Wheatcroft Land Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02451400 (England and Wales)

Financial Statements

for the Year Ended 30 September 2025

for

Wheatcroft Land Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C L Haward

C C Haward

REGISTERED OFFICE:

The Orchard House

Tugby Orchards

Wood Lane

Tugby

Leicestershire

LE7 9WE

REGISTERED NUMBER:

02451400 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

1,510

2,543

Investments

5

500

700

Investment property

6

4,180,000

4,182,010

4,183,243

CURRENT ASSETS

Debtors

7

6,193,549

5,872,237

Cash at bank and in hand

102,949

223,080

6,296,498

6,095,317

CREDITORS

Amounts falling due within one year

8

282,793

377,978

NET CURRENT ASSETS

6,013,705

5,717,339

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,195,715

9,900,582

CREDITORS

Amounts falling due after more than one
year

9

(579,185

)

(261,877

)

PROVISIONS FOR LIABILITIES

11

(651,055

)

(651,055

)

NET ASSETS

8,965,475

8,987,650

CAPITAL AND RESERVES

Called up share capital

233,744

Fair value reserve

12

2,630,713

Capital redemption reserve

12

116,356

Retained earnings

12

5,984,662

6,006,837

SHAREHOLDERS' FUNDS

8,965,475

8,987,650

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2026 and were signed on its behalf by:

Mrs C L Haward - Director

1.	STATUTORY INFORMATION

Wheatcroft Land 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents sales of property and rental income receivable, excluding value added tax. Rentals from operating leases are credited to revenue over the period to which they relate.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss and transferred to a fair value reserve.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

Investments

Unlisted investments are stated at cost less any permanent diminution in value.

Group accounts

In accordance with the exemptions given by the Companies Act 2006, the company has not produced group financial statements because it heads a small group.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 October 2024

and 30 September 2025

43,815

13,470

57,285

DEPRECIATION

At 1 October 2024

42,038

12,704

54,742

Charge for year

267

766

1,033

At 30 September 2025

42,305

13,470

55,775

NET BOOK VALUE

At 30 September 2025

1,510

-

1,510

At 30 September 2024

1,777

766

2,543

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2024

700

Disposals

(200

)

At 30 September 2025

500

NET BOOK VALUE

At 30 September 2025

500

At 30 September 2024

700

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

4,180,000

NET BOOK VALUE

At 30 September 2025

4,180,000

At 30 September 2024

4,180,000

Fair value at 30 September 2025 is represented by:

£

Valuation in 2025

4,180,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

898,233

Aggregate depreciation

(556,907

)

(538,942

)

Investment properties were valued on a fair value basis on 30 September 2025 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

23,004

10,877

Amounts owed by group undertakings

6,127,420

5,810,544

Other debtors

33,983

24,442

Tax

455

Prepayments

8,687

25,919

6,193,549

5,872,237

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

7,500

17,500

Pension fund loan account

126,430

248,111

Trade creditors

73,245

33,355

Amounts owed to group undertakings

100

6,544

Tax

22,414

6,801

Other creditors

-

779

Accruals and deferred income

53,104

64,888

282,793

377,978

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Pension fund loan account

579,185

261,877

10.	LEASING AGREEMENTS

The minimum lease payments on non-cancellable operating leases committed to being received are £1,647,555 (2024 - £1,500,000).

The minimum lease payments on non-cancellable operating leases committed to being paid are

£18,395 (2024 - £28,429).

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

651,055

Deferred

tax

£

Balance at 1 October 2024

651,055

Balance at 30 September 2025

651,055

12.

RESERVES

Fair

Capital

Retained

value

redemption

earnings

reserve

Totals

£

At 1 October 2024

6,006,837

2,630,713

116,356

8,753,906

Profit for the year

25,825

Dividends

(48,000

)

(48,000

)

At 30 September 2025

5,984,662

2,630,713

116,356

8,731,731