REGISTERED NUMBER: 00556366 (England and Wales)

WORSWICK INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Crabtree

P M Crabtree

SECRETARY:

P M Crabtree

REGISTERED OFFICE:

Brampton

53 Linden Avenue

Darlington

Co. Durham

DL3 8PS

REGISTERED NUMBER:

00556366 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Investments

4

785,725

779,855

Investment property

5

2,833

2,833

788,558

782,688

CURRENT ASSETS

Debtors

6

2,537

219

Cash at bank

144,302

134,768

146,839

134,987

CREDITORS

Amounts falling due within one year

7

(11,260

)

(10,170

)

NET CURRENT ASSETS

135,579

124,817

TOTAL ASSETS LESS CURRENT LIABILITIES

924,137

907,505

PROVISIONS FOR LIABILITIES

(125,376

)

(125,678

)

NET ASSETS

798,761

781,827

CAPITAL AND RESERVES

Called up share capital

8

5,000

5,000

Non distributable reserve

457,487

458,394

Retained earnings

336,274

318,433

SHAREHOLDERS' FUNDS

798,761

781,827

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 January 2026 and were signed on its behalf by:

P M Crabtree - Director

1.	STATUTORY INFORMATION

Worswick Investments 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A apart from in respect of investment property as detailed below.

Turnover

Turnover relates to income receivable from the company's investments and investment property.

Investment property

Investment property is stated at cost. This is in contravention of the Financial Reporting Standard 102 1A, which states the properties should be carried at fair value. However, in the opinion of the director, the cost of obtaining valuations is not justified.

Investments

Investments are included at fair value. Gains are recognised in the profit and loss statement. Deferred tax is provided on these gains at the rate expected to apply when the asset is sold. Listed investments are valued at the current bid price at the balance sheet date.

Current tax

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

Financial instruments

Basic financial instruments are recognised at amortised cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2024

779,855

Additions

7,080

Revaluations

(1,210

)

At 31 March 2025

785,725

NET BOOK VALUE

At 31 March 2025

785,725

At 31 March 2024

779,855

Cost or valuation at 31 March 2025 is represented by:

Listed

investments

£

Valuation in 2025

785,725

Listed investments are valued at the current bid price at the balance sheet date.

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

2,833

NET BOOK VALUE

At 31 March 2025

2,833

At 31 March 2024

2,833

Investment property is stated at cost.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,537

-

Prepayments and accrued income

-

219

2,537

219

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

2,393

1,466

Directors' current accounts

7,597

7,235

Accruals and deferred income

1,270

1,469

11,260

10,170

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,000

Ordinary

£1

5,000

5,000