Company registration number 07030447 (England and Wales)
WENNING HOUSE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
WENNING HOUSE LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 11
WENNING HOUSE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
3
1,254,212
1,260,052
Investments
4
31,597
30,098
1,285,809
1,290,150
Current assets
Debtors
5
-
0
124,000
Cash at bank and in hand
28,287
278,541
28,287
402,541
Creditors: amounts falling due within one year
6
(423,756)
(286,764)
Net current (liabilities)/assets
(395,469)
115,777
Total assets less current liabilities
890,340
1,405,927
Provisions for liabilities
(71,160)
(72,056)
Net assets
819,180
1,333,871
Capital and reserves
Called up share capital
7
200
200
Revaluation reserve
394,780
394,780
Profit and loss reserves
424,200
938,891
Total equity
819,180
1,333,871
WENNING HOUSE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 25 June 2026 and are signed on its behalf by:
Mr A Hobson
Director
Company registration number 07030447 (England and Wales)
WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Wenning House Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wenning House, Forge Lane, Halton, Lancaster, LA2 6RH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties. The principal accounting policies adopted are set out below.

The parent, and group headed by it, qualify as small as set out in section 383 of the Act and the group is not eligible as set out in section 384 of the Act, and as such, under section 399 is not required to prepare group accounts. The financial statements present information about the company as an individual entity and not about its group.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

The company generates revenue from management charges for services provided. Revenue is recognised in the period in which the related services are performed, reflecting the transfer of those services to the recipient.

Other income

Other operating income comprises rental income from property, which is recognised on an accruals basis and spread on a straight-line basis over the period to which the rental income relates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold property
no depreciation charged
Plant and machinery
10% reducing balance
WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Freehold property represents property occupied solely by the company's subsidiary. The property is held in this parent company for administrative purposes and has therefore been classified as property plant and equipment and not as investment property. No depreciation is provided in respect of this property as the useful life is considered to be so long and the residual value estimated to be so high, as a result of the ongoing maintenance met by the subsidiary, as to render any depreciation charges and accumulated depreciation immaterial.

1.4
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Other investments are measured at cost less impairment.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in han d and deposits held at call with banks.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

The company has no financial assets which are classified as other financial assets in these financial statements.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 6 -
Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Other financial liabilities

The company has no financial liabilities which are classified as other financial liabilities in these financial statements.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Derivatives

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences to the extent that it is probable that they will be recovered against future taxable profits. Such liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.

WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 7 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Leases
As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset. All other leases are classified as operating leases. If an arrangement contains both lease and non-lease components, the company allocates the consideration in the contract to the two elements.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
3
Tangible fixed assets
Freehold property
Plant and machinery
Total
£
£
£
Cost or valuation
At 1 April 2025 and 31 March 2026
1,201,652
257,688
1,459,340
Depreciation and impairment
At 1 April 2025
-
0
199,288
199,288
Depreciation charged in the year
-
0
5,840
5,840
At 31 March 2026
-
0
205,128
205,128
Carrying amount
At 31 March 2026
1,201,652
52,560
1,254,212
At 31 March 2025
1,201,652
58,400
1,260,052

The freehold property was revalued on 28 November 2025 by Richard P Taylor Chartered Surveyors and the directors believe the value at 31 March 2026 to not be materially different from this amount.

