REGISTERED NUMBER: 09579313 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2025 to 31 December 2025

for

Wills Marquees Oldco Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

734,439

733,539

CURRENT ASSETS

Inventories

5

16,536

77,786

Debtors

6

13,418

116,007

Cash at bank

100,909

155,784

130,863

349,577

CREDITORS

Amounts falling due within one year

7

200,808

340,452

NET CURRENT (LIABILITIES)/ASSETS

(69,945

)

9,125

TOTAL ASSETS LESS CURRENT LIABILITIES

664,494

742,664

CREDITORS

Amounts falling due after more than one year

8

(91,275

)

(98,158

)

PROVISIONS FOR LIABILITIES

11

(183,610

)

(183,385

)

NET ASSETS

389,609

461,121

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

12

252,673

252,673

Retained earnings

12

136,836

208,348

SHAREHOLDERS' FUNDS

389,609

461,121

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 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 30 April 2026 and were signed on its behalf by:

Mrs L Brawn - Director

1.	STATUTORY INFORMATION

Wills Marquees Oldco Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09579313

Registered office:

Grafton Grange

Limebar Lane

Marton Cum Grafton

York

YO51 9QQ

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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover represents:

1. the value of marquees sold and

2. charges for the hire of marquees during the year.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Tangible fixed assets

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

Plant and machinery - 33% on cost, 20% on cost and 15% on reducing balance

Marquees - 20% on cost to their residual value of 20% of cost

Motor vehicles - 25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Bank loans are measured at amortised cost using the effective interest rate.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Taxation

Taxation for the period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Assets obtained under hire purchase contracts are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost using the effective rate of interest.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Creditors

Short term creditors are measured at the transaction price.

Debtors

Short term debtors are measured at transaction price, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 23 (2025 - 19 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

machinery

Marquees

vehicles

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2025

306,114

481,243

133,151

920,508

Additions

93,800

-

51,990

145,790

Disposals

-

(14,149

)

-

(14,149

)

At 31 December 2025

399,914

467,094

185,141

1,052,149

DEPRECIATION

At 1 April 2025

111,170

9,320

66,479

186,969

Charge for period

38,428

70,064

22,249

130,741

At 31 December 2025

149,598

79,384

88,728

317,710

NET BOOK VALUE

At 31 December 2025

250,316

387,710

96,413

734,439

At 31 March 2025

194,944

471,923

66,672

733,539

Cost or valuation at 31 December 2025 is represented by:

Plant and

Motor

machinery

Marquees

vehicles

Totals

£

£

£

£

Valuation in 2025

-

101,987

-

101,987

Cost

399,914

365,107

185,141

950,162

399,914

467,094

185,141

1,052,149

5.	INVENTORIES

31.12.25

31.3.25

£

£

Work-in-progress

-

1,000

Finished goods

16,536

76,786

16,536

77,786

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.3.25

£

£

Trade debtors

2,931

63,580

Other debtors

4,037

2,369

Tax

-

22,173

VAT

1,065

-

Prepayments and accrued income

5,385

27,885

13,418

116,007

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.3.25

£

£

Bank loans and overdrafts

-

10,426

Hire purchase contracts (see note 9)

52,246

46,013

Advanced deposits

109,424

209,549

Trade creditors

3,208

38,291

VAT

-

1,048

Other creditors

33,823

34,840

Directors' current accounts

1,957

135

Accrued expenses

150

150

200,808

340,452

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.3.25

£

£

Bank loans - 1-5 years

-

3,531

Hire purchase contracts (see note 9)

91,275

94,627

91,275

98,158

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.3.25

£

£

Net obligations repayable:

Within one year

52,246

46,013

Between one and five years

91,275

94,627

143,521

140,640

Non-cancellable

operating leases

31.12.25

31.3.25

£

£

Within one year

42,500

42,500

Between one and five years

58,438

90,313

100,938

132,813

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.3.25

£

£

Hire purchase contracts

143,521

140,640

11.	PROVISIONS FOR LIABILITIES

31.12.25

31.3.25

£

£

Deferred tax

183,610

183,385

Deferred

tax

£

Balance at 1 April 2025

183,385

Provided during period

225

Balance at 31 December 2025

183,610

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2025

208,348

252,673

461,021

Deficit for the period

(3,262

)

(3,262

)

Dividends

(68,250

)

(68,250

)

At 31 December 2025

136,836

252,673

389,509