REGISTERED NUMBER: 15130153 (England and Wales)

Bertrams Warkworth Limited

Unaudited Financial Statements

for the Year Ended 31st January 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Directors:

T A A Leslie

R N Sim

Registered office:

Halidon House

17D Windmill Way West

Ramparts Business Park

Berwick Upon Tweed

Northumberland

TD15 1TB

Registered number:

15130153 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Intangible assets

4

3

-

Tangible assets

5

217,514

229,441

217,517

229,441

Current assets

Stocks

10,891

11,725

Debtors

6

35,258

83,130

Cash at bank and in hand

29,098

34,936

75,247

129,791

Creditors

Amounts falling due within one year

7

478,216

438,002

Net current liabilities

(402,969

)

(308,211

)

Total assets less current liabilities

(185,452

)

(78,770

)

Provisions for liabilities

30,040

-

Net liabilities

(215,492

)

(78,770

)

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

(216,492

)

(79,770

)

(215,492

)

(78,770

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 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 Statement of Income and Retained Earnings has not been delivered.

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

T A A Leslie - Director

R N Sim - Director

1.	Statutory information

Bertrams Warkworth 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.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned.

Goodwill

Goodwill has not been amortised as the value is negligible.

Tangible fixed assets

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

Improvements to property

-

not provided

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Office equipment

-

20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment.

Stocks

Stock is valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank overdraft, intercompany loans and accruals.

Trade debtors, trade creditors, bank overdraft, intercomapny loans and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Group accounts

The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

Going concern

The company has a deficit on the balance sheet and relies on the support of its shareholders and creditors, which has been confirmed for a period of at least twelve months from the approval of the financial statements. Accordingly the directors have prepared the financial statements on the going concern basis.

3.	Employees and directors

The average number of employees during the year was 26 (2025 - 24 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

Additions

3

At 31st January 2026

3

Net book value

At 31st January 2026

3

5.	Tangible fixed assets

Improvements

Fixtures

to

Plant and

and

Office

property

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1st February 2025

44,681

2,824

202,791

7,396

257,692

Additions

-

1,966

16,372

-

18,338

At 31st January 2026

44,681

4,790

219,163

7,396

276,030

Depreciation

At 1st February 2025

-

239

26,532

1,480

28,251

Charge for year

-

647

28,139

1,479

30,265

At 31st January 2026

-

886

54,671

2,959

58,516

Net book value

At 31st January 2026

44,681

3,904

164,492

4,437

217,514

At 31st January 2025

44,681

2,585

176,259

5,916

229,441

6.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

-

522

Amounts owed by group undertakings

18,215

18,021

Other debtors

17,043

64,587

35,258

83,130

7.

Creditors: amounts falling due within one year

2026

2025

£

£

Bank loans and overdrafts

2

-

Trade creditors

48,281

25,447

Amounts owed to group undertakings

368,501

345,179

Taxation and social security

28,979

28,916

Other creditors

32,453

38,460

478,216

438,002

8.	Related party disclosures

Bertrams Warkworth Limited is a fully owned subsidiary of Lobster Alta (Holding) Limited a private company, limited by shares, registered in England and Wales.

At 31st January 2026 a loan of £1,194 (2025-£ Nil) was outstanding payable to the company by Alta Asset Management Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £ Nil (2025-£1,000) was outstanding payable to the company by Lobster Alta (Holdings) Limited, a company in the same group as Bertrams Warkworth Limited.. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £23,322 (2025-£ Nil) was outstanding payable by the company to Lobster Alta (Holdings) Limited a company in the same group as Bertrams Warkworth Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £17,021 (2025-£17,021) was outstanding payable to the company by Alta Property Holdings Limited, a company in the same group as Bertrams Warkworth Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £345,179 (2025-£345,179) was outstanding payable by the company to The Potted Lobster Ltd, a company in the same group as Bertrams Warkworth Limited. This loan is unsecured, interest free and is repayable on demand.

During the year the company paid £34,340 (2025-£ Nil) to Alta Asset Management Limited for management fees and other expenses that Alta Asset Management Limited incurred on behalf of the company.