Company No: 03255961 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	H J Parente (Appointed 06 November 2025)
	W H M Parente

SECRETARY

I Goodwin

REGISTERED OFFICE	Portland Estate Office Cavendish House
	Welbeck
	Worksop
	S80 3LL
	United Kingdom

COMPANY NUMBER

03255961 (England and Wales)

AUDITOR	Dixon Wilson Audit Services LLP
	Statutory Auditor
	22 Chancery Lane
	London
	WC2A 1LS

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,045,800		1,138,948
		1,045,800		1,138,948
Current assets
Stocks		9,855		8,123
Debtors	4	50,574		45,011
Cash at bank and in hand		28,451		17,219
		88,880		70,353
Creditors: amounts falling due within one year	5	( 1,236,082)		( 1,336,960)
Net current liabilities		(1,147,202)		(1,266,607)
Total assets less current liabilities		(101,402)		(127,659)
Creditors: amounts falling due after more than one year	6	( 36,743)		( 42,947)
Net liabilities		( 138,145)		( 170,606)
Capital and reserves
Called-up share capital		1		1
Profit and loss account		( 138,146 )		( 170,607 )
Total shareholders' deficit		( 138,145)		( 170,606)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Woodhouse Hall Developments Limited (registered number: 03255961) were approved and authorised for issue by the Board of Directors on 19 November 2025. They were signed on its behalf by:

H J Parente Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Woodhouse Hall Developments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Portland Estate Office Cavendish House, Welbeck, Worksop, S80 3LL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The company is dependent upon the financial support of The Welbeck Estates Company Limited, the parent company, to meet its day to day working capital requirements and to provide additional funds to meet liabilities as and when they fall due. The accounts have been prepared on a going concern basis reflecting this continuing support.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of energy generated from biomass boilers. The company recognises turnover when energy and services are provided.

Government grants in respect of heat generated by the boilers are recognised in the period in which the heat was generated as turnover.

Taxation

Current tax
Under an agreement between companies within the group, a company that surrenders tax losses for group relief is entitled to receive compensation from the claimant company equal to the amount of relief in terms of tax saving generated from the loss relief claim. The compensation is recognised in the year to which the loss relief claim relates and is recorded as a tax credit (in the case of the surrendering company) and a tax expense (in the case of the claimant company).

Deferred tax
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but are not reversed by the balance sheet date, except as required by FRS 102, or as stated in the Accounting Policies.

Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery etc.	20 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Leases

The company as lessee
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Government grants

Government grants received in relation to the construction of biomass boilers are transferred to deferred income and the income is recognised in other operating income evenly throughout the useful life of the biomass boiler. The boilers' useful lives are estimated at 20 years from the point at which they are brought into use.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year.	0		0

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 April 2024	452,538		1,677,141		2,129,679
At 31 March 2025	452,538		1,677,141		2,129,679
Accumulated depreciation
At 01 April 2024	104,947		885,784		990,731
Charge for the financial year	9,291		83,857		93,148
At 31 March 2025	114,238		969,641		1,083,879
Net book value
At 31 March 2025	338,300		707,500		1,045,800
At 31 March 2024	347,591		791,357		1,138,948

4. Debtors

	2025		2024
	£		£
Other debtors	50,574		45,011

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	6,816		13,338
Amounts owed to group undertakings	1,088,361		1,195,675
Other creditors	140,905		127,947
	1,236,082		1,336,960

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Deferred income	36,743		42,947

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Accruals and deferred income	11,927		18,131

7. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 112,207)		( 117,390)
(Charged)/credited to the Profit and Loss Account	( 10,883)		5,183
At the end of financial year	( 123,090)		( 112,207)

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	6,585		4,919
between one and five years	26,340		19,676
after five years	237,060		182,003
Total future minimum lease payments under non-cancellable operating leases	269,985		206,598

9. Audit Opinion

The auditor's report on the accounts for the financial year ended 31 March 2025 was unqualified.

The audit report was signed by Gregory Smye-Rumsby on behalf of Dixon Wilson Audit Services LLP.

10. Ultimate controlling party

Parent Company:

The Welbeck Estates Company Limited

Portland Estate Office Cavendish House Welbeck Workshop Nottinghamshire S80 3LL

The consolidated financial statements of The Welbeck Estates Company Limited are available from Companies House.