Wandahome (Knottingley) Limited Company accounts

COMPANY REGISTRATION NUMBER: 00641608

Wandahome (Knottingley) Limited

Financial Statements

31 October 2025

Wandahome (Knottingley) Limited

Financial Statements

Year Ended 31 October 2025

Contents	Pages

Strategic report	1 to 2

Directors' report	3 to 4

Independent auditor's report to the members	5 to 9

Statement of comprehensive income	10

Statement of financial position	11

Statement of changes in equity	12

Statement of cash flows	13

Notes to the financial statements	14 to 21

Wandahome (Knottingley) Limited

Strategic Report

Year Ended 31 October 2025

The directors have pleasure in presenting their strategic report for the year ended 31st October 2025. Review of the business The directors aim to present a balanced and comprehensive review of the development and performance of the business during the year and the company's position at the year end. The review is consistent with the size and non-complex nature of the business and is compiled in the context of the risk and uncertainties faced. Wandahome (Knottingley) Limited was established in 1959 by three brothers, Reginald, Derek and Gerald Burnley, and remains a family business. The business history and growth over the last 66 years has instilled these attributes, creating a welcoming and loyal workforce and customer base. The primary turnover of the business is the sale of both new and used caravans, with support of other revenue streams, including awnings, accessories and after sales completing retail, warranty and insurance repairs.

Principal risks and uncertainties

The directors consider the risks to the business both during the monthly management meetings and also during informal regular meetings where various aspects of the business are discussed. The principal risks and uncertainties are considered to be as follows:-

Price risk

The company uses a range of manufacturers and suppliers for each area of the business to ensure competitive pricing and margins are maintained within the sector.

Currency risk

The company does no business outside the UK, and therefore there is no currency risk to the business operations.

Credit risk

All sales with the exception of manufacturer warranty claims are retail payment on delivery, and therefore the credit risk to the business operation is minimal with an insignificant amount of debtors in any period.

Liquidity risk

The directors and company accountant manage, control and monitor the company's cash flow on a daily basis, ensuring all obligations are met and payments made on time.

Key performance indicators

	31/10/25	31/10/24	Increase/(decrease)
Turnover	12,542,237	12,343,687	1.61%
Gross profit	1,526,428	1,477,795	3.29%
Operating profit	74,741	18,048	314.12%
Net assets	3,852,779	3,782,889	1.850%

Future developments

The year ending 31st October 2025, has again, as prior year, been a struggle with the continuing cost of living crisis, inflation and protracted expectations of the governments budget, resulting in lower customer confidence and reduced spending on high value non-essential products, which is our business core. However, due to the diligent and careful monitoring of the market and conditions, the directors have been able to maintain and slightly increase the turnover and gross profit in the period, against prior year. With constant review and maintenance of business costs and contracts, during the period there has been an increase in the overall operating profit for the period. Whilst the directors acknowledge that additional, unavoidable, costs such as the increase in National Minimum Wage, National Insurance, and further increase in the business rates for the forthcoming year, overall, the business is in a strong position to be able to move forward, once recovery of the economy has taken place. However, again this appears to be stifled at present with the global uncertainty of the middle east conflict. Maisie Burnley has now also been appointed as a Director from 1st April 2026.

This report was approved by the board of directors on 15 May 2026 and signed on behalf of the board by:

N Burnley

Director

Registered office:

Great North Road

Knottingley

West Yorkshire

WF11 0AE

Wandahome (Knottingley) Limited

Directors' Report

Year Ended 31 October 2025

The directors present their report and the financial statements of the company for the year ended 31 October 2025 .

Directors

The directors who served the company during the year were as follows:

N Burnley
Mr R Hay

Dividends

The directors do not recommend the payment of a dividend.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information. A resolution to reappoint Holmes Beaumont & Holroyd Limited as auditors will be proposed at the forthcoming Annual General Meeting.

