REGISTERED NUMBER: 15247638 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

WSG Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P T Dent

Mrs C Dent

REGISTERED OFFICE:

7 Cooks Lane

Emsworth

PO10 8LG

REGISTERED NUMBER:

15247638 (England and Wales)

CURRENT ASSETS

Stocks

380,178

293,623

Debtors

4

12,647

1,706

Cash at bank

1,882

48,761

394,707

344,090

CREDITORS

Amounts falling due within one year

5

32,135

807

NET CURRENT ASSETS

362,572

343,283

TOTAL ASSETS LESS CURRENT LIABILITIES

362,572

343,283

CREDITORS

Amounts falling due after more than one year

6

371,000

346,000

NET LIABILITIES

(8,428

)

(2,717

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(8,528

)

(2,817

)

(8,428

)

(2,717

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by:

P T Dent - Director

1.	STATUTORY INFORMATION

WSG Developments 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

12,647

1,706

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

32,135

807

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

371,000

346,000

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 October 2025 and the period ended 31 October 2024:

31.10.25

31.10.24

£

£

P T Dent and Mrs C Dent

Balance outstanding at start of year

(212

)

-

Amounts advanced

179

100

Amounts repaid

(30,312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(30,345

)

(212

)

8.	RELATED PARTY DISCLOSURES

During the period West Sussex Groundworks Ltd, a company under the control of Mr P Dent, loaned the sum of £25,000 (2024 : £346,000) to WSG Developments Ltd. The loan is considered interest free with no set repayment period or date.