Company Registration No. 04364370 (England and Wales)
Wroxton Limited
Unaudited accounts
for the period from 1 April 2024 to 30 March 2025
Wroxton Limited
Unaudited accounts
Contents
Wroxton Limited
Company Information
for the period from 1 April 2024 to 30 March 2025
Directors
Christine McDonagh
Kieran McDonagh
Mitchell McDonagh
Company Number
04364370 (England and Wales)
Registered Office
Unit 16
Redfields Industrial Park
Fleet
GU52 0RD
United Kingdom
Accountants
James Norman Business Advisory Limited
7 High Street
Windsor
SL4 1LD
Wroxton Limited
Statement of financial position
as at 30 March 2025
Tangible assets
395,149
417,959
Debtors
1,327,731
1,415,822
Cash at bank and in hand
116,224
82,691
Creditors: amounts falling due within one year
(881,846)
(975,451)
Net current assets
582,109
543,062
Total assets less current liabilities
1,024,864
1,008,627
Creditors: amounts falling due after more than one year
(146,408)
(183,702)
Provisions for liabilities
Deferred tax
(98,787)
(104,490)
Net assets
779,669
720,435
Called up share capital
1,020
1,020
Profit and loss account
778,649
719,415
Shareholders' funds
779,669
720,435
For the period ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by
Mitchell McDonagh
Director
Company Registration No. 04364370
Wroxton Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
Wroxton Limited is a private company, limited by shares, registered in England and Wales, registration number 04364370. The registered office is Unit 16, Redfields Industrial Park , Fleet, GU52 0RD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Wroxton Limited is both a parent and a subsidiary and the group qualifies as a small group.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation provided
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Investments in subsidiary undertakings are recognised at cost.
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
Wroxton Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
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.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
163,838
217,338
663,991
1,045,167
Additions
-
-
50,926
50,926
At 30 March 2025
163,838
217,338
714,917
1,096,093
At 1 April 2024
-
145,617
481,591
627,208
Charge for the period
-
14,344
59,392
73,736
At 30 March 2025
-
159,961
540,983
700,944
At 30 March 2025
163,838
57,377
173,934
395,149
At 31 March 2024
163,838
71,721
182,400
417,959
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
31,715
39,644
- Motor vehicles
136,356
146,382
5
Investments
Subsidiary undertakings
Valuation at 1 April 2024
47,606
Valuation at 30 March 2025
47,606
Wroxton Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
Amounts falling due within one year
Trade debtors
41,731
34,017
Amounts due from group undertakings etc.
943,519
994,022
Accrued income and prepayments
272,918
326,239
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,200
4,200
Obligations under finance leases and hire purchase contracts
73,808
64,185
Trade creditors
268,947
288,475
Amounts owed to group undertakings and other participating interests
241,662
241,662
Taxes and social security
60,874
97,196
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
69,602
102,382
Aggregate of amounts that fall due for payment after five years
-
60,593
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
10 B shares of £1 each
10
10
10 C shares of £1 each
10
10
10
Operating lease commitments
2025
2024
At 30 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
73,808
64,185
Later than one year and not later than five years
69,602
102,382
Wroxton Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
11
Transactions with related parties
Included in debtors is £82,736 (2024- £82,736) owed from Vision Brickwork Services Limited. The company is partly owned by the directors.
Included in debtors is £860,783 (2024 - £911,286) owed from Wroxton Group Holdings Limited. The company is owned and controlled by the directors.
Included in creditors is £241,662 (2024 - £241,662) owed to Woodcraft Timber Buildings Limited. This company is owned by Wroxton Limited and is its subsidiary.
During the year £144,250 (2024 - nil) was paid to Wroxton Group Holdings Limited for management fees.
Wroxton Group Holdings Limited is the parent company. The registered office address is Unit 16 Redfields Industrial Park, Fleet, Hampshire, United Kingdom, GU52 0RD.
13
Average number of employees
During the period the average number of employees was 6 (2024: 10).