Company No: 05185187 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	3,942		19,172
Investments	4	1		1
		3,943		19,173
Current assets
Debtors	5	230,957		366,029
Cash at bank and in hand		78,977		119,926
		309,934		485,955
Creditors: amounts falling due within one year	6	( 5,134)		( 9,587)
Net current assets		304,800		476,368
Total assets less current liabilities		308,743		495,541
Net assets		308,743		495,541
Capital and reserves
Called-up share capital	7	15,000		30,000
Share premium account		0		735,000
Profit and loss account		293,743		( 269,459 )
Total shareholders' funds		308,743		495,541

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These 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 Wood Barton Developments Limited (registered number: 05185187) were approved and authorised for issue by the Board of Directors on 16 December 2025. They were signed on its behalf by:

J D Buckle 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

Wood Barton 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 Lower Lixton Barn, Loddiswell, Kingsbridge, TQ7 4EG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include 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 £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities, and is shown net of value added tax and discounts.
The company recognises revenue when it can be reliably measured and it is probable that future economic benefits will flow to the entity.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet 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:

Plant and machinery	5 years straight line
Vehicles	4 years straight line
Office equipment	4 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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Profit and Loss Account. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 July 2024	39,053		32,953		1,124		73,130
Disposals	( 8,200)		0		0		( 8,200)
At 30 June 2025	30,853		32,953		1,124		64,930
Accumulated depreciation
At 01 July 2024	29,138		23,977		843		53,958
Charge for the financial year	5,071		8,238		281		13,590
Disposals	( 6,560)		0		0		( 6,560)
At 30 June 2025	27,649		32,215		1,124		60,988
Net book value
At 30 June 2025	3,204		738		0		3,942
At 30 June 2024	9,915		8,976		281		19,172

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 July 2024	1
At 30 June 2025	1
Carrying value at 30 June 2025	1
Carrying value at 30 June 2024	1

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 30.06.2025	Ownership 30.06.2024
Wood Barton Investments Limited	Lower Lixton Barn, Loddiswell, Kingsbridge, Devon, TQ7 4EG	Dormant company	Ordinary	100.00%	100.00%

5. Debtors

	2025		2024
	£		£
Trade debtors	17,894		17,894
Other debtors	213,063		348,135
	230,957		366,029

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	1,489		5,754
Other creditors	3,645		3,833
	5,134		9,587

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
15,000 Ordinary shares of £ 1.00 each (2024: 30,000 shares of £ 1.00 each)	15,000		30,000

8. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
S & J Buckle	0		0
Opening balances	2,214		30,117
Advances	7,800		3,459
Repayments	(2,760)		(31,362)
Closing balance	7,254		2,214
R & T Howells	0		0
Opening balances	150,000		0
Advances	1,828		150,000
Repayments	(151,828)		0
Closing balance	0		150,000

Loan, repayable on demand, with interest charged at official rate

The company's wholly owned subsidiary, Wood Barton Investments Limited, owns 100 percent of the issued share capital of two Canadian companies, 0827934 BC Limited and 0827935 BC Limited.