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Company Registration No. 15461912 (England and Wales)
Zephyr Sawmills Limited Unaudited accounts for the year ended 28 February 2026
Zephyr Sawmills Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Zephyr Sawmills Limited Company Information for the year ended 28 February 2026
Director
Sam Barnes
Company Number
15461912 (England and Wales)
Registered Office
1 Rookery Cottages Sixpenny Handley Salisbury Wiltshire SP5 5PQ England
Accountants
N L Accounting (South West) Ltd Unit 7, Town Farm Workshops Sixpenny Handley Salisbury Wiltshire SP5 5PA
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Zephyr Sawmills Limited Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
65,773
73,924
Current assets
Debtors
5
1,877
-
Cash at bank and in hand
2,994
3,086
4,871
3,086
Creditors: amounts falling due within one year
6
(70,280)
(63,047)
Net current liabilities
(65,409)
(59,961)
Net assets
364
13,963
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
363
13,962
Shareholders' funds
364
13,963
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 July 2026 and were signed on its behalf by
Sam Barnes Director Company Registration No. 15461912
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Zephyr Sawmills Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Zephyr Sawmills Limited is a private company, limited by shares, registered in England and Wales, registration number 15461912. The registered office is 1 Rookery Cottages, Sixpenny Handley, Salisbury, Wiltshire, SP5 5PQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Zephyr Sawmills Limited Notes to the Accounts for the year ended 28 February 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2025
81,181
6,215
87,396
Additions
17,000
-
17,000
Disposals
(13,206)
-
(13,206)
At 28 February 2026
84,975
6,215
91,190
Depreciation
At 1 March 2025
12,177
1,295
13,472
Charge for the year
12,901
1,025
13,926
On disposals
(1,981)
-
(1,981)
At 28 February 2026
23,097
2,320
25,417
Net book value
At 28 February 2026
61,878
3,895
65,773
At 28 February 2025
69,004
4,920
73,924
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
1,377
-
Other debtors
500
-
1,877
-
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
23,959
23,909
VAT
1,873
465
Trade creditors
18,334
7,210
Loans from directors
26,114
31,463
70,280
63,047
7
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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