Company registration number 03269243 (England and Wales)
WAYFARER RESTAURANT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
WAYFARER RESTAURANT LTD
COMPANY INFORMATION
Directors
Ms K E Street
Mrs R L Birkett
Mr J P Birkett
Company number
03269243
Registered office
1-5 Alder Lane
Parbold
Nr Wigan
Lancashire
United Kingdom
WN8 7NL
Accountants
Fairhurst Accountants Ltd
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB
WAYFARER RESTAURANT LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
WAYFARER RESTAURANT LTD
STATEMENT OF FINANCIAL POSITION
As At 28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
185,267
191,734
Current assets
Stocks
6,897
10,213
Debtors
4
219,819
209,046
Cash at bank and in hand
338,592
444,612
565,308
663,871
Creditors: amounts falling due within one year
5
(610,964)
(657,399)
Net current (liabilities)/assets
(45,656)
6,472
Total assets less current liabilities
139,611
198,206
Provisions for liabilities
(21,817)
(22,663)
Net assets
117,794
175,543
Capital and reserves
Called up share capital
100,000
100,000
Profit and loss reserves
17,794
75,543
Total equity
117,794
175,543

For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 5 August 2026 and are signed on its behalf by:
Ms K E Street
Director
Company registration number 03269243 (England and Wales)
WAYFARER RESTAURANT LTD
NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2026
- 2 -
1
Accounting policies
Company information

Wayfarer Restaurant 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.

1.1
Basis of preparation

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.

1.2
Revenue

Revenue comprises the net invoice value of goods supplied by the company, excluding value added tax, and arose wholly in the United Kingdom.

1.3
Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation and impairment. Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold land and buildings
2% on cost
Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Computers
25% on reducing balance
Motor vehicles
25% on reducing balance
1.4
Impairment of fixed assets

At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss.

Where an impairment loss subsequently reverses, the carrying amount of each asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

1.5
Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell.

1.6
Financial instruments

Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost using effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Short term trade creditors are measured at transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Amounts due to participating interests have no stated interest rate, are payable on demand and are measured at the undiscounted amount due.

1.7
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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted orsubstantively enacted by the statement of financial position date.

WAYFARER RESTAURANT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 28 February 2026
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 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.

1.8
Employee 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.

Short-term employee benefits are recognised as an expense in the period in which they are incurred.

2
Employees

The average number of employees during the year was:

2026
2025
Number
Number
Total
45
40
3
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 March 2025
154,021
335,593
111,735
44,401
60,015
705,765
Additions
-
0
16,950
5,250
3,502
-
0
25,702
At 28 February 2026
154,021
352,543
116,985
47,903
60,015
731,467
Depreciation and impairment
At 1 March 2025
52,940
290,144
99,888
36,362
34,697
514,031
Depreciation charged in the year
3,080
15,600
4,274
2,885
6,330
32,169
At 28 February 2026
56,020
305,744
104,162
39,247
41,027
546,200
Carrying amount
At 28 February 2026
98,001
46,799
12,823
8,656
18,988
185,267
At 28 February 2025
101,081
45,449
11,847
8,039
25,318
191,734
WAYFARER RESTAURANT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 28 February 2026
- 4 -
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
17,449
7,552
Amounts owed by group undertakings
191,229
191,229
Other debtors
11,141
10,265
219,819
209,046
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
44,035
62,549
Amounts owed to group undertakings
456,492
449,390
Corporation tax
3,063
7,606
Other taxation and social security
68,472
55,203
Other creditors
8,419
6,436
Accruals and deferred income
30,483
76,215
610,964
657,399
6
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company:

Liabilities
Liabilities
2026
2025
Balances:
£
£
Accelerated capital allowances
21,817
22,663
2026
Movements in the year:
£
Liability at 1 March 2025
22,663
Credit to profit or loss
(846)
Liability at 28 February 2026
21,817
7
Related party disclosures

The company has taken advantage of exemption,under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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