Land Products (Wessex) Limited

Registered number

02584674

Filleted Accounts

31 December 2025

Land Products (Wessex) Limited
Registered number:		02584674
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		133,522			138,902

Current assets
Stocks		233,756			285,574
Debtors	4	529,866			484,355
Cash at bank and in hand		136,630			122,200
		900,252			892,129

Creditors: amounts falling due within one year	5	(304,734)			(335,375)

Net current assets			595,518			556,754

Total assets less current liabilities			729,040			695,656

Creditors: amounts falling due after more than one year	6		(43,578)			(57,482)

Provisions for liabilities			(31,853)			(27,626)


Net assets			653,609			610,548

Capital and reserves
Called up share capital			100			100
Profit and loss account			653,509			610,448

Shareholders' funds			653,609			610,548

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J M Kent
Director
Approved by the board on 13 May 2026

Land Products (Wessex) Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% straight line
	Furniture, fixtures and fittings			10% reducing balance
	Computers			33 1/3% straight line
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					39		39


3	Tangible fixed assets
		Plant and machinery		Furniture, fixtures and fittings		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	326,334		38,765		331,314		696,413
	Additions	13,239		3,953		30,613		47,805
	Disposals	-		-		(14,990)		(14,990)
	At 31 December 2025	339,573		42,718		346,937		729,228

	Depreciation
	At 1 January 2025	313,860		37,118		206,533		557,511
	Charge for the year	9,996		1,673		37,960		49,629
	On disposals	-		-		(11,434)		(11,434)
	At 31 December 2025	323,856		38,791		233,059		595,706

	Net book value
	At 31 December 2025	15,717		3,927		113,878		133,522
	At 31 December 2024	12,474		1,647		124,781		138,902


4	Debtors					2025		2024
£							£

	Trade debtors					508,109		465,456
	Other debtors					21,757		18,899
						529,866		484,355


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					13,849		24,094
	Obligations under finance lease and hire purchase contracts					40,885		40,874
	Trade creditors					146,387		193,714
	Taxation and social security costs					97,043		70,578
	Other creditors					6,570		6,115
						304,734		335,375


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					43,578		57,482


7	Other information

	Land Products (Wessex) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Marchants Nursery
	Keepers Lane
	Wimborne
	Dorset
	BH21 7NE