This report was approved by the board of directors on 15 May 2026 and signed on behalf of the board by:

N Burnley

Director

Registered office:

Great North Road

Knottingley

West Yorkshire

WF11 0AE

Wandahome (Knottingley) Limited

Independent Auditor's Report to the Members of Wandahome (Knottingley) Limited

Year Ended 31 October 2025

Opinion

We have audited the financial statements of Wandahome (Knottingley) Limited (the 'company') for the year ended 31 October 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 31 October 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following: - The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; - We identified the laws and regulations applicable to the company through discussions with management; - We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including UK Companies legislation, tax legislation, employment legislation, environmental and health and safety legislation; - We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and - Identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur by; - Making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; - Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations; and - The matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. To address the risk of fraud through management bias and override of controls, we: - Performed analytical procedures to identify unusual or unexpected relationships; - Tested journal entries and other adjustments to identify unusual transactions; - Assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; - Investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: - Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations; - Reading minutes of meetings of those charged with governance; - Enquiring of management as to actual or potential litigation claims; - Reviewing correspondence with HMRC, the FCA and the company's legal advisors. There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we become aware of it. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report

This report is made solely to the company's members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Michael Flanagan

(Senior Statutory Auditor)

For and on behalf of

Holmes Beaumont & Holroyd Limited

Chartered Accountants & Statutory Auditor

15 Ropergate End

Pontefract

West Yorkshire

WF8 1JT

18 May 2026

Wandahome (Knottingley) Limited

Statement of Comprehensive Income

Year Ended 31 October 2025

		2025	2024
Note		£	£
Turnover	4	12,542,237	12,343,687

Cost of sales	11,015,809	10,865,892
	-------------	-------------
Gross profit	1,526,428	1,477,795

Administrative expenses		1,566,696	1,623,826
Other operating income	5	115,009	164,079
		------------	------------
Operating profit	6	74,741	18,048

Other interest receivable and similar income	10	54,527	103,201
Interest payable and similar expenses	11	35,002	44,227
		------------	------------
Profit before taxation		94,266	77,022

Tax on profit	12	24,376	14,732
		--------	--------
Profit for the financial year and total comprehensive income		69,890	62,290
		--------	--------

All the activities of the company are from continuing operations.

Wandahome (Knottingley) Limited

Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	13		2,314,447	2,382,144

Current assets

Stocks	14	2,417,463	3,301,757
Debtors	15	181,484	171,941
Cash at bank and in hand		1,888,505	2,263,549
		------------	------------
		4,487,452	5,737,247

Creditors: amounts falling due within one year	16	2,917,886		4,168,258
		------------		------------
Net current assets			1,569,566	1,568,989
			------------	------------
Total assets less current liabilities			3,884,013	3,951,133

Creditors: amounts falling due after more than one year	17		–	131,772

Provisions

Taxation including deferred tax	18	31,234	36,472
		------------	------------
Net assets		3,852,779	3,782,889
		------------	------------

Capital and reserves

Called up share capital	21	1,001	1,001
Capital redemption reserve	22	845	845
Profit and loss account	22	3,850,933	3,781,043
		------------	------------
Shareholders funds		3,852,779	3,782,889
		------------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the medium companies regime.

These financial statements were approved by the board of directors and authorised for issue on 15 May 2026 , and are signed on behalf of the board by:

N Burnley	Mr R Hay
Director	Director

Company registration number: 00641608

Wandahome (Knottingley) Limited

Statement of Changes in Equity

Year Ended 31 October 2025

	Called up share capital	Capital redemption reserve	Profit and loss account	Total
	£	£	£	£
At 1 November 2023	1,846	–	4,118,753	4,120,599

Profit for the year			62,290	62,290
	--------	--------	------------	------------
Total comprehensive income for the year	–	–	62,290	62,290

Cancellation of subscribed capital	( 845)	845	( 400,000)	( 400,000)
	--------	--------	------------	------------
Total investments by and distributions to owners	( 845)	845	( 400,000)	( 400,000)

At 31 October 2024	1,001	845	3,781,043	3,782,889

Profit for the year			69,890	69,890
	--------	--------	------------	------------
Total comprehensive income for the year	–	–	69,890	69,890

