Wells Barn Limited 04532237 true 2025-04-01 2026-03-31 2026-03-31 The principal activity of the company is the company has not traded during the year Digita Accounts Production Advanced 6.30.9574.0 true N R Peasgood P V Peasgood 04532237 2025-04-01 2026-03-31 04532237 2026-03-31 04532237 bus:OrdinaryShareClass1 2026-03-31 04532237 core:ShareCapital 2026-03-31 04532237 core:LandBuildings 2026-03-31 04532237 bus:FRS102 2025-04-01 2026-03-31 04532237 bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 04532237 bus:FullAccounts 2025-04-01 2026-03-31 04532237 bus:RegisteredOffice 2025-04-01 2026-03-31 04532237 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 04532237 bus:Director2 2025-04-01 2026-03-31 04532237 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 04532237 bus:EntityHasNeverTraded 2025-04-01 2026-03-31 04532237 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 04532237 core:LandBuildings 2025-04-01 2026-03-31 04532237 countries:England 2025-04-01 2026-03-31 04532237 2025-03-31 04532237 core:LandBuildings 2025-03-31 04532237 2025-03-31 04532237 bus:OrdinaryShareClass1 2025-03-31 04532237 core:ShareCapital 2025-03-31 04532237 core:LandBuildings 2025-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04532237

Wells Barn Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2026

Wells Barn Limited

Profit and Loss Account for the Year Ended 31 March 2026

The Company has not traded during the year. During this year, the Company received no income and incurred no expenditure and therefore made neither profit nor loss.

Wells Barn Limited

(Registration number: 04532237)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 3 | 1 | 1
Current assets |  |  |
Cash at bank and in hand |  | 1 | 1
Net assets |  | 2 | 2
Capital and reserves |  |  |
Called up share capital | 5 | 2 | 2
Shareholders' funds |  | 2 | 2

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 1 April 2026 and signed on its behalf by:

......................................... N R Peasgood Company secretary and director
......................................... P V Peasgood Director

Wells Barn Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital incorporated in England and the company registration number is 04532237.

The address of its registered office is:
Wells Farm
Wells Road
Grimsby
N E Lincolnshire
DN41 7QH

These financial statements were authorised for issue by the Board on 1 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold land and buildings | No depreciation has been provided

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Wells Barn Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 April 2025 | 1 | 1
At 31 March 2026 | 1 | 1
Depreciation
Carrying amount
At 31 March 2026 | 1 | 1
At 31 March 2025 | 1 | 1

Included within the net book value of land and buildings above is £1 (2025 - £1) in respect of freehold land and buildings.

4 | Cash and cash equivalents

| 2026 £ | 2025 £
Cash on hand | 1 | 1

5 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2