ACCOUNTS - Final Accounts Preparation

Registered number: 15527492

WESTON HOMES (WESTON ROAD) LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2026

WESTON HOMES (WESTON ROAD) LTD

REGISTERED NUMBER: 15527492

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2026

		2026		2025
Note		£		£


Current assets
Stocks		1,442,188		670,472
Debtors: amounts falling due within one year	4	-		95,000
Cash at bank and in hand		2,212		848
		1,444,400		766,320
Creditors: amounts falling due within one year	5	(1,586,210)		(795,447)
Net current liabilities			(141,810)		(29,127)
Total assets less current liabilities			(141,810)		(29,127)

Net liabilities			(141,810)		(29,127)

Capital and reserves
Called up share capital	6	2	2
Profit and loss account		(141,812)	(29,129)
		(141,810)	(29,127)

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WESTON HOMES (WESTON ROAD) LTD

REGISTERED NUMBER: 15527492

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 28 FEBRUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 June 2026.

William Down

Director

The notes on pages 3 to 5 form part of these financial statements.

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WESTON HOMES (WESTON ROAD) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

1.	General information

The company is registered in England and Wales. The company's registered office is Unit 10 Draycott Industrial Estate, Draycott, Moreton - In - Marsh, England, GL56 9JY. The principal activity of the company is that of the contruction of domestic buildings.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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WESTON HOMES (WESTON ROAD) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

2.Accounting policies (continued)

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

Debtors

					2026	2025
					£	£


Other debtors	-	95,000
	-	95,000

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WESTON HOMES (WESTON ROAD) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

5.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Bank loans	1,216,677	768,199
Other creditors	366,533	25,998
Accruals and deferred income	3,000	1,250
	1,586,210	795,447

The following liabilities were secured:
	2026	2025
	£	£


Bank loans	1,216,677	768,199
	1,216,677	768,199

Details of security provided:

The bank loans are secured against all current and future assests of the company.

6.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

2 (2025 - 2) Ordinary shares of £1.00 each	2	2

7.	Related party transactions
	The two director's William Down and Joshua Down have personal guarantees for the bank loan shown in note 5. At the balance sheet date, the company owes £340,536 to connected company JWS Cotswold (Development Division) Ltd.

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