REGISTERED NUMBER: 07925923

Financial Statements for the Year Ended 31 March 2025

for

Western Commodities Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A Stoker

REGISTERED OFFICE:

Units 3 & 4 South View Estate

Willand

Cullompton

Devon

EX15 2QW

REGISTERED NUMBER:

07925923

ACCOUNTANTS:

Plunkett Yates Limited

1 Charlotte Mews

Pavilion Place

Exeter

Devon

EX2 4HA

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

4,465,112

4,246,960

4,465,112

4,246,960

CURRENT ASSETS

Debtors

6

27,642

9,511

Cash at bank

71,521

25,444

99,163

34,955

CREDITORS

Amounts falling due within one year

7

1,020,351

572,176

NET CURRENT LIABILITIES

(921,188

)

(537,221

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,543,924

3,709,739

CREDITORS

Amounts falling due after more than one year

8

(1,959,037

)

(2,102,839

)

PROVISIONS FOR LIABILITIES

(291,074

)

(309,911

)

NET ASSETS

1,293,813

1,296,989

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

1,125,504

1,137,404

Retained earnings

168,209

159,485

SHAREHOLDERS' FUNDS

1,293,813

1,296,989

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 director acknowledges his 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 director and authorised for issue on 17 December 2025 and were signed by:

R A Stoker - Director

1.	STATUTORY INFORMATION

Western Commodities Holdings Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

2,500

DEPRECIATION

At 1 April 2024

and 31 March 2025

2,500

NET BOOK VALUE

At 31 March 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

4,246,960

Additions

234,018

Revaluations

(15,866

)

At 31 March 2025

4,465,112

NET BOOK VALUE

At 31 March 2025

4,465,112

At 31 March 2024

4,246,960

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

218,152

Valuation in 2024

4,246,960

4,465,112

If the investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

3,033,663

2,799,644

Aggregate depreciation

(533,083

)

(472,410

)

Investment property was valued on an open market basis on 31 March 2025 by Mr R Stoker (Director) .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

27,642

9,511

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

149,374

156,544

Trade creditors

213,509

1,501

Taxation and social security

96

12,810

Other creditors

657,372

401,321

1,020,351

572,176

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,959,037

2,102,839

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,429,228

1,565,579

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

2,108,411

2,259,383

The bank loan is secured by a fixed charge on the freehold property.

10.

RESERVES

Fair

value

reserve

£

At 1 April 2024

1,137,404

Reserve transfer

(11,900

)

At 31 March 2025

1,125,504

11.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £533,138 (2024: £398,321) due from a company under common control of the director.The loan is interest free and payable on demand.