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Registration number: 08797941

WML (Taunton) Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

WML (Taunton) Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

WML (Taunton) Limited

(Registration number: 08797941)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 3 | 402,861 | 402,861
Current assets |  |  |
Debtors | 4 | 90 | 90
Creditors: Amounts falling due within one year | 5 | (116,341) | (112,849)
Net current liabilities |  | (116,251) | (112,759)
Net assets |  | 286,610 | 290,102
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Capital redemption reserve |  | 200,002 | 200,002
Retained earnings |  | 86,508 | 90,000
Shareholders' funds |  | 286,610 | 290,102

For the financial year ending 31 December 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 April 2026 and signed on its behalf by:

Mr A J Fewings Director |  |

WML (Taunton) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Milsted Langdon Llp
Winchester House
Deane Gate Avenue
Taunton
TA1 2UH

These financial statements were authorised for issue by the Board on 27 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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis.

WML (Taunton) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Key sources of estimation uncertainty

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 402,861 | 402,861

Subsidiaries | £
Cost or valuation
At 1 January 2025 | 402,861
Carrying amount
At 31 December 2025 | 402,861
At 31 December 2024 | 402,861

WML (Taunton) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Debtors

| Note | 2025 £ | 2024 £
Amounts owed by related parties | 6 | 90 | 90
|  | 90 | 90

5 | Creditors

Due within one year | 2025 £ | 2024 £
Amounts due to related parties | 115,241 | 112,849
Accruals | 1,100 | -
| 116,341 | 112,849

6 | Related party transactions

Key management personnel

During the year, the company continued to provide a loan to a director. This loan was interest free and repayable on demand.

Transactions with directors

2025 | At 1 January 2025 £ | At 31 December 2025 £
Transactions during the year | 90 | 90

2024 | At 1 January 2024 £ | At 31 December 2024 £
Transactions during the year | 90 | 90