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Company registration number: 07953027

We Are Weymouth Limited
Filleted Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2026

We Are Weymouth Limited

Contents

Directors' Report | 1 to 3
Accountants Report | 4 to 5
Balance Sheet | 6
Notes to the Unaudited Financial Statements | 7 to 9

We Are Weymouth Limited

Directors' Report for the Year Ended 31 March 2026

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors of the company

The directors who held office during the year were as follows:

H J Atkinson

D Hiscutt

P Mooney

J V Parker

J M Oldroyd

J Dixey

G J Perry - Chairman

H E Moore (resigned 30 January 2026)

T A Mutton-McKnight (resigned 21 July 2025)

L M Fisher

C W Truscott

K L Gilbert (appointed 24 September 2025)

L M Mackenzie (appointed 2 March 2026)

Principal activity
The principal activity of the company is to operate a Business Development District (BID) on behalf of the BID levy payers and to deliver the Business Plan as voted through in the ballot held in March 2023 for the four years and seven months life of the BID.

We Are Weymouth Limited

Directors' Report for the Year Ended 31 March 2026

Chairman's statement

The Weymouth BID Board, which is made up of levy-paying local business owners, is committed to supporting the town’s economic prosperity. We value levy-payer engagement and work to secure a stronger future for Weymouth.
Over the past year, businesses nationwide have faced increasing pressures from rising business rates, National Insurance, and minimum wage costs. In response, the BID has actively challenged these issues, working with other BIDs and Chambers of Commerce at a national level. We have also acted as an intermediary on behalf of local hoteliers in discussions regarding lease arrangements with Dorset Council.
Key initiatives continued throughout the year, including Dusk ‘til Dark, the Christmas programme, the crime reduction partnership, and the BID Ranger scheme. These were complemented by targeted marketing campaigns designed to attract visitors during the shoulder months. Many of these initiatives achieved both local and national recognition.
In addition, we established new placemaking groups to enhance the town’s visual appeal and introduced the Fossil Trail. Together with Dino Week, these initiatives received two awards in recognition of their success.
The composition of the Board continues to evolve. This year saw Tamsin Mutton McKnight (Sea Life) relocate to another county, Hayley Moore resign, and Lynne Fisher take over from Jonathan Oldroyd as Vice-Chair. We were also pleased to welcome new Board members Lyn Mackenzie (The Black Dog and Tin Cat) and Kerry Gilbert (Tattoo Morningstar). Their experience will contribute significantly to shaping our long-term strategy. We encourage levy-paying members who are passionate about positive change to consider volunteering as directors, to ensure the Board remains representative of our diverse business community.
Finally, I would like to extend my thanks to Dawn, Kelly, and Anita, whose continued dedication ensures that Board decisions are effectively delivered.

We Are Weymouth Limited

Directors' Report for the Year Ended 31 March 2026

Directors' liabilities
The company does not have any share capital. Instead, each director has agreed to contribute an amount not exceeding £1 in the event of winding up as per clause 3.2 of the Memorandum and Articles of Association.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 22 July 2026 and signed on its behalf by:

G J Perry Chairman |  |

Independent Chartered Accountants' Review Report to the Directors of We Are Weymouth Limited
for the Year Ended 31 March 2026

We have reviewed the financial statements of We Are Weymouth Limited for the year ended 31 March 2026, which comprise the Profit and Loss Account, the Balance Sheet and related notes as set out on pages 6 to 9, including a summary of significant accounting policies The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Directors' Responsibility for the Financial Statements

As explained more fully in the Directors' Responsibilities Statement set out on page 4, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' Responsibility

Our responsibility is to express a conclusion on the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised) Engagements to review historical financial statements and ICAEW technical release TECH 09/13AAF (Revised) Assurance review engagements on historical financial statements. ISRE 2400 (Revised) requires us to conclude whether anything has come to our attention that causes us to believe that the financial statements, taken as a whole, are not prepared, in all material respects, in accordance with the United Kingdom Generally Accepted Accounting Practice, specifically FRS 102 Section 1A. ISRE 2400 (Revised) also requires us to comply with the ICAEW Code of Ethics.

Scope of Assurance Review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed procedures, primarily consisting of making enquiries of management and others within the entity, as appropriate, applying analytical procedures, and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK). Accordingly, we do not express an audit opinion on these financial statements.

Independent Chartered Accountants' Review Report to the Directors of We Are Weymouth Limited
for the Year Ended 31 March 2026

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

• so as to give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its surplus for the period then ended;

• in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and

• in accordance with the requirements of the Companies Act 2006.

Use of our report

This report is made solely to the company's directors, as a body, in accordance with the terms of our engagement letter. Our review has been undertaken so that we may state to the company's directors those matters we have agreed with them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's directors as a body for our work, for this report or the conclusions we have formed.

Albert Goodman LLP
Chartered Accountants
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX

23 July 2026

We Are Weymouth Limited

(Registration number: 07953027)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 49 | 400
Current assets |  |  |
Debtors | 5 | 34,121 | 41,958
Cash at bank and in hand |  | 183,566 | 146,883
|  | 217,687 | 188,841
Creditors: Amounts falling due within one year | 6 | (73,784) | (54,812)
Net current assets |  | 143,903 | 134,029
Net assets |  | 143,952 | 134,429
Capital and reserves |  |  |
Profit and loss account |  | 143,952 | 134,429
Total equity |  | 143,952 | 134,429

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 22 July 2026 and signed on its behalf by:

G J Perry Chairman |  |

We Are Weymouth Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

1 | General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Leanne House
6 Avon Close
Weymouth
Dorset
DT4 9UX

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in Sterling (£).

Turnover recognition

Turnover represents levies received from Dorset County Council collected from business rates payers within the BID area and other local fundraising activities. Turnover is shown net of value added tax and is recognised in the period to which it relates.
Turnover from other fundraising activities is recognised as it is earned.

Tangible assets

Tangible assets are stated at cost, less accumulated depreciation and accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation of tangible assets

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% straight line

We Are Weymouth Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from levy payers in respect of levy payments diue to the company in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Defined contribution pension obligation

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.
The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3 | Staff numbers

The average number of persons employed by the company (excluding directors) during the year was 3 (2025 - 3).

We Are Weymouth Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

4 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 April 2025 | 6,535 | 6,535
At 31 March 2026 | 6,535 | 6,535
Depreciation
At 1 April 2025 | 6,135 | 6,135
Charge for the year | 351 | 351
At 31 March 2026 | 6,486 | 6,486
Carrying amount
At 31 March 2026 | 49 | 49
At 31 March 2025 | 400 | 400

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 24,567 | 28,597
Prepayments | 5,333 | 2,614
Other debtors | 4,221 | 10,747
| 34,121 | 41,958

6 | Creditors

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 24,806 | 7,872
Other creditors | 48,978 | 46,940
| 73,784 | 54,812