4
Fixed asset investments
2026
2025
£
£
Investments
31,597
30,098

Movements in fixed asset investments
Shares in group undertakings
Other investments other than loans
Total
£
£
£
Cost
At 1 April 2025
100
29,998
30,098
Additions
-
1,499
1,499
At 31 March 2026
100
31,497
31,597
Carrying amount
At 31 March 2026
100
31,497
31,597
At 31 March 2025
100
29,998
30,098
WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 9 -
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
-
0
124,000
6
Creditors: amounts falling due within one year
2026
2025
£
£
Amounts owed to group undertakings
252,018
-
0
Taxation and social security
170,070
284,923
Other creditors
1,668
1,841
423,756
286,764
7
Called up share capital
2026
2025
£
£
Ordinary share capital
Issued and fully paid
88 'A' Ordinary shares of £1 each
88
88
84 'B' Ordinary shares of £1 each
84
84
5 'C' Ordinary shares of £1 each
5
5
5 'D' Ordinary shares of £1 each
5
5
1 'E' Ordinary shares of £1 each
1
1
1 'F' Ordinary shares of £1 each
1
1
1 'G' Ordinary shares of £1 each
1
1
1 'H' Ordinary shares of £1 each
1
1
1 'I' Ordinary shares of £1 each
1
1
1 'J' Ordinary shares of £1 each
1
1
1 'K' Ordinary shares of £1 each
1
1
1 'L' Ordinary shares of £1 each
1
1
1 'M' Ordinary shares of £1 each
1
1
1 'N' Ordinary shares of £1 each
1
1
1 'O' Ordinary shares of £1 each
1
1
1 'P' Ordinary shares of £1 each
1
1
1 'Q' Ordinary shares of £1 each
1
1
1 'R' Ordinary shares of £1 each
1
1
1 'S' Ordinary shares of £1 each
1
1
1 'T' Ordinary shares of £1 each
1
1
1 'U' Ordinary shares of £1 each
1
1
1 'V' Ordinary shares of £1 each
1
1
200
200
WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
7
Called up share capital
(Continued)
- 10 -

The share rights are as follows:

- The 'A' Ordinary, 'B' Ordinary shares of £1.00 each have full voting rights;

- The 'C' Ordinary, 'D' Ordinary, 'E' Ordinary, 'F' Ordinary, 'G' Ordinary, 'H' Ordinary, 'I' Ordinary, 'J' Ordinary, 'K' Ordinary, 'L' Ordinary, 'M' Ordinary, 'N' Ordinary, 'O' Ordinary, 'P' Ordinary shares, 'Q' Ordinary shares, 'R' Ordinary shares, 'S' Ordinary shares, 'T' Ordinary shares, 'U' Ordinary shares and 'V' Ordinary shares of £1.00 each have no voting rights; and

- The 'A' to 'V' Ordinary shares of £1.00 each all have full rights to income, except that the directors may at any time resolve to declare a dividend or dividends on one or more classes of share to the exclusion of any other class and that different rates of dividend may be declared on the respective shares.

WENNING HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 11 -
8
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Management fees received
Rent received
2026
2025
2026
2025
£
£
£
£
Entities over which the entity has control, joint control or significant influence
320,000
570,000
150,000
150,000

The following amounts were outstanding at the reporting end date:

2026
2025
Amounts owed to related parties
£
£
Entities over which the entity has control, joint control or significant influence
252,018
-
Key management personnel
91
91

The following amounts were outstanding at the reporting end date:

2025
Balance
Amounts owed in previous period
£
Entities over which the entity has control, joint control or significant influence
124,000
2026-03-31 2025-04-01 false false false 03 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A Hobson Mrs K M Houlden Mr A B Hobson Mr C S Wilcox 07030447 2025-04-01 2026-03-31 07030447 2026-03-31 07030447 2025-03-31 07030447 core:LandBuildings core:OwnedOrFreeholdAssets 2026-03-31 07030447 core:PlantMachinery 2026-03-31 07030447 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 07030447 core:PlantMachinery 2025-03-31 07030447 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 07030447 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07030447 core:CurrentFinancialInstruments 2026-03-31 07030447 core:CurrentFinancialInstruments 2025-03-31 07030447 core:ShareCapital 2026-03-31 07030447 core:ShareCapital 2025-03-31 07030447 core:RevaluationReserve 2026-03-31 07030447 core:RevaluationReserve 2025-03-31 07030447 core:RetainedEarningsAccumulatedLosses 2026-03-31 07030447 core:RetainedEarningsAccumulatedLosses 2025-03-31 07030447 core:ShareCapitalOrdinaryShares 2026-03-31 07030447 core:ShareCapitalOrdinaryShares 2025-03-31 07030447 bus:Director1 2025-04-01 2026-03-31 07030447 core:LandBuildings core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 07030447 core:PlantMachinery 2025-04-01 2026-03-31 07030447 2024-04-01 2025-03-31 07030447 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 07030447 core:PlantMachinery 2025-03-31 07030447 2025-03-31 07030447 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 07030447 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 07030447 bus:FRS102 2025-04-01 2026-03-31 07030447 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 07030447 bus:Director2 2025-04-01 2026-03-31 07030447 bus:Director3 2025-04-01 2026-03-31 07030447 bus:Director4 2025-04-01 2026-03-31 07030447 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP