investments
2,072,175
1,567,084
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
90,400
90,400
Trade creditors
166,130
161,211
Taxation and social security
232,068
231,947
Other creditors
296,955
345,004
785,553
828,562

Bank loans are secured on leasehold property.

8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
165,415
260,241
Other creditors
927,706
1,406,148
1,093,121
1,666,389

Included with 'Other creditors' is £927,706 (2024 - £1,406,148) owed to the directors.

9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2,000
2,000
2,000
2,000
WYNFORD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
10
Distributable Reserves

At the reporting end date £2,133,831 (2024 - £1,754,409) represents the amount included in the profit and loss reserves that is not distributable.

2025-03-31 2024-04-01 false false false 11 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr J Mace Mrs S Mace Mrs S Mace 03971021 2024-04-01 2025-03-31 03971021 2025-03-31 03971021 2024-03-31 03971021 core:PlantMachinery 2025-03-31 03971021 core:FurnitureFittings 2025-03-31 03971021 core:ComputerEquipment 2025-03-31 03971021 core:PlantMachinery 2024-03-31 03971021 core:FurnitureFittings 2024-03-31 03971021 core:ComputerEquipment 2024-03-31 03971021 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 03971021 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03971021 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 03971021 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 03971021 core:CurrentFinancialInstruments 2025-03-31 03971021 core:CurrentFinancialInstruments 2024-03-31 03971021 core:Non-currentFinancialInstruments 2025-03-31 03971021 core:Non-currentFinancialInstruments 2024-03-31 03971021 core:ShareCapital 2025-03-31 03971021 core:ShareCapital 2024-03-31 03971021 core:RetainedEarningsAccumulatedLosses 2025-03-31 03971021 core:RetainedEarningsAccumulatedLosses 2024-03-31 03971021 core:ShareCapitalOrdinaryShareClass1 2025-03-31 03971021 core:ShareCapitalOrdinaryShareClass1 2024-03-31 03971021 bus:Director1 2024-04-01 2025-03-31 03971021 core:PlantMachinery 2024-04-01 2025-03-31 03971021 core:FurnitureFittings 2024-04-01 2025-03-31 03971021 core:ComputerEquipment 2024-04-01 2025-03-31 03971021 2023-04-01 2024-03-31 03971021 core:PlantMachinery 2024-03-31 03971021 core:FurnitureFittings 2024-03-31 03971021 core:ComputerEquipment 2024-03-31 03971021 2024-03-31 03971021 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 03971021 bus:OrdinaryShareClass1 2025-03-31 03971021 bus:OrdinaryShareClass1 2024-03-31 03971021 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03971021 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03971021 bus:FRS102 2024-04-01 2025-03-31 03971021 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03971021 bus:Director2 2024-04-01 2025-03-31 03971021 bus:CompanySecretary1 2024-04-01 2025-03-31 03971021 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP