1 April 2025 false No description of principal activity Taxfiler 2024.6 06138331 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 06138331 2025-03-31 06138331 2025-04-01 2026-03-31 06138331 business:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 06138331 business:FilletedAccounts 2025-04-01 2026-03-31 06138331 2026-03-31 06138331 business:Director1 2025-04-01 2026-03-31 06138331 business:CompanySecretary1 2025-04-01 2026-03-31 06138331 business:RegisteredOffice 2025-04-01 2026-03-31 06138331 2025-03-31 06138331 core:WithinOneYear 2026-03-31 06138331 core:WithinOneYear 2025-03-31 06138331 core:ShareCapital core:PreviouslyStatedAmount 2026-03-31 06138331 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 06138331 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 06138331 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 06138331 core:PreviouslyStatedAmount 2026-03-31 06138331 core:PreviouslyStatedAmount 2025-03-31 06138331 business:SmallEntities 2025-04-01 2026-03-31 06138331 countries:EnglandWales 2025-04-01 2026-03-31 06138331 core:FurnitureFittings 2025-04-01 2026-03-31 06138331 core:ComputerEquipment 2025-04-01 2026-03-31 06138331 core:FurnitureFittings 2025-03-31 06138331 core:ComputerEquipment 2025-03-31 06138331 core:FurnitureFittings 2026-03-31 06138331 core:ComputerEquipment 2026-03-31 06138331 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 06138331 (England and Wales)
The Green Room (Wessex) Limited Unaudited accounts for the year ended 31 March 2026
The Green Room (Wessex) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
The Green Room (Wessex) Limited Company Information for the year ended 31 March 2026
Director
Mr S R Bundy
Secretary
Mrs L Bundy
Company Number
06138331 (England and Wales)
Registered Office
Highland Hose Mayflower Close Chandlers Ford Eastleigh SO53 4AR
Accountants
Hopper Williams & Bell Limited Highland House Mayflower Close Chandlers Ford Eastleigh SO53 4AR
- 3 -
The Green Room (Wessex) Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
1,701
3,402
Current assets
Inventories
250
250
Cash at bank and in hand
7,622
6,401
7,872
6,651
Creditors: amounts falling due within one year
5
(9,049)
(8,718)
Net current liabilities
(1,177)
(2,067)
Total assets less current liabilities
524
1,335
Provisions for liabilities
Deferred tax
(426)
(851)
Net assets
98
484
Capital and reserves
Called up share capital
1
1
Profit and loss account
97
483
Shareholders' funds
98
484
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2026 and were signed on its behalf by
Mr S R Bundy Director Company Registration No. 06138331
- 4 -
The Green Room (Wessex) Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
The Green Room (Wessex) Limited is a private company, limited by shares, registered in England and Wales, registration number 06138331. The registered office is Highland Hose, Mayflower Close, Chandlers Ford, Eastleigh, SO53 4AR.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view. 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 £1. The financial statements have been prepared under the historic cost convention, modified to include certain financial instruments at fair value. The principle accounting policies are set out below. The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover
Turnover represents net invoices sales of goods and services, excluding value added tax. Income is recognised when the service has been performed or the goods been supplied
Tangible fixed assets and depreciation
The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset and is recognised in the income statement. Depreciation has been provided at the following rates in Leasehold improvements are depreciated over the length of the lease.
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/ completion.
Leases policy
Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
The Green Room (Wessex) Limited Notes to the Accounts for the year ended 31 March 2026
Financial Assets
The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instrument Issues' of FRS 102 to all its financial instruments Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at the transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include trade and other payables are initially measured at transction price and subsequently measured at amortised cost, unless the arrangement constitutes a financial transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Taxation
Taxation for the year 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 statement of financial position date.
Deferred taxation
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 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 year 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.
- 6 -
The Green Room (Wessex) Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
6,704
848
7,552
At 31 March 2026
6,704
848
7,552
Depreciation
At 1 April 2025
3,477
673
4,150
Charge for the year
1,614
87
1,701
At 31 March 2026
5,091
760
5,851
Net book value
At 31 March 2026
1,613
88
1,701
At 31 March 2025
3,227
175
3,402
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
6,566
5,640
Loans from directors
715
2,178
Accruals
1,768
900
9,049
8,718
6
Average number of employees
During the year the average number of employees was 1 (2025: 1).
- 7 -