REGISTERED NUMBER: 07323044 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Worrall Road Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D K Smithies

Miss C E Watts

REGISTERED OFFICE:

Mill Farm Station Road

Flax Bourton

Bristol

BS48 1NG

REGISTERED NUMBER:

07323044 (England and Wales)

ACCOUNTANTS:

Peter Mossman Consultants Limited

87 High Street

Hanham

Bristol

BS15 3QG

FIXED ASSETS

Tangible assets

4

3,151,465

2,499,717

CURRENT ASSETS

Debtors

5

155,907

176,698

Cash at bank

44,385

96,673

200,292

273,371

CREDITORS

Amounts falling due within one year

6

867,559

550,007

NET CURRENT LIABILITIES

(667,267

)

(276,636

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,484,198

2,223,081

CREDITORS

Amounts falling due after more than one year

7

(1,058,000

)

(708,000

)

PROVISIONS FOR LIABILITIES

(238,660

)

(165,807

)

NET ASSETS

1,187,538

1,349,274

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,186,538

1,348,274

1,187,538

1,349,274

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

Mr D K Smithies - Director

1.	STATUTORY INFORMATION

Worrall Road Estates 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.

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

2,731,172

14,972

2,746,144

Additions

720,315

1,115

721,430

At 31 March 2025

3,451,487

16,087

3,467,574

DEPRECIATION

At 1 April 2024

232,954

13,473

246,427

Charge for year

69,029

653

69,682

At 31 March 2025

301,983

14,126

316,109

NET BOOK VALUE

At 31 March 2025

3,149,504

1,961

3,151,465

At 31 March 2024

2,498,218

1,499

2,499,717

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2022

249,940

-

249,940

Valuation in 2023

870,000

-

870,000

Cost

2,331,547

16,087

2,347,634

3,451,487

16,087

3,467,574

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

65,682

66,888

Other debtors

90,225

109,810

155,907

176,698

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

14,662

22,080

Amounts owed to participating interests

641,384

385,369

Taxation and social security

30,553

11,378

Other creditors

180,960

131,180

867,559

550,007

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,058,000

708,000

8.	RELATED PARTY DISCLOSURES

DK Smithies and CE Watts are also directors of the company listed below. The amounts owing to these companies are as follows:

Construction & Real Estate Ltd £641,383 (2024 - £385,369)

During the year one property was transferred from Construction & Real Estate Ltd to Worrall Road Estates Ltd at a total cost of £262,487. Both directors are also office holders of that company.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D K Smithies.