REGISTERED NUMBER: 06701699 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

WARDLEY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

M Hollinworth

L Hollinworth

Secretary:

M Hollinworth

Registered office:

Northern Assurance Buildings

9-21 Princess Street

Manchester

M2 4DN

Registered number:

06701699 (England and Wales)

Accountants:

S&W Partners (Manchester) Limited

Accountants

Northern Assurance Buildings

9-21 Princess Street

Manchester

M2 4DN

Fixed assets

Tangible assets

5

27,203

23,993

Current assets

Stocks

17,935

20,813

Debtors

6

51,940

41,206

Cash at bank and in hand

208,540

345,026

278,415

407,045

Creditors

Amounts falling due within one year

7

286,469

373,641

Net current (liabilities)/assets

(8,054

)

33,404

Total assets less current liabilities

19,149

57,397

Creditors

Amounts falling due after more than one year

8

(2,817

)

(13,442

)

Provisions for liabilities

(6,316

)

(5,262

)

Net assets

10,016

38,693

Capital and reserves

Called up share capital

9

100

100

Retained earnings

9,916

38,593

Shareholders' funds

10,016

38,693

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

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

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

L Hollinworth - Director

1.	Statutory information

Wardley Limited 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

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

-

33% straight line

Fixtures, fittings and equipment

-

20% straight line

Property improvements

-

20% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets

Basic financial assets, including trade and other debtors and bank balances are initially recognised at transaction price, 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.

Such assets are subsequently carried at amortised cost using the effective interest method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors 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 receipts discounted at a market rate of interest.

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	Employees and directors

The average number of employees during the year was 56 (2024 - 61 ) .

5.	Tangible fixed assets

Fixtures,

fittings

Computer

and

Motor

Property

equipment

equipment

vehicles

improvements

Totals

£

£

£

£

£

Cost

At 1 April 2024

25,304

187,948

19,000

52,465

284,717

Additions

-

14,632

-

-

14,632

At 31 March 2025

25,304

202,580

19,000

52,465

299,349

Depreciation

At 1 April 2024

24,633

175,313

8,313

52,465

260,724

Charge for year

335

8,416

2,671

-

11,422

At 31 March 2025

24,968

183,729

10,984

52,465

272,146

Net book value

At 31 March 2025

336

18,851

8,016

-

27,203

At 31 March 2024

671

12,635

10,687

-

23,993

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

20,145

25,875

Amounts owed by group undertakings

19,900

4,800

Other debtors

11,895

10,531

51,940

41,206

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

10,250

9,800

Trade creditors

67,901

124,644

Amounts owed to group undertakings

10,000

10,000

Taxation and social security

80,350

127,497

Other creditors

117,968

101,700

286,469

373,641

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

2,817

13,442

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

48

Ordinary

£1

48

48

52

A Ordinary

£1

52

52

100

100

10.	Directors' advances, credits and guarantees

At the year end there were outstanding loans of £2,393 (2024 - £2,393) due from the directors to the company. These loans are interest free and repayable on demand.