Company No: 12092757 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	344,729		344,729
Investments	4	100		100
		344,829		344,829
Current assets
Debtors	5	68,390		73,438
Cash at bank and in hand		733		1,417
		69,123		74,855
Creditors: amounts falling due within one year	6	( 17,932)		( 14,638)
Net current assets		51,191		60,217
Total assets less current liabilities		396,020		405,046
Creditors: amounts falling due after more than one year	7	( 427,445)		( 431,144)
Net liabilities		( 31,425)		( 26,098)
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		( 31,525 )		( 26,198 )
Total shareholder's deficit		( 31,425)		( 26,098)

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Webb & Co (South) Limited (registered number: 12092757) were approved and authorised for issue by the Director on 30 July 2026. They were signed on its behalf by:

George Andrew Webb Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Webb & Co (South) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1a Felton Road, Lower Parkstone, Poole, BH14 0QR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a basis over its expected useful life, as follows:

Land and buildings

not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 August 2024	344,729		344,729
At 31 July 2025	344,729		344,729
Accumulated depreciation
At 01 August 2024	0		0
At 31 July 2025	0		0
Net book value
At 31 July 2025	344,729		344,729
At 31 July 2024	344,729		344,729

4. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	100		100

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.07.2025	Ownership 31.07.2024
Webb & Co (Hennings) Ltd	1a Felton Road, Lower Parkstone, Poole, Dorset, United Kingdom, BH14 0QR	Property investment	Ordinary	100.00%	100.00%

5. Debtors

	2025		2024
	£		£
Amounts owed by related parties	68,390		73,438

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,047		5,351
Other creditors	13,885		9,287
	17,932		14,638

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	256,285		259,984
Other creditors	171,160		171,160
	427,445		431,144

A fixed and floating charge in relation to the bank loan balance is held over the assets to which they relate.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100