REGISTERED NUMBER: 10756047 (England and Wales)

WOW COTTAGES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H J Whitby

D C Whitby

REGISTERED OFFICE:

Ryecroft

Hazelbury Hill

Box

Corsham

Wiltshire

SN13 8LB

REGISTERED NUMBER:

10756047 (England and Wales)

ACCOUNTANT:

Clear Vision Accountancy Limited

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

FIXED ASSETS

Tangible assets

4

623,741

639,742

CURRENT ASSETS

Debtors

5

710

482

Cash at bank

73,685

91,173

74,395

91,655

CREDITORS

Amounts falling due within one year

6

339,409

380,471

NET CURRENT LIABILITIES

(265,014

)

(288,816

)

TOTAL ASSETS LESS CURRENT LIABILITIES

358,727

350,926

CREDITORS

Amounts falling due after more than one year

7

(198,460

)

(216,145

)

PROVISIONS FOR LIABILITIES

(2,322

)

(2,853

)

NET ASSETS

157,945

131,928

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

157,944

131,927

157,945

131,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 5 January 2026 and were signed on its behalf by:

Mrs H J Whitby - Director

D C Whitby - Director

1.	STATUTORY INFORMATION

WOW Cottages 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.

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.

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on cost

The property is recognised at cost. An impairment review would be undertaken where there is clear indication of impairment. The residual value of the property is reassessed at the end of the accounting period, and any adjustment is included in the depreciation estimate. The depreciation charge itself is deemed to be immaterial as a result.

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.

Hire purchase and leasing commitments

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

Going concern

The directors have assessed whether the company is a going concern and have considered all available information about the future and are confident of the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 August 2024

549,009

219,769

14,853

Additions

-

9,660

1,498

Disposals

-

-

(2,135

)

At 31 July 2025

549,009

229,429

14,216

DEPRECIATION

At 1 August 2024

-

144,053

5,790

Charge for year

-

22,862

4,093

Eliminated on disposal

-

-

(1,332

)

At 31 July 2025

-

166,915

8,551

NET BOOK VALUE

At 31 July 2025

549,009

62,514

5,665

At 31 July 2024

549,009

75,716

9,063

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2024

45,521

1,778

830,930

Additions

1,298

170

12,626

Disposals

(3,791

)

(1,341

)

(7,267

)

At 31 July 2025

43,028

607

836,289

DEPRECIATION

At 1 August 2024

40,396

949

191,188

Charge for year

-

158

27,113

Eliminated on disposal

(3,592

)

(829

)

(5,753

)

At 31 July 2025

36,804

278

212,548

NET BOOK VALUE

At 31 July 2025

6,224

329

623,741

At 31 July 2024

5,125

829

639,742

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Other debtors

710

482

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Bank loans and overdrafts

16,917

16,148

Trade creditors

3,927

3,614

Taxation and social security

15,619

13,040

Other creditors

302,946

347,669

339,409

380,471

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/7/25

31/7/24

£

£

Bank loans

198,460

216,145

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

163,888

175,076

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The Directors loan account is included in creditors. The balance owed to the directors at the year end was £301,302 (2024 - £346,108). The above loan is unsecured and there are no fixed repayment terms, interest is only in accordance with HRMC beneficial loan arrangements