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REGISTERED NUMBER: 02377093 (England and Wales)

| WARTTON LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

WARTTON LIMITED (REGISTERED NUMBER: 02377093)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

WARTTON LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | R J Waring

| Mrs K Waring

| J R Waring

| SECRETARY: | R J Waring

| REGISTERED OFFICE: | Whitehouse Farm

| Rand

| Lincoln

| Lincolnshire

| LN8 5NJ

| REGISTERED NUMBER: | 02377093 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 4 Henley Way

| Doddington Road

| Lincoln

| Lincolnshire

| LN6 3QR

WARTTON LIMITED (REGISTERED NUMBER: 02377093)

STATEMENT OF FINANCIAL POSITION

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,026,492 |  | 924,547 |  |

Investments | 5 | 150,800 |  | - |  |

Investment property | 6 | 1,390,926 |  | 682,168 |  |

2,568,218 |  | 1,606,715 |  |

CURRENT ASSETS

Stocks | 224,396 |  | 200,910 |  |

Debtors | 7 | 67,564 |  | 272,081 |  |

Investments | 8 | 11 |  | 61 |  |

Cash at bank and in hand | 48,365 |  | 75,700 |  |

340,336 |  | 548,752 |  |

CREDITORS

Amounts falling due within one year | 9 | 864,109 |  | 683,160 |  |

NET CURRENT LIABILITIES | (523,773 | ) | (134,408 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,044,445 |  | 1,472,307 |  |

CREDITORS

Amounts falling due after more than one year | 10 | (1,044,181 | ) | (698,027 | ) |

PROVISIONS FOR LIABILITIES | (195,365 | ) | (190,276 | ) |

NET ASSETS | 804,899 |  | 584,004 |  |

CAPITAL AND RESERVES

Called up share capital | 13 | 100 |  | 100 |  |

Retained earnings | 804,799 |  | 583,904 |  |

SHAREHOLDERS' FUNDS | 804,899 |  | 584,004 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

WARTTON LIMITED (REGISTERED NUMBER: 02377093)

STATEMENT OF FINANCIAL POSITION - continued

31 DECEMBER 2025

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 28 April 2026 and were signed on its behalf by:

R J Waring - Director

WARTTON LIMITED (REGISTERED NUMBER: 02377093)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Wartton 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 presentation currency of the financial statements is the Pound Sterling (£).

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 net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

| Services

| When the outcome of a transaction can be estimated reliably, turnover from ticket sales, day passes and residential trips is recognised by reference to the stage of completion at the statement of financial position date. Stage of completion is measured by reference to the date of visit.

| Sale of goods

| Turnover from the sale of retail items such as food, beverage and gift shop items is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probably that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the date of sale.

| Grant Income

| The company receives government grants in respect of its nursery income. These grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

| Rental Income

| The company received rental income in respect of it's day nursery, which is received in the month in which it applies.

| Tangible fixed assets

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life.

| Plant and machinery etc - 2% on cost, 15% on reducing balance, 10% on reducing balance

| and 20% on reducing balance.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in income statement.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

WARTTON LIMITED (REGISTERED NUMBER: 02377093)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to the income statement over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 124 (2024 - 146 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025 | 2,124,827 |  |

| Additions | 255,796 |  |

| Disposals | (48,826 | ) |

| At 31 December 2025 | 2,331,797 |  |

| DEPRECIATION

| At 1 January 2025 | 1,200,280 |  |

| Charge for year | 132,187 |  |

| Eliminated on disposal | (27,162 | ) |

| At 31 December 2025 | 1,305,305 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,026,492 |  |

| At 31 December 2024 | 924,547 |  |

WARTTON LIMITED (REGISTERED NUMBER: 02377093)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

4. | TANGIBLE FIXED ASSETS - continued

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| Additions | 150,800 |  |

| At 31 December 2025 | 150,800 |  |

| NET BOOK VALUE

| At 31 December 2025 | 150,800 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025 | 682,168 |  |

| Additions | 708,758 |  |

| At 31 December 2025 | 1,390,926 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,390,926 |  |

| At 31 December 2024 | 682,168 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 48,907 |  | 107,250 |  |

| Other debtors | 18,657 |  | 164,831 |  |

67,564 |  | 272,081 |  |

8. | CURRENT ASSET INVESTMENTS

2025 | 2024 |

£ | £ |

| Shares in Rand Farm Day Nursery Limited at cost | - |  | 50 |  |

| Shares in Central Wool Growers

| Limited at cost | 11 |  | 11 |  |

11 |  | 61 |  |

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 155,518 |  | 124,636 |  |

| Hire purchase contracts and finance leases (see note 11) | 24,963 |  | 18,269 |  |

| Trade creditors | 202,993 |  | 223,098 |  |

| Amounts owed to group undertakings | 136,860 |  | - |  |

| Taxation and social security | 115,487 |  | 151,914 |  |

| Other creditors | 228,288 |  | 165,243 |  |

864,109 |  | 683,160 |  |

WARTTON LIMITED (REGISTERED NUMBER: 02377093)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 1,025,028 |  | 677,867 |  |

| Hire purchase contracts and finance leases (see note 11) | 19,153 |  | 20,160 |  |

1,044,181 |  | 698,027 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loan due after 5 years | 288,355 |  | - |  |

11. | LEASING AGREEMENTS

| There are minimum lease payments under non-cancellable operating leases due totalling £480,000 (2024 - £600,000)

12. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 1,180,546 |  | 802,503 |  |

| Hire purchase contracts and finance leases | 44,116 |  | 38,429 |  |

1,224,662 |  | 840,932 |  |

| Bank borrowings are secured by a fixed and floating charge over the properties of the company.

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 45 | Ordinary A | £1 | 45 |  | 45 |  |

| 45 | Ordinary B | £1 | 45 |  | 45 |  |

| 10 | Ordinary C | £1 | 10 |  | 10 |  |

100 |  | 100 |  |

14. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The directors have a directors loan account totalling £92,817 overdrawn (2024: £38,193 overdrawn) brought forward. During the year, the directors borrowed £196,003 (2024: £158,157) from the company, and repaid £324,690 (2024: £103,533). The balance at the end of the year totalled £35,860 in credit (2024: £92,817 overdrawn).