	--------	--------	------------	------------
At 31 October 2025	1,001	845	3,850,933	3,852,779
	--------	--------	------------	------------

Wandahome (Knottingley) Limited

Statement of Cash Flows

Year Ended 31 October 2025

	2025	2024
	£	£

Cash flows from operating activities

Profit for the financial year	69,890	62,290

Adjustments for:
Depreciation of tangible assets	75,611	76,783
Other interest receivable and similar income	( 54,527)	( 103,201)
Interest payable and similar expenses	35,002	44,227
Tax on profit	24,376	14,732
Accrued income	( 40,909)	( 140,959)

Changes in:
Stocks	884,294	( 812,320)
Trade and other debtors	( 9,543)	68,174
Trade and other creditors	( 1,057,272)	642,206
	------------	---------
Cash generated from operations	( 73,078)	( 148,068)

Interest paid	( 35,002)	( 44,227)
Interest received	54,527	103,201
Tax paid	( 27,459)	( 187,158)
	--------	---------
Net cash used in operating activities	( 81,012)	( 276,252)
	--------	---------

Cash flows from investing activities

Purchase of tangible assets	( 7,914)	( 1,259)
	--------	---------
Net cash used in investing activities	( 7,914)	( 1,259)
	--------	---------

Cash flows from financing activities

Purchase of own shares	–	( 400,000)
Proceeds from borrowings	( 286,118)	( 158,641)
	---------	---------
Net cash used in financing activities	( 286,118)	( 558,641)
	---------	---------

Net decrease in cash and cash equivalents	( 375,044)	( 836,152)
Cash and cash equivalents at beginning of year	2,263,549	3,099,701
	------------	------------
Cash and cash equivalents at end of year	1,888,505	2,263,549
	------------	------------

Wandahome (Knottingley) Limited

Notes to the Financial Statements

Year Ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Great North Road, Knottingley, West Yorkshire, WF11 0AE.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2% reducing balance
Plant & machinery	-	8% straight line
Fixtures & Fittings	-	10% straight line
Motor Vehicles	-	20% straight line
Computer equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured 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 the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash Short-term trade and other debtors and creditors, including amounts due to manufacturers stocking plans. Cash in the balance sheet comprises cash at banks and in hand. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Sale of caravans and accessories	12,542,237	12,343,687
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Other operating income

	2025	2024
	£	£
Commission receivable	114,988	164,058
Other operating income	21	21
	---------	---------
	115,009	164,079
	---------	---------

6. Operating profit

Operating profit or loss is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	75,611	76,783
	--------	--------

7. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	9,000	9,000
	--------	--------

8. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Production staff	27	26
Administrative staff	4	4
Management staff	2	2
	--------	--------
	33	32
	--------	--------

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	1,000,362	990,154
Social security costs	114,276	98,802
Other pension costs	54,494	114,690
	------------	------------
	1,169,132	1,203,646
	------------	------------

9. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	263,182	288,645
Company contributions to defined contribution pension plans	12,000	70,000
	---------	---------
	275,182	358,645
	---------	---------

The number of directors who accrued benefits under company pension plans was as follows:

	2025	2024
	No.	No.
Defined contribution plans	1	2
	--------	--------

Remuneration of the highest paid director in respect of qualifying services:

	2025	2024
	£	£
Aggregate remuneration	181,816	261,898
	---------	---------

10. Other interest receivable and similar income

	2025	2024
	£	£
Interest on cash and cash equivalents	54,527	103,201
	--------	---------

11. Interest payable and similar expenses

	2025	2024
	£	£
Interest on banks loans and overdrafts	13,387	33,818
Other interest payable and similar charges	21,615	10,409
	--------	--------
	35,002	44,227
	--------	--------

12. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	29,614	27,459
Adjustments in respect of prior periods	–	( 5,901)
	--------	--------
Total current tax	29,614	21,558
	--------	--------

Deferred tax:

