Company registration number 04113097 (England and Wales)
WESSEX COUNTRY GAMMON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
WESSEX COUNTRY GAMMON LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 12
WESSEX COUNTRY GAMMON LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr R D Isaacs
Company number
04113097
Registered office
37 Commercial Road
Poole
Dorset
BH14 0HU
Accountants
Azets
37 Commercial Road
Poole
Dorset
BH14 0HU
WESSEX COUNTRY GAMMON LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
3,642
4,053
Tangible assets
4
2,499,785
2,371,838
2,503,427
2,375,891
Current assets
Stocks
174,022
201,743
Debtors
5
1,151,858
1,150,718
Cash at bank and in hand
17,890
45,201
1,343,770
1,397,662
Creditors: amounts falling due within one year
6
(930,528)
(913,748)
Net current assets
413,242
483,914
Total assets less current liabilities
2,916,669
2,859,805
Creditors: amounts falling due after more than one year
7
(780,323)
(826,419)
Provisions for liabilities
(272,564)
(256,158)
Net assets
1,863,782
1,777,228
Capital and reserves
Called up share capital
9
751
759
Capital redemption reserve
249
241
Profit and loss reserves
1,862,782
1,776,228
Total equity
1,863,782
1,777,228
WESSEX COUNTRY GAMMON LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 3 -

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

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his 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.

The financial statements were approved and signed by the director and authorised for issue on 2 December 2025
Mr R D Isaacs
Director
Company Registration No. 04113097
WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 4 -
1
Accounting policies
Company information

Wessex Country Gammon Limited is a private company limited by shares incorporated in England and Wales. The registered office is 37 Commercial Road, Poole, Dorset, BH14 0HU.

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.The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 5 -

Amortisation 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:

Software
Straight line over 10 years
1.5
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:

Leasehold land and buildings
Not depreciated
Leasehold improvements
10% straight line
Plant and equipment
15% reducing balance
Fixtures and fittings
15% reducing balance
Computers
25% reducing balance
Motor vehicles
25% reducing balance

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.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible 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.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 6 -
1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
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 current liabilities.

1.9
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.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 7 -
Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

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.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.10
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.

1.11
Taxation

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

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.

WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 8 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

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

1.14
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

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.

2
Employees

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

2025
2024
Number
Number
Total
39
34
WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 9 -
3
Intangible fixed assets
Goodwill
Software
Total
£
£
£
Cost
At 1 July 2024 and 30 June 2025
148,000
4,108
152,108
Amortisation and impairment
At 1 July 2024
148,000
55
148,055
Amortisation charged for the year
-
0
411
411
At 30 June 2025
148,000
466
148,466
Carrying amount
At 30 June 2025
-
0
3,642
3,642
At 30 June 2024
-
0
4,053
4,053
WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 10 -
4
Tangible fixed assets
Leasehold land and buildings
Leasehold improvements
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
£
Cost
At 1 July 2024
1,144,145
381,916
1,483,821
168,854
42,201
432,543
3,653,480
Additions
-
0
145,663
203,012
13,530
4,027
41,250
407,482
Disposals
-
0
-
0
(88,356)
-
0
-
0
(89,218)
(177,574)
At 30 June 2025
1,144,145
527,579
1,598,477
182,384
46,228
384,575
3,883,388
Depreciation and impairment
At 1 July 2024
-
0
171,747
802,255
81,907
27,569
198,164
1,281,642
Depreciation charged in the year
-
0
42,444
120,523
14,120
4,029
58,726
239,842
Eliminated in respect of disposals
-
0
-
0
(63,874)
-
0
-
0
(74,007)
(137,881)
At 30 June 2025
-
0
214,191
858,904
96,027
31,598
182,883
1,383,603
Carrying amount
At 30 June 2025
1,144,145
313,388
739,573
86,357
14,630
201,692
2,499,785
At 30 June 2024
1,144,145
210,169
681,566
86,947
14,632
234,379
2,371,838
WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 11 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
791,896
810,889
Other debtors
24,785
50,054
Prepayments and accrued income
74,932
47,530
891,613
908,473
2025
2024
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
260,245
242,245
Total debtors
1,151,858
1,150,718
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
39,680
30,634
Trade creditors
213,283
208,352
Taxation and social security
89,113
144,811
Other creditors
588,452
529,951
930,528
913,748
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
713,260
767,051
Obligations under finance leases
67,063
59,368
780,323
826,419
8
Secured creditors

Within creditors there are secured loans by way of a fixed and floating charge over the assets of the company. At the balance sheet date this amount was £429,212 (2024: £462,911). Additionally, during the year, the company secured a mortgage to faciliate the purchase of a property. At the balance sheet date the amount due on the mortgage was £752,939.

