REGISTERED NUMBER: 04302176 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

WOODBOURNE HOMES LTD

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

5

4,350

4,350

Tangible assets

6

6,003

7,529

10,353

11,879

CURRENT ASSETS

Stocks

7

4,149,314

4,747,106

Debtors

8

1,552,605

6,600,755

Cash at bank and in hand

617,905

335,878

6,319,824

11,683,739

CREDITORS

Amounts falling due within one year

9

378,504

1,924,446

NET CURRENT ASSETS

5,941,320

9,759,293

TOTAL ASSETS LESS CURRENT LIABILITIES

5,951,673

9,771,172

CREDITORS

Amounts falling due after more than one year

10

(2,761,560

)

(3,020,341

)

PROVISIONS FOR LIABILITIES

(61

)

(127

)

NET ASSETS

3,190,052

6,750,704

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,189,952

6,750,604

SHAREHOLDERS' FUNDS

3,190,052

6,750,704

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 16 February 2026 and were signed on its behalf by:

Tanvier Singh Dulay - Director

1.	STATUTORY INFORMATION

Woodbourne Homes Ltd 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:

04302176

Registered office:

Woodbourne House

10 Harborne Road

Edgbaston

Birmingham

West Midlands

B15 3AA

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, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	AUDITORS' REMUNERATION

2025

2024

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

3,840

3,840

5.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 September 2024

and 31 August 2025

4,350

NET BOOK VALUE

At 31 August 2025

4,350

At 31 August 2024

4,350

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

5,404

20,168

27,217

52,789

DEPRECIATION

At 1 September 2024

4,458

16,614

24,188

45,260

Charge for year

236

533

757

1,526

At 31 August 2025

4,694

17,147

24,945

46,786

NET BOOK VALUE

At 31 August 2025

710

3,021

2,272

6,003

At 31 August 2024

946

3,554

3,029

7,529

7.

STOCKS

2025

2024

£

£

Stocks

4,149,314

4,746,706

Woodbourne Group (GSC) Ltd

-

400

4,149,314

4,747,106

8.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

115,668

76,658

Woodbourne Group (Abbey Road)

-

47,618

Global Wines (UK) Ltd

7,255

7,255

Netw4rk Ltd

-

2,603

Woodbourne Ventures (SC) Ltd

-

200,000

Woodbourne Group (Saxon Way)

-

747,647

Woodbourne Group (Barlestone)

-

292,800

Investments

744,772

1,099,300

TG&T Loans

51,211

540,183

Full Moon UK ltd. Project

-

982,937

Woodbourne Developments Ltd

-

91,000

Apex House 6 Ltd

-

669,650

Any house wanted ltd.

-

26,050

Directors' current accounts

323,580

70,576

Woodbourne Group (Mill Street)

-

1,635,295

Algar Grange Management

18,543

18,445

Prepayments

1,202

1,208

Other debtors

197,844

-

S455 TAX

16,530

16,530

1,476,605

6,525,755

2025

2024

£

£

Amounts falling due after more than one year:

MINK CLOUD LTD

76,000

75,000

Aggregate amounts

1,552,605

6,600,755

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

229,609

229,610

Trade creditors

27,601

12,758

Woodbourne Group PLC

53,094

1,493,389

Corporation tax

(40,313

)

51,841

Social security and other taxes

482

504

Rent Received in Advance

17,503

17,645

Rent Deposits from tenants

32,096

30,267

Let & Manage Ltd

16,130

16,130

Woodbourne Group (Dudley) Ltd

-

60,162

Any House Sold Ltd

30,162

-

Accrued expenses

12,140

12,140

378,504

1,924,446

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

459,216

459,216

Bank loans - 2-5 years

688,823

688,823

Bank loans more 5 yr by instal

1,148,039

1,148,039

Bank loans more 5 yrs non-inst

465,482

724,263

2,761,560

3,020,341

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

465,482

724,263

Repayable by instalments

Bank loans more 5 yr by instal

1,148,039

1,148,039

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

1

2

Bank loans

2,991,168

3,249,949

2,991,169

3,249,951

The loans and bank overdraft are secured by a fixed and floating charge and a first legal charge on freehold properties held by the company.

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Kulwinder Singh Chawla (Senior Statutory Auditor)

for and on behalf of Brindleys Limited

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Hardip Singh Dulay and Ravinder Kaur Dulay

Balance outstanding at start of year

70,576

(40

)

Amounts advanced

255,608

71,083

Amounts repaid

(2,604

)

(467

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

323,580

70,576

Dividend for the year is £3,625,609 (£100,000 in 2024)

14.	RELATED PARTY DISCLOSURES

The following current assets are due from related companies with no terms are attached to the transactions

Woodbourne Group (GSC) Ltd = Nil (£400 in 2024)

Woodbourne Group (Abbey Road) Ltd = Nil (£ 47,618 in 2024)

Global Wines (UK) Ltd = £ 7,255 (£7,255 in 2024)

Woodbourne Ventures (SC) Ltd = Nil (£200,000 on 2024)

Netw4k Ltd = Nil (£2,603in 2024)

Woodbourne Group (Mill Street) Ltd = Nil (£1,635,295 in 2024)

Woodbourne group(Saxon Way) Ltd = Nil (£747,647 in 2024)

Apex House 6 Ltd = Nil (£669,650 in 2024)

Any house wanted ltd. = Nil (£26,050 in 2024)

Woodbourne Group (Barlestone) Ltd = Nil (£292,800 in 2024)

Full Moon UK ltd = Nil (£982,937 in 2024)

Woodbourne Developments Ltd = Nil(£91,000 in 2024)

Mink Cloud Capital Ltd = £76,000 (75,000 in 2024)

Algar Grange Management = £18,543 (£18,445 in 2024)

The following current liabilities are due to related companies with no terms attached to the transactions

Woodbourne Group PLC = £53,094 (£1,493,389 in 2024)

Let and Manage Ltd. = £ 16,130 (£ 16,130 in 2024)

Woodbourne Group (Dudley) Ltd Nil (£60,162 in 2024)

Any House Sold Ltd = £30,162(Nil in 2024)