REGISTERED NUMBER: 04061269 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

WALNUT FARM DEVELOPMENTS LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

2,284

1,548

CURRENT ASSETS

Stocks

1,020,880

678,615

Debtors

5

89,064

33,045

Cash at bank

11,829

215,332

1,121,773

926,992

CREDITORS

Amounts falling due within one year

6

655,249

415,680

NET CURRENT ASSETS

466,524

511,312

TOTAL ASSETS LESS CURRENT LIABILITIES

468,808

512,860

PROVISIONS FOR LIABILITIES

-

387

NET ASSETS

468,808

512,473

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

468,708

512,373

SHAREHOLDERS' FUNDS

468,808

512,473

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

Mr I R Jessett - Director

1.	STATUTORY INFORMATION

Walnut Farm Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04061269

Registered office:

Walnut Farm Business Centre

Mere Road

Stow Bedon

Attleborough

Norfolk

NR17 1DA

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions between the company and its parent undertaking.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax. Sales are recognised on completion and when the transfer of legal ownership has taken place.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks and work in progress

Work in Progress is valued at the lower of cost and net realisable value, after making due allowance for the obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

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 profit or loss in the period to which they relate.

Remedial works provisions

A provision for remedial works is made at the balance sheet date where in order to fulfil a contract, the company is likely to be required to carry out corrective works to meet the obligations of the contract. When recognising and measuring a provision, the company evaluates its own historical data both before and after the balance sheet date to determine whether an obligation existed at the balance sheet date.

Government grants

Government grants of a revenue nature are credited to the statement of comprehensive income in the same period as the related expenditure.

3.

EMPLOYEES

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

113,478

Additions

2,496

Disposals

(39,325

)

At 31 August 2025

76,649

DEPRECIATION

At 1 September 2024

111,930

Charge for year

1,757

Eliminated on disposal

(39,322

)

At 31 August 2025

74,365

NET BOOK VALUE

At 31 August 2025

2,284

At 31 August 2024

1,548

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

52,239

-

Other debtors

36,825

33,045

89,064

33,045

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,696

29,498

Amounts owed to group undertakings

82,300

82,300

Taxation and social security

2,273

13,869

Other creditors

548,980

290,013

655,249

415,680

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Mr I R Jessett

Balance outstanding at start of year

(281,739

)

(254,113

)

Amounts advanced

60,312

200,420

Amounts repaid

(266,993

)

(228,046

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(488,420

)

(281,739

)

9.	PARENT AND ULTIMATE CONTROLLING PARTY