REGISTERED NUMBER: 00795553 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

William A. Wardman Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W N Wardman

L M Wardman

REGISTERED OFFICE:

Thrushwood Farm

Yearby

Redcar

Cleveland

TS11 8HD

REGISTERED NUMBER:

00795553 (England and Wales)

ACCOUNTANTS:

Wasley Chapman

Chartered Accountants

5 Bobbies Bank

Whitby

North Yorkshire

YO21 1EF

FIXED ASSETS

Tangible assets

4

2,801,390

2,664,068

CURRENT ASSETS

Stocks

5

2,060,836

2,069,603

Debtors

6

115,051

374,289

Investments

7

892

892

2,176,779

2,444,784

CREDITORS

Amounts falling due within one year

8

1,017,170

1,051,595

NET CURRENT ASSETS

1,159,609

1,393,189

TOTAL ASSETS LESS CURRENT LIABILITIES

3,960,999

4,057,257

CREDITORS

Amounts falling due after more than one year

9

1,130,530

1,095,343

NET ASSETS

2,830,469

2,961,914

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Share premium

2,999,000

2,999,000

Retained earnings

(170,531

)

(39,086

)

SHAREHOLDERS' FUNDS

2,830,469

2,961,914

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2026 and were signed on its behalf by:

W N Wardman - Director

1.	STATUTORY INFORMATION

William A. Wardman 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold Land

-

not provided

Leasehold Property

-

4% on cost

Improvements to property

-

4% on cost

Plant & Machinery

-

10% on reducing balance

Tractors & Combines

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Entitlements

-

not provided

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

Leasehold

to

Plant &

Land

Property

property

Machinery

£

£

£

£

COST

At 1 April 2025

256,467

467,690

1,370,799

1,576,863

Additions

-

-

10,046

61,253

Disposals

-

-

-

(103,605

)

At 31 March 2026

256,467

467,690

1,380,845

1,534,511

DEPRECIATION

At 1 April 2025

40,751

203,689

958,463

1,115,856

Charge for year

41,153

18,707

-

41,226

Eliminated on disposal

-

-

-

(101,280

)

At 31 March 2026

81,904

222,396

958,463

1,055,802

NET BOOK VALUE

At 31 March 2026

174,563

245,294

422,382

478,709

At 31 March 2025

215,716

264,001

412,336

461,007

Tractors

Motor

& Combines

vehicles

Entitlements

Totals

£

£

£

£

COST

At 1 April 2025

1,403,172

93,066

34,978

5,203,035

Additions

514,467

19,010

-

604,776

Disposals

(338,471

)

-

-

(442,076

)

At 31 March 2026

1,579,168

112,076

34,978

5,365,735

DEPRECIATION

At 1 April 2025

160,941

59,267

-

2,538,967

Charge for year

29,718

12,702

-

143,506

Eliminated on disposal

(16,848

)

-

-

(118,128

)

At 31 March 2026

173,811

71,969

-

2,564,345

NET BOOK VALUE

At 31 March 2026

1,405,357

40,107

34,978

2,801,390

At 31 March 2025

1,242,231

33,799

34,978

2,664,068

5.

STOCKS

Stocks are measured at the lower of cost and estimated selling price less costs to complete the sale. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

103,475

359,068

Other debtors

11,576

15,221

115,051

374,289

7.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Investment - BATA

892

892

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

619,590

617,049

Hire purchase contracts

273,549

198,285

Trade creditors

120,876

234,017

Other creditors

3,155

2,244

1,017,170

1,051,595

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

600,768

714,490

Hire purchase contracts

529,762

380,853

1,130,530

1,095,343

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is W N Wardman.