ACCOUNTS - Final Accounts preparation

Company registration number: 06264487

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 31 DECEMBER 2025

	WESSER LIMITED


WESSER LIMITED

COMPANY INFORMATION

Directors	M Wesser
	O J Steele (appointed 5 August 2025)


Company secretary	M Wesser


Registered number	06264487


Registered office	Sping Barn
	Fairclough Hall Farm
	Halls Green
	SG4 7DP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


WESSER LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 7


WESSER LIMITED REGISTERED NUMBER:06264487

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2025
Note		£		£

Fixed assets
Tangible assets	5		17,829		20,914
			17,829		20,914
Current assets
Stocks		5,000		5,000
Debtors: amounts falling due within one year	6	186,168		83,441
Cash at bank and in hand		357,633		502,426
		548,801		590,867
Creditors: amounts falling due within one year	7	(163,620)		(388,082)
Net current assets			385,181		202,785
Total assets less current liabilities			403,010		223,699

Net assets			403,010		223,699

Capital and reserves
Called up share capital	9	200,002	200,002
Share premium account		166,120	166,120
Share option reserve		5,339	-
Profit and loss account		31,549	(142,423)
		403,010	223,699

Page 1


WESSER LIMITED REGISTERED NUMBER:06264487

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

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 Period 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 by:

................................................ M Wesser	................................................ O J Steele
Director	Director

Date: 27 June 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


WESSER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

Wesser 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The period covered by the financial statements is the 9 month period from 1 April 2025 to 31 December 2025. The shortened period should be taken into account when reviewing the comparative information within the financial statements.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.3

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

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

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3


WESSER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Operating leases: the Company as lessee

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

2.5

Pensions

Defined contribution pension plan

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 profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	25%
				Motor vehicles	-	20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

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.

Page 4


WESSER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.9

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the Period was 80 (2024 - 86).

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 January 2025	250,000
	At 31 December 2025	250,000
	Amortisation
	At 1 January 2025	250,000
	At 31 December 2025	250,000
	Net book value
	At 31 December 2025	-
	At 31 December 2025	-

Page 5


WESSER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

5.	Tangible fixed assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost or valuation
At 1 January 2025	171,496	22,413	193,909
Additions	304	-	304
At 31 December 2025	171,800	22,413	194,213
Depreciation
At 1 January 2025	169,127	3,868	172,995
Charge for the Period on owned assets	1,081	2,308	3,389
At 31 December 2025	170,208	6,176	176,384
Net book value
At 31 December 2025	1,592	16,237	17,829
At 31 December 2025	2,369	18,545	20,914

Debtors

					2025	2025
					£	£


Trade debtors	181,816	48,393
Other debtors	4,352	3,085
Prepayments and accrued income	-	20,167
Tax recoverable	-	11,796
	186,168	83,441

Page 6


WESSER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2025
		£	£

Trade creditors	20,090	7,824
Other taxation and social security	125,643	217,303
Other creditors	13,487	88,220
Accruals and deferred income	4,400	74,735
	163,620	388,082

8.	Secured creditors

Security has been provided to the company bankers by way of a fixed and floating charge over all assets of the company.

9.	Share capital
		2025	2025
		£	£

Allotted, called up and fully paid

NIL (March 2025 - 200,002) Ordinary shares of £1.00 each	-	200,002
190,002 (March 2025 - NIL)) Ordinary A shares of £1.00 each	190,002	-
10,000 (March 2025 - NIL) Ordinary B shares of £1.00 each	10,000	-

	200,002	200,002

During the year, the company reclassified its issued share capital from 200,002 ordinary shares of £1 each into 190,002 Ordinary A shares and 10,000 Ordinary B shares of £1 each. This reclassification did not result in any change to the total issued share capital of the company..

The ordinary A shares (previously ordinary shares) and the ordinary B shares (previously ordinary shares) have the discretionary dividend rights attaching to them as set out in the company's articles of association, but otherwise rank pari passu and have the other rights and restrictions as set out in the company's articles of association.

10.	Related party transactions
	At the reporting date the company owed £5,264 (March 2025: NIL) to the directors. The balance can be found within creditors due within one year and no interest is being charged on this.

Page 7