REGISTERED NUMBER: 04362999 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WRENNALLS GROUP LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S W Bradbury

Mrs J M Bradbury

SECRETARY:

Mr S W Bradbury

REGISTERED OFFICE:

Unit 119 Clydesdale Place

Leyland

Lancashire

PR26 7QS

REGISTERED NUMBER:

04362999 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

288,914

299,169

Investments

5

3

3

288,917

299,172

CURRENT ASSETS

Stocks

66,701

77,225

Debtors

121,427

171,580

Cash at bank and in hand

107,505

193,195

295,633

442,000

CREDITORS

Amounts falling due within one year

238,249

322,194

NET CURRENT ASSETS

57,384

119,806

TOTAL ASSETS LESS CURRENT LIABILITIES

346,301

418,978

CREDITORS

Amounts falling due after more than one year

6

(58,817

)

(84,849

)

PROVISIONS FOR LIABILITIES

(34,819

)

(40,319

)

NET ASSETS

252,665

293,810

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

252,565

293,710

252,665

293,810

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement 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:

Mr S W Bradbury - Director

1.	STATUTORY INFORMATION

Wrennalls Group 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.	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.

Preparation of consolidated financial statements

The financial statements contain information about Wrennalls Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

The preparation of the financial statements requires the use of certain judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Changes in accounting estimates may be necessary if there are changes in the circumstances on which the estimate was based or as a result of new information or more experience.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 20% on cost

Freehold buildings are initially stated at cost and subsequently at valuation.

Costs represents purchase price together with any incidental costs of acquisition. Assets that have been revalued are subject to subsequent revaluations performed with sufficient regularity to ensure that the carrying amount does not differ materially from the fair value at the balance sheet date.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

Going concern

The financial statements have been prepared on a going concern basis. An assessment of the impact of the Covid19 pandemic has been made on the viability of the business and the directors have concluded that it does not prevent the Company from being able to continue as a going concern. The directors consider that the company will continue in operational existence for the foreseeable future and furthermore have confirmed that they will continue to give financial support to the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

435,435

Additions

24,016

Disposals

(36,593

)

At 31 March 2025

422,858

DEPRECIATION

At 1 April 2024

136,266

Charge for year

32,959

Eliminated on disposal

(35,281

)

At 31 March 2025

133,944

NET BOOK VALUE

At 31 March 2025

288,914

At 31 March 2024

299,169

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2023

62,036

Cost

360,822

422,858

Land and buildings include £225,000 which was revalued by the directors at the open market value as at 31st March 2023, and this is still considered to be the current value.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

28,470

DEPRECIATION

At 1 April 2024

11,388

Charge for year

5,694

At 31 March 2025

17,082

NET BOOK VALUE

At 31 March 2025

11,388

At 31 March 2024

17,082

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

3

NET BOOK VALUE

At 31 March 2025

3

At 31 March 2024

3

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.3.25

31.3.24

£

£

Repayable by instalments

Bank loans more 5 yr by instal

3,005

15,906

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

77,843

100,636

The hire purchase contracts are secured on the assets to which the finance relates.

The bank loan is secured by a legal charge over the freehold property to which it relates, together with a debenture over all assets of the company.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr S W Bradbury and Mrs J M Bradbury

Balance outstanding at start of year

(37,987

)

(18,805

)

Amounts advanced

44,568

61,223

Amounts repaid

(56,782

)

(80,405

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(50,201

)

(37,987

)

9.	RELATED PARTY DISCLOSURES

Dry Fusion (UK) Limited and Columbus Cleaning Machines Limited are companies wholly owned by Mr S W Bradbury and Mrs J M Bradbury.

At the balance sheet date Wrennalls Group Limited owed Columbus Cleaning Machines Limited NIL (2024 - £1,000).

During the year Wrennalls Group Limited sold goods and services to Dry Fusion (UK) Limited totalling £33,345 (2024 - £28,869). In addition management charges payable to Dry Fusion (UK) Limited amounting to £7,300 have been recognised (2024 - £12,500).

At the balance sheet date there was a net amount owed from Dry Fusion (UK) Ltd of £61,513 (2024 - £1,246).

All transactions were taken on an arms length basis.