Silverfin false false 30/06/2025 01/07/2024 30/06/2025 A B Cramant 01/03/2003 B T Cramant 01/03/2003 D O Cramant 01/09/2004 T S Cramant 13 October 2025 The principal activity of the company continued to be that of the development and leasing of a commercial property. 01827284 2025-06-30 01827284 bus:Director1 2025-06-30 01827284 bus:Director2 2025-06-30 01827284 bus:Director3 2025-06-30 01827284 2024-06-30 01827284 core:CurrentFinancialInstruments 2025-06-30 01827284 core:CurrentFinancialInstruments 2024-06-30 01827284 core:Non-currentFinancialInstruments 2025-06-30 01827284 core:Non-currentFinancialInstruments 2024-06-30 01827284 core:ShareCapital 2025-06-30 01827284 core:ShareCapital 2024-06-30 01827284 core:RetainedEarningsAccumulatedLosses 2025-06-30 01827284 core:RetainedEarningsAccumulatedLosses 2024-06-30 01827284 core:InvestmentPropertyIncludedWithinPPE 2024-06-30 01827284 core:InvestmentPropertyIncludedWithinPPE 2025-06-30 01827284 2024-07-01 2025-06-30 01827284 bus:FilletedAccounts 2024-07-01 2025-06-30 01827284 bus:SmallEntities 2024-07-01 2025-06-30 01827284 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 01827284 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 01827284 bus:Director1 2024-07-01 2025-06-30 01827284 bus:Director2 2024-07-01 2025-06-30 01827284 bus:Director3 2024-07-01 2025-06-30 01827284 bus:Director4 2024-07-01 2025-06-30 01827284 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Company No: 01827284 (England and Wales)

# WORSLEY COURT LIMITED

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

WORSLEY COURT LIMITED

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

WORSLEY COURT LIMITED

## BALANCE SHEET

As at 30 June 2025
WORSLEY COURT LIMITED

## BALANCE SHEET (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 1,250,000 |  | 1,250,000
|  | 1,250,000 |  | 1,250,000
Current assets |  |  |  |
Debtors | 5 | 255,875 |  | 282,458
Cash at bank and in hand |  | 257,310 |  | 219,048
|  | 513,185 |  | 501,506
Creditors: amounts falling due within one year | 6 | ( 50,769) |  | ( 50,167)
Net current assets |  | 462,416 |  | 451,339
Total assets less current liabilities |  | 1,712,416 |  | 1,701,339
Creditors: amounts falling due after more than one year |  | ( 135,135) |  | ( 135,135)
Net assets |  | 1,577,281 |  | 1,566,204
Capital and reserves |  |  |  |
Called-up share capital |  | 50,000 |  | 50,000
Profit and loss account |  | 1,527,281 |  | 1,516,204
Total shareholders' funds |  | 1,577,281 |  | 1,566,204

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 Worsley Court Limited (registered number: 01827284) were approved and authorised for issue by the Board of Directors on 13 October 2025. They were signed on its behalf by:

T S Cramant Director |

WORSLEY COURT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
WORSLEY COURT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 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

Worsley Court 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 78 Chorley New Road, Bolton, BL1 4BY, 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 £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### 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.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### 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:

Investment property | not depreciated

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### 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, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Fair value hedges
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in the Profit and Loss Account immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk. The change in the fair value of the hedging instrument and the change in the hedged item attributable to the hedged risk are recognised in the line related to the hedged item in the Profit and Loss Account.
Hedge accounting is discontinued when the Company revokes the hedging relationship, the hedging instrument expires or is sold, terminated, or exercised, or no longer qualifies for hedge accounting. The fair value adjustment to the carrying amount of the hedged item arising from the hedged risk is amortised to the Profit and Loss Account from that date.

#### 2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

#### 3. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 4 |  | 4

#### 4. Tangible assets

| Investment property |  | Total
| £ |  | £
Cost |  |  |
At 01 July 2024 | 1,250,000 |  | 1,250,000
At 30 June 2025 | 1,250,000 |  | 1,250,000
Accumulated depreciation |  |  |
At 01 July 2024 | 0 |  | 0
At 30 June 2025 | 0 |  | 0
Net book value |  |  |
At 30 June 2025 | 1,250,000 |  | 1,250,000
At 30 June 2024 | 1,250,000 |  | 1,250,000

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 10,347 |  | 8,039
Amounts owed by Group undertakings | 244,878 |  | 272,803
Other debtors | 650 |  | 1,616
| 255,875 |  | 282,458

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 855 |  | 923
Taxation and social security | 2,718 |  | 3,336
Other creditors | 47,196 |  | 45,908
| 50,769 |  | 50,167

#### 7. Ultimate controlling party

Parent Company:

Dale Industrial Complex Limited