Origination and reversal of timing differences	( 5,238)	( 6,826)
	--------	--------
Tax on profit	24,376	14,732
	--------	--------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: lower than) the standard rate of corporation tax in the UK of 23.52 % (2024: 23.32 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	94,266	77,022
	--------	--------
Profit on ordinary activities by rate of tax	22,171	17,962
Adjustment to tax charge in respect of prior periods	–	( 5,901)
Effect of expenses not deductible for tax purposes	983	1,319
Effect of capital allowances and depreciation	1,220	1,357
Rounding on tax charge	2	( 5)
	--------	--------
Tax on profit	24,376	14,732
	--------	--------

13. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Nov 2024	2,547,317	33,804	5,432	44,435	119,615	2,750,603
Additions	–	–	–	–	7,914	7,914
	------------	--------	--------	--------	---------	------------
At 31 Oct 2025	2,547,317	33,804	5,432	44,435	127,529	2,758,517
	------------	--------	--------	--------	---------	------------
Depreciation
At 1 Nov 2024	283,584	18,513	2,857	23,398	40,107	368,459
Charge for the year	45,275	1,968	532	5,610	22,226	75,611
	------------	--------	--------	--------	---------	------------
At 31 Oct 2025	328,859	20,481	3,389	29,008	62,333	444,070
	------------	--------	--------	--------	---------	------------
Carrying amount
At 31 Oct 2025	2,218,458	13,323	2,043	15,427	65,196	2,314,447
	------------	--------	--------	--------	---------	------------
At 31 Oct 2024	2,263,733	15,291	2,575	21,037	79,508	2,382,144
	------------	--------	--------	--------	---------	------------

14. Stocks

	2025	2024
	£	£
Finished goods and goods for resale	2,417,463	3,301,757
	------------	------------

15. Debtors

	2025	2024
	£	£
Trade debtors	216	688
Prepayments and accrued income	68,313	62,190
Other debtors	112,955	109,063
	---------	---------
	181,484	171,941
	---------	---------

16. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	69,104	223,450
Trade creditors	2,389,004	3,561,271
Accruals and deferred income	292,836	333,745
Corporation tax	29,614	27,459
Social security and other taxes	137,328	22,333
	------------	------------
	2,917,886	4,168,258
	------------	------------

Included in trade creditors is £2,101,060 (2024 £3,181,114) outstanding in respect of manufacturers stocking plans. These liabilities are secured on relevant stocks, legal title to which does not pass to the company until full payment has been made to the supplier.

The bank loans are secured by a debenture over 2 parcels of land at Grovehall Lane, Knottingley.

17. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	131,772
	--------	---------

The bank loans are secured by a debenture over 2 parcels of land at Grovehall Lane, Knottingley.

18. Provisions

	Deferred tax (note 19)
	£
At 1 November 2024	36,472
Charge against provision	( 5,238)
	--------
At 31 October 2025	31,234
	--------

19. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 18)	31,234	36,472
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	31,234	36,472
	--------	--------

20. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 42,494 (2024: £ 44,690 ).

21. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A Ordinary shares of £ 1 each	1,001	1,001	1,001	1,001
	--------	--------	--------	--------

22. Reserves

Capital redemption reserve - This reserve records the nominal value of shares repurchased by the company. Profit and loss account - This reserve records retained earnings and accumulated losses.

23. Analysis of changes in net debt

	At 1 Nov 2024	Cash flows	At 31 Oct 2025
	£	£	£
Cash at bank and in hand	2,263,549	(375,044)	1,888,505
Debt due within one year	(223,450)	154,346	(69,104)
Debt due after one year	(131,772)	131,772	–
	------------	---------	------------
	1,908,327	( 88,926)	1,819,401
	------------	---------	------------

Wandahome (Knottingley) Limited

Notes to the Financial Statements (continued)

Year Ended 31 October 2025

24. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	–	5,846
	--------	--------

25. Controlling party

The company is controlled by N Burnley , by virtue of his majority shareholding.