Hire purchase creditors of £121,985 (2024: £97,821) are secured against the assets to which they relate.

WESSEX COUNTRY GAMMON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 12 -
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
751
759
751
759

During the year the company repurchased 8 £1 Ordinary shares for a total consideration of £3,693.

10
Related party transactions

The company has taken advantage of the exemption available in Section 33.1A of FRS 102 whereby it has not disclosed transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group.

2025-06-30 2024-07-01 false false false CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr R D Isaacs 04113097 2024-07-01 2025-06-30 04113097 bus:Director1 2024-07-01 2025-06-30 04113097 bus:RegisteredOffice 2024-07-01 2025-06-30 04113097 2025-06-30 04113097 2024-06-30 04113097 core:Goodwill 2025-06-30 04113097 core:ComputerSoftware 2025-06-30 04113097 core:Goodwill 2024-06-30 04113097 core:ComputerSoftware 2024-06-30 04113097 core:LeaseholdImprovements 2025-06-30 04113097 core:PlantMachinery 2025-06-30 04113097 core:FurnitureFittings 2025-06-30 04113097 core:ComputerEquipment 2025-06-30 04113097 core:MotorVehicles 2025-06-30 04113097 core:LandBuildings 2024-06-30 04113097 core:LeaseholdImprovements 2024-06-30 04113097 core:PlantMachinery 2024-06-30 04113097 core:FurnitureFittings 2024-06-30 04113097 core:ComputerEquipment 2024-06-30 04113097 core:MotorVehicles 2024-06-30 04113097 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 04113097 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 04113097 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 04113097 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 04113097 core:CurrentFinancialInstruments 2025-06-30 04113097 core:CurrentFinancialInstruments 2024-06-30 04113097 core:Non-currentFinancialInstruments 2025-06-30 04113097 core:Non-currentFinancialInstruments 2024-06-30 04113097 core:ShareCapital 2025-06-30 04113097 core:ShareCapital 2024-06-30 04113097 core:CapitalRedemptionReserve 2025-06-30 04113097 core:CapitalRedemptionReserve 2024-06-30 04113097 core:RetainedEarningsAccumulatedLosses 2025-06-30 04113097 core:RetainedEarningsAccumulatedLosses 2024-06-30 04113097 core:ShareCapitalOrdinaryShareClass1 2025-06-30 04113097 core:ShareCapitalOrdinaryShareClass1 2024-06-30 04113097 core:Goodwill 2024-07-01 2025-06-30 04113097 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 04113097 core:ComputerSoftware 2024-07-01 2025-06-30 04113097 core:LandBuildings core:LongLeaseholdAssets 2024-07-01 2025-06-30 04113097 core:LeaseholdImprovements 2024-07-01 2025-06-30 04113097 core:PlantMachinery 2024-07-01 2025-06-30 04113097 core:FurnitureFittings 2024-07-01 2025-06-30 04113097 core:ComputerEquipment 2024-07-01 2025-06-30 04113097 core:MotorVehicles 2024-07-01 2025-06-30 04113097 2023-07-01 2024-06-30 04113097 core:Goodwill 2024-06-30 04113097 core:ComputerSoftware 2024-06-30 04113097 2024-06-30 04113097 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-06-30 04113097 core:LeaseholdImprovements 2024-06-30 04113097 core:PlantMachinery 2024-06-30 04113097 core:FurnitureFittings 2024-06-30 04113097 core:ComputerEquipment 2024-06-30 04113097 core:MotorVehicles 2024-06-30 04113097 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-06-30 04113097 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 04113097 core:AfterOneYear 2025-06-30 04113097 core:AfterOneYear 2024-06-30 04113097 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 04113097 bus:OrdinaryShareClass1 2025-06-30 04113097 bus:OrdinaryShareClass1 2024-06-30 04113097 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 04113097 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 04113097 bus:FRS102 2024-07-01 2025-06-30 04113097 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 04